Freddie Mac (FMCC.OB) posted first quarter net income of $577 million versus $676 million last year.
Net interest income was down to $4.5 billion from $4.54 billion in the prior-year quarter. Non-interest loss was $1.52 billion versus a non-interest loss of $1.25 billion in the same quarter last year.
Provision for credit losses declined to $1.83 billion from $1.99 billion a year ago.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.