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Freddie Mac's 2Q earnings down 33% from prior period

Freddie Mac's 2Q earnings down 33% from prior period
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Freddie Mac earnings rise as other gains offset drop in new business

Improved loan performance, a credit reserve release, higher g-fees and reduced portfolio runoff helped to offset declining single-family loan purchases.

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Freddie Mac reports a quarterly decline in loan purchases, profit

However, leadership noted that 2021 was the second record year for new single-family mortgages and also discussed how the government sponsored-enterprise plans to further rebuild its capital.

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