The Real Estate Encyclopedia
Freddie seeks government aid after $25.3B loss
Category - Mortgage Questions - Mortgage Loans FAQ's
FREDDIE MAC

After posting a big quarterly loss, Freddie Mac is asking for an initial injection of $13.8 billion in government aid - the first request to tap into the $200 billion promised by the Treasury Department to keep it and sibling mortgage finance company Fannie Mae afloat.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n4-111708.cfm
 
Category(s)
Mortgage Questions - Mortgage Loans FAQ's
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