18.02.2016 - Report of Freddie Mac was better than expected
Mortgage giant Freddie Mac said about a strong earnings growth for the 4th quarter. Thus, the profit totaled 2.16 billion dollars, compared with 227 million in the same period last year. It is worth noting that for the 3rd quarter loss of 475 million dollars. The company said that 15.1 million people have been helped to finance the purchase of homes since 2009. Officials said that the conservatorship of the company may no longer be appropriate. We expect a gradual increase in the company's shares by 15-25% per year.