Since it was bailed out by the U.S. government, the Federal Home Loan Mortgage Corp. total dividends paid to the Treasury Department exceed $100 billion.
Prior to income tax expense, Freddie Mac earned $3.3 billion during the three months ended Sept. 30. Earnings increased from $1.5 billion the prior period.
Those details, as well as other operational and financial metrics, were disclosed Tuesday by the McLean, Virginia-based company in its third-quarter earnings report.
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From:: Financing