Freddie Mac profits 4th quarter in row

Posted: November 7, 2012 at 5:02 a.m.

Mortgage giant Freddie Mac earned $2.9 billion from July through September, its fourth-straight profitable quarter. The government-controlled company attributed the gain to rising home prices and fewer mortgage delinquencies.

This story is only available from our archives.

Business, Pages 24 on 11/07/2012


« Previous Story

5% leap in home prices gauged

A sale sign marks a house in Glenview, Ill., in early October. Prices for single-family homes rose 5 percent in September, compared to the same month a year ago, according to data analyst CoreLogic.

A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest yearover-yea... Read »

Next Story »

Greek strike drags into 2nd day Schools, tran...

Greek trade unions continued a general strike and nationwide protests Tuesday against a new package of austerity measures, to be voted on this week, which would condemn Gre... Read »