Industry News

Freddie Mac earnings fell 52% last year

Reports 2003 income of $4.9 billion
Published on Jun 30, 2004

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Freddie Mac today reported 2003 net income of $4.9 billion, down 52 percent from $10.1 billion in 2002. Diluted earnings per common share were $6.79 for 2003, down from $14.18 for 2002. The company said the net decrease for 2003 ...