“We did this while helping hundreds of thousands of families buy, rent and remain in their homes.” “The company delivered strong earnings on higher revenues, substantially increasing our total equity by $2.5 billion to $13.9 billion – bringing us one step closer to our goal of responsibly exiting conservatorship,” Freddie Mac CEO David Brickman said. Freddie Mac’s bigger sister GSE Fannie Mae earned $4.2 billion in the third quarter. Freddie Mac net income rose to $2.5 billion in the third quarter of 2020, up from $1.5 billion in the second quarter.
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