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Freddie Mac to Pay U.S. $4.5 Billion After Reporting Profit

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Freddie Mac to Pay U.S. $4.5 Billion After Reporting Profit

Its core single-family guarantee business had comprehensive income of $2.2 billion and multifamily lending business made $1.6 billion for 2016. The company’s investment portfolio, which the company has greatly reduced since the bailout, made $3.4 billion.

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