• Feb 25

    WASHINGTON – Freddie Mac lost $7.8 billion in the final three months of last year, but the mortgage finance company didnt need a federal cash infusion for the third quarter in a row.

    Freddie Mac, which has been controlled by federal regulators since September 2008, lost $2.39 a share, the company said Wednesday. The loss included $1.3 billion in dividends paid to the Treasury Department, which has an almost 80 percent stake in the McLean, Va., company.

    The results were a marked improvement over the fourth quarter 2008 when Freddie lost $23.9 billion, or $7.37 a share.

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