Freddie Mac posts $5 bn loss

Full story: Express India

Reuters Posted: Saturday, Nov 07, 2009 at 1524 hrs IST Updated: Saturday, Nov 07, 2009 at 1524 hrs IST New York: Freddie Mac, the second largest provider of US residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.

Leave a Comment

Comments

Type in your comments to post to the forum

Name
(appears on your post)

Comments

Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Mortgage Discussions

Topic	Updated	Last By	Comments
Lottery winning hubby runs, wife evicted from home	16 min	Always Wary	8
FHA Mortgage Focus Fuels Lend America's Rise (Jan '09)	28 min	knowledge	462
River Crossing condos to be auctioned - Ruidoso...	41 min	scammed again	69
Refinancing still eludes many \| The Columbus Di...	2 hr	Mortgagee	3
School taxes in Pennsylvania may soar to pay fo...	4 hr	Man in Black	147
Fannie Mae's new condo loan guidelines cause fe... (Mar '09)	4 hr	Loan Man	9
In Twin Cities, foods stamps are feeding the su...	5 hr	the troll	112