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Freddie Mac News

Freddie Mac CEO David Moffett To Resign

AP | ALAN ZIBEL | Posted 04.02.2009 | Business

Read More: Freddie Mac News, Fannie Mae Freddie Mac Bailout, Freddie Mac, David Moffett Resigns, Freddie Mac Bailout, David Moffett Freddie Mac, David Moffett, Moffet Freddie Mac, Freddie Mac David Moffet, Freddie Mac Ceo Will Resign, Bailout Outrage, Business News

WASHINGTON — The top executive of Freddie Mac is quitting after less than six months on the job as the company continues to hemorrhage from mort...

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Freddie Mac Predicts $5.5 $7.5 Billion More Losses For The Year

AP | Marcy Gordon | Posted 03.28.2008 | Business

Read More: Freddie Mac News, Subprime Mortgage Market, Freddie Mac, Subprime Mortgage Crisis, Worst Housing Slump, Freddie Mac Loss, Subprime Loans, Subprime Mortgages, Housing Slump, Business News

The chief executive of Freddie Mac estimated Tuesday the mortgage finance company will lose an additional $5.5 billion to $7.5 billion over the next f...

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Freddie Mac May Need $6 Bil To Curb Capital Slide

Bloomberg | James Tyson, Jody Shenn | Posted 03.28.2008 | Business

Read More: Freddie Mac News, Freddie Mac, Housing Slump, Worst Housing Slump, Freddie Mac Loss, Business News

Freddie Mac, the second-largest U.S. mortgage-finance company, may need to raise as much as $6 billion to bolster its capital amid the worst housing s...

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Freddie Mac Reports $2 Bil Loss

AP | Posted 03.28.2008 | Business

Read More: Credit Losses, Freddie Mac, Freddie Mac News, Freddie Mac Loss, Business News

Freddie Mac set aside $1.2 billion in the third quarter to account for bad home loans and posted a $2 billion loss Tuesday, prompting the nation's sec...

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