Freddie Mac reported a gain in the fourth quarter and less losses overall for the year 2011 compared to the previous year, according to the GSE’s fourth quarter and year 2011 report released today. Freddie Mac reported a net income of $ 619 million for the 2011 fourth quarter. During the third quarter ending September 30, 2011, a net loss of $ 4.4 billion was reported. Freddie Mac will request $ 146 million from the U.S. Treasury for the company’s fourth quarter net worth deficit.
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