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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (289003)	11/4/2010 12:49:54 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 306849

Government kicking a$$ hey ted? Freddie Mac Posts Net Loss of $4.1 Billion nytimes.com NEW YORK (Reuters) - Freddie Mac, the second-largest provider of U.S. residential mortgage funding, on Wednesday said a faltering housing market resulted in a $4.1 billion third-quarter net loss and another draw from the Treasury to maintain positive net worth. Freddie Mac in a quarterly regulatory filing also warned it may face significant costs related to snags in the foreclosure processes at major loan-servicing companies.