Freddie Mac to Pay Treasury $4.4 Billion

Freddie Mac to Pay Treasury $4.4 Billion Play

Aug. 7 (Bloomberg) -- Freddie Mac, the U.S.-owned mortgage financier, will pay $4.4 billion to the Treasury Department after continued housing-market improvements allowed the company to post a seventh consecutive profitable quarter. Peter Cook reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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