Freddie Mac: Losses Narrowed in 2009. Enterprise Financed Over Two Million Homes
Freddie Mac reported today that its losses during 2009 were less than half of its huge shortfall in 2008. Net losses in 2009 totaled $21.6 billion on net interest income of $17.1 billion and total revenues of $14.3 billion. In 2008 the government sponsored enterprise lost $50.1 billion, on net interest income of $6.8 billion [...]
