Freddie Mac posts net income of $2.5 billion in third quarter

Oct 29, 2020 |

Freddie Mac net income rose to $2.5 billion in the third quarter of 2020, up from $1.5 billion in the second quarter. Freddie Mac’s bigger sister GSE Fannie Mae earned $4.2 billion in the third quarter. “The company delivered strong earnings on higher revenues, substantially increasing our total equity by $2.5 billion to $13.9 billion […more]

Posted in: San Francisco

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