Industry News

Freddie finances house every 6 seconds

Mortgage giant reports record year in 2003
Published on Feb 16, 2004

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Mortgage giant Freddie Mac financed more than 5.5 million houses or approximately one every six seconds last year, the McLean, Va., mortgage giant reported today. Approximately 51 percent of the corporation’s purchases served low- and moderate-income families. That figure exceeded ...

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