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 / %
BAC $ 16.5454 0.39 ▼ 2.33%
SFUN $ 6.03 1.10 ▼ 15.43%
FCX $ 16.205 1.64 ▼ 9.16%
BABA $ 77.20 3.03 ▼ 3.78%
MU $ 17.43 0.89 ▼ 4.86%
VALE $ 5.28 0.33 ▼ 5.88%
JD $ 28.29 3.60 ▼ 11.29%
PBR $ 7.65 0.55 ▼ 6.71%

As of 7/7/2015, 10:15 AM