Freddie Mac Posts $4B Profit In 1Q - Presented by: The Aol. On Network

Mortgage giant Freddie Mac posted net income of $4 billion for the January-through-March period, helped by a strengthening housing market. The government-controlled company has turned a profit in each of the past 10 quarters. Freddie's first-quarter profit reported Thursday compared with earnings of $4.6 billion in the first three months of 2013. Net income was bolstered in the latest period by a decline in mortgage delinquencies, the company said.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
KMI $ 42.32 1.57 ▲ 3.85%
SDRL $ 15.99 4.72 ▼ 22.79%
AAPL $ 119 1.40 ▲ 1.19%
FB $ 77.62 1.99 ▲ 2.63%
PBR $ 10.60 0.21 ▲ 2.02%
TIBX $ 24.03 0.09 ▲ 0.38%
PFE $ 31.10 0.63 ▲ 2.07%
MSFT $ 47.75 0.28 ▲ 0.59%

As of 11/26/2014, 04:15 PM
More Most Active

Latest News Headlines

View All