Pickle Real Estate

Reading Between the Head-Lines

Freddie Mac Reports $2.5 Billion Loss, Warns of Weak Housing Market

2010-11-04  wsj.com

“Freddie Mac reported a narrower $2.5 billion third-quarter loss, the smallest shortfall in more than a year amid signs that mortgage delinquencies are slowing. But the company warned that delays in the foreclosure process could raise costs “significantly” and that losses also could rise amid a faltering housing recovery.”

original article

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November 4, 2010 - Posted by | Investments, Real Estate

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