2012-11-07brandonsun.com

``The increase compared with a loss of $4.4 billion for the same quarter of 2011. It also marked the sixth quarter in which Freddie sought no additional aid since being taken over by the government in September 2008.

The gain "was driven by favourable market conditions, including the continued improvement in the housing market," Freddie CEO Donald Layton said in a statement.''



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