Ending Homelessness: $800,000 Freddie Mac Foundation Investment To Help Montgomery County Homeless Children And Families.

Freddie Mac (NYSE: FRE) announced today that the company will generally purchase mortgages that are 120 days or more delinquent from pools underlying Mortgage Participation Certificates ("PCs") when:

Shorter Term Rates Move Upward

Freddie Mac (NYSE:FRE) today (August 30) reported second quarter net income of $764 million, or $1.02 per diluted common share, compared to net income of $1.4 billion, or $1.93 per diluted common share, for the same period in 2006.