Freddie Mac Loss Narrows
August 10, 2010 at 12:21 PM EDT
Freddie Mac’s (OTC:FMCC) second quarter 2010 net loss came in at $1.85 per share, substantially lower than the prior quarter loss of $2.45. However, this compares unfavorably with a net loss of 26 cents per share in the year-ago quarter. With some early signs of stabilization in the housing market, Freddie Mac expects low mortgage rates, [...]