Industry News

Freddie Mac shaves its portfolio

Mortgage giant adheres to financial diet
Published on Feb 27, 2006

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by CareyBot

Freddie Mac said Friday its retained portfolio shrank in January for the first time in three months, contracting at an annualized rate of 9.9 percent to $704.2 billion. The contraction followed a 29.9 percent gain in December, reports said. The ...