Freddie Mac Asks For $5.1 Bln In Fed Funds

13 May 2009

Freddie Mac is once again tapping its $200 billion federal fund lifeline after recording a quarterly loss of $9.9 billion.

Freddie Mac is once again tapping its $200 billion federal fund lifeline after recording a quarterly loss of $9.9 billion. The government lender’s losses were less than half that of the previous quarter’s of $23.9 billion, and its request for $6.1 billion is about one-fifth of the $30.8 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial