Freddie Mac earns $1.9B; sends it to Treasury

|About: Freddie Mac (FMCC)|By:, SA News Editor

Q1 net income of $1.4B vs. $4B in Q1. Comprehensive income of $1.9B vs. $4.5B. Dividend obligation to Treasury will be $1.9B, bringing total cash dividends paid to $88.2B.

As noted in the past, the recent level of earnings is not sustainable over the long term, says Freddie Mac (OTCQB:FMCC).

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