Freddie Mac Profit Shows Taxpayer Bailout Risk Is More Remote

  • Freddie Mac had second-quarter profit of $993 million
  • Company will send U.S. Treasury $933 million in dividends

Freddie Mac swung to a profit in the first quarter and says it’s taking steps to avoid another taxpayer bailout in the near term.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.