Mortgage Finance Giant Loses $6.3B, Won't Seek New Aid - Congoo

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Mortgage finance giant loses $6.3B, won't seek new aid

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Philippine Daily Inquirer | November 07, 2009

WASHINGTON - US mortgage finance giant Freddie Mac said Friday it lost $6.3 billion for shareholders in the third quarter but would not seek any additional bailout funds from the government. The firm, which was seized by the government and placed into conservatorship along with rival Fannie Mae, sai...

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