Relevant:
2009-05-13 — housingwire.com
"Mortgage giant Freddie Mac posted a $9.9bn net loss — or $3.14 per share — in Q109, from the $23.9bn net loss in Q408. The company’s refinance-loan purchase volume quadrupled since the previous quarter, but poor performance of securitized loans drove Freddie into a net worth deficit."
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