Freddie Mac Posts $2.1 Billion Loss in Second Quarter
admin2011-08-15T02:17:56-07:00August 15, 2011 (Shirley Allen) Government Sponsored Enterprise (GSE) Freddie Mac reports that it posted a net loss of $2.1 billion in the second quarter of 2011, compared to a net profit of $676 million in the first quarter of 2011. The second quarter results were still significantly less than the same quarter in 2010 [...]