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Items Tagged with 'Treasury payment'

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  • Freddie Mac reports income of $2.6 billion in Q3

    Expected to pay $2.6 billion to Treasury
    Freddie Mac reported Wednesday it posted a comprehensive income of $2.6 billion in the third quarter of 2018. However, the company reported its single-family origination volumes decreased by 6%. FTN Financial Group analyst Jim Vogel highlights that the current system has become dependent on outside capital.
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  • Freddie Mac reports income of $2.4 billion in Q2

    Set to return another $1.6 billion to Treasury
    Freddie Mac reported Tuesday it posted a comprehensive income of $2.4 billion in the second quarter of 2018. The company explained the reason for its strong second quarter results, including a nearly 30% increase in mortgage originations from the second quarter last year.
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