Freddie Mac reports first loss in four years; no draw from Treasury though

• The $501M comprehensive loss was drive by $1.5B in after-tax fair value losses on the company's interest rate hedges. There will be no draw from Treasury, as the net worth reserve was $1.8B (now $1.3B).
• Total dividends paid to Treasury remain at $96.5B; total draws of $71.3B.
• As to operations, total single-family purchase volume rose nearly 50% Y/Y;  multifamily volume more than doubled. Serious delinquency rate for single-family of 1.41% fell 12 basis points during quarter. Delinquency rate for multifamily remained at one basis point.
• Previously: Freddie Mac reports Q3 results (Nov. 3)
• OTCQB:FMCC flat premarket