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Freddie Mac loses $151 million
http://msnbc.msn.com/ id/ 24614759
Mortgage finance company Freddie Mac's first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected.
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$151 Million Loss for Freddie Mac
http://www.mortgageprocessor.org/mortgage-industry-news/2008...The mortgage finance company Freddie Mac is under scrutiny regarding its ability to stand strong despite the conditions of the recent of the housing market. Even though a $151 million loss was still seen in the first quarter, or the equivalent of 66 cents a share, these results were actually better than expected. The company has changed its accounting practices, and in turn, has seen more fiscal success. The goal for Freddie Mac is to avoid a federal bail out, and even to raise $5.5 billion in new capital. For more on this story, please visit: http://www.msnbc.msn.com/id/24614759/
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Freddie Mac loses $151 million
http://citynewsmagazine.com/freddie-mac-loses-151-millionFreddie Mac loses $151 million Mortgage finance company Freddie Mac’s first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected. Author
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