Freddie Mac reports Q3 EPS 0c vs. (2c) last year

Reports Q3 revenue $5.7B vs. $5.8B last year. “In the third quarter, Freddie Mac earned $2.8 billion of net income on $5.7 billion of revenue as we worked to restore the American Dream for families across the country. In doing so, we helped 483,000 Americans buy, refinance or rent a home, including 106,000 first time homebuyers. But we are not resting on these results. The country needs more supply, and we are looking closely at ways to help drive more homebuilding in both the multifamily and single family markets. At Freddie Mac (FMCC), we will never stop working to make housing great again,” said William Pulte, Chair of the Board.