CORRECTED-Freddie net income falls, to pay U.S. $1.8 bln in dividends
Freddie Mac’s net income fell
in the second quarter from a year-ago due to derivative losses,
while it expects to pay the U.S. Treasury Department $1.8
billion in dividends by September, the mortgage finance agency
said on Wednesday.
in the second quarter from a year-ago due to derivative losses,
while it expects to pay the U.S. Treasury Department $1.8
billion in dividends by September, the mortgage finance agency
said on Wednesday.
Posted by Reuters