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Archive Home > 2009 > March > 12 > Freddie Mac seeks another $30.8B in aid

Freddie Mac seeks another $30.8B in aid


March 12, 2009

WASHINGTON — Freddie Mac, facing mounting damage from the U.S. housing crisis, said Wednesday it will ask the government for $30.8 billion in additional aid after posting a gargantuan loss of more than $50 billion last year. The report comes just weeks after Fannie Mae said it would....

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