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Further loss for mortgage giant - BBC Business

Story date: 2008-05-14 10:21:00
Added on: 2008-05-14 11:00:46


Freddie Mac, the second-biggest provider of US mortgage financing, has reported another loss as the domestic housing market slump persists. It posted a loss of $151m (£77.6m) in the firt three months of 2008, compared with a shortfall of $2.5bn loss ...


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