Profits Drop in 1Q, But Freddie Mac is ‘Withstanding the Crisis’

National Mortgage News, Apr. 30, 2020–Paul Centopani (subscription)
While Freddie Mac stabilized liquidity in mortgage markets, coronavirus-related credit losses drove the GSE’s income down in the first quarter of 2020.
https://www.nationalmortgagenews.com/news/freddie-macs-first-quarter-earnings-2020