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Home : Home Mortgage Loan : Home Mortgage Refinance : MSN Newsfeeds : Freddie Mac Posts Fourth Straight Loss on Rising Default Costs - Bloomberg

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Freddie Mac Posts Fourth Straight Loss on Rising Default Costs - Bloomberg

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Aug. 6 (Bloomberg) -- Freddie Mac , the second-largest U.S. mortgage-finance company, posted its fourth straight quarterly loss as record delinquencies drove up credit costs and said it will cut the common-stock dividend. The second-quarter net loss ...

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