Freddie Mac (FMCC.OB): Q3 net loss of $2.5B, and net worth deficit of $58M as its $1.6B...

|About: Freddie Mac (FMCC)|By:, SA News Editor
Freddie Mac (FMCC.OB): Q3 net loss of $2.5B, and net worth deficit of $58M as its $1.6B quarterly dividend payment to the Treasury exceeded its $1.4B income. To eliminate the deficit, FHFA will submit a $100M draw request to the Treasury. Single-family serious delinquency rate of 3.80%, down from 3.96% in June. (PR)