Freddie Mac posts $5 billion loss - FTA

#1 (permalink)

11-06-2009, 07:50 PM

NEWSpaperBOT NEWSpaperBOT is offline

News Gatherer

Join Date: Apr 2009

Posts: 16,719

Thanks: 0

Thanked 79 Times in 77 Posts

Freddie Mac posts $5 billion loss

NEW YORK (Reuters) - Freddie Mac , the second largest provider of U.S. residential mortgage funding, said on Friday it lost $5 billion in the third quarter and predicted it would require further support from the Treasury amid a "prolonged deterioration" in housing.

More...

« SEC sees evolution in insider trading | Stocks eye retailers as jobless ranks swell »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Fannie Mae posts $18.9 billion Q3 loss, taps Treasury	NEWSpaperBOT	Business News	0	11-05-2009 07:20 PM
BofA posts $1 billion loss amid consumer credit woes	NEWSpaperBOT	Business News	0	10-16-2009 09:00 AM
MetLife posts $1.4 billion quarterly net loss	NEWSpaperBOT	Business News	0	07-30-2009 06:10 PM
Dow Chemical posts loss after charges	NEWSpaperBOT	Business News	0	07-30-2009 08:20 AM
SunTrust posts quarterly loss	NEWSpaperBOT	Business News	0	07-22-2009 08:00 AM

All times are GMT -4. The time now is 11:55 PM.