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Freddie Mac REports Q4 Net Loss of $113M

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Freddie Mac (FMCC) today reported a net loss of $113 million for the quarter ended December 31, 2010, compared to a net loss of $2.5 billion for the quarter ended September 30, 2010. For the full-year 2010, the company reported a net loss of $14.0 billion, compared to a net loss of $21.6 billion for the full-year 2009.

Freddie Mac also reported total comprehensive income of $1.2 billion in the fourth quarter of 2010, compared to total comprehensive income of $1.4 billion in the third quarter of 2010.

Posted-In: Earnings News

 

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