Freddie Mac reports Q3 loss of $25 billion (Banking Business Review)

Tuesday, November 18, 2008

Federal Home Loan Mortgage has reported a net loss of $25.3 billion, or $19.44 per diluted common share, for the quarter ended September 30, 2008, compared to a net loss of $1.2 billion, or $2.07 per diluted common share, for the quarter ended September 30, 2007.

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