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  • Freddie Mac reports $354M net loss in first quarter

    Freddie Mac reported a $354 million net loss in the first quarter, significantly down from its $2.2 billion net income recorded in the fourth quarter of 2015. The news is a reminder of the GSE's net loss in the third quarter of 2015, which marked the first loss in four years. But despite the news, Freddie CEO Donald Layton remains positive on the results. Click the headline to find out why.

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wounded economy

First up, debt.

Since 2009, Government debt has surged by over $6 trillion while real economic growth has only risen by $1.2 trillion.  However, even this number is inaccurate as the current government debt levels are actually higher.

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