2013-08-07huffingtonpost.com

``The return to profitability of both Freddie Mac and its larger sister-company, Fannie Mae , has largely occurred on the back of the continuing housing market recovery, marked by rising home prices and falling mortgage delinquencies.

Freddie Mac is required to pay everything above $3 billion to the Treasury in return for taxpayer aid under existing bailout terms. Combined, Freddie Mac and Fannie Mae have received $187.5 billion in assistance since they were seized amid losses on soured loans that pushed them toward insolvency.''



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