Thursday, August 30, 2007

Freddie Mac Net Drops on Provision for Housing Slump (Update2) (Bloomberg.com)

Aug. 30 (Bloomberg) -- Freddie Mac, the second-biggest U.S. mortgage finance company, reported second-quarter profit fell 45 percent after setting aside $320 million for losses from the worst housing slump in 16 years.

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[Source: Yahoo! News Search Results for housing loan]

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