Freddie Mac’s Net Income Falls As it Takes First Step Toward Independence

HousingWire, Oct. 30, 2019–Kathleen Howley
Freddie Mac reported net income fell 37% in the third quarter, but things were still rosy for the nation’s second-biggest mortgage financier because it didn’t have to make the so-called “profit sweep” payment due at the end of the September.
https://www.housingwire.com/articles/freddie-mac-net-income-falls/