Freddie to ask Treasury for $1.8 billion.

Mortgage BankingVol. 70 Nbr. 12, September 2010

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Summary


Briefing Book - Federal Home Loan Mortgage Corp - Financial report

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Freddie to ask Treasury for $1.8 billion.

At the end of this year's second quarter, Freddie Mac reported a net-worth deficit of $1.7 billion, prompting an additional $1.8 billion draw request to the Department of the Treasury. Even with the lates...

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