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Freddie Mac reports Q4 EPS (1c) v. 1c last year
The Fly

Freddie Mac reports Q4 EPS (1c) v. 1c last year

Reports Q4 revenue $4.8B vs. $5.57B last year. "In a year with significant volatility and a challenging macroeconomic environment, Freddie Mac made home possible for 2.5 million families, while delivering solid financial results. Looking ahead, we expect to place even more emphasis on our mission by further advancing our affordable, sustainable, and equitable housing plans without compromising safety and soundness. We expect to accomplish these objectives by leveraging our talented workforce, collaborating with market participants to find new solutions, and continuously working to effectively manage risk.These actions will enable Freddie Mac to continue to build financial strength and stability that is central to fulfilling our mission," said Michael J. DeVito, CEO.

Published first on TheFly

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