Freddie Mac profits down 45%
Higher foreclosure rates on 2006, 2007 loans blamed
By Inman News, Thursday, August 30, 2007.Bookmarking Sites
Story Tools Sponsored by:
Freddie Mac's second-quarter net income fell 45 percent to $764 million, the company said today, blaming much of the decline on higher provisions for credit losses.
more...To continue reading sign in to your Premium Member account.
Premium Members have full access to news archives.
Buy Now $149.95/yr
Copyright 2007 Inman News
All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.