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Freddie Mac (FMCC.OB) reports its 4th consecutive quarter of profits with net income of $2.9B in...

Freddie Mac (FMCC.OB) reports its 4th consecutive quarter of profits with net income of $2.9B in Q3. A full 60% of the company's book is now post-2008 - meaning the credit quality is very high. The serious delinquency rate on post-2008 loans in 0.37%, on 2005-08 loans, 9.38%. (PR)
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