Mortgage giant Freddie Mac posts $30.5B profit in 3Q; repaying full federal bailout of $71.3B

  • by: Associated Press
  • Updated: November 7, 2013 - 8:50 AM

WASHINGTON — Freddie Mac posted net income of $30.5 billion from July through September, its eighth straight profitable quarter. Freddie will have repaid its full government bailout after paying its third-quarter dividend.

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