Freddie Mac (FMCC.OB) reported that its first-quarter net loss attributable to common stockholders widened to $2.390 billion from $1.227 billion in the same quarter last year. On a per share basis, net loss was $0.74, compared to a loss of $0.38 in the year ago quarter.
However, net income for the quarter surged to $4.581 billion from $577 million in the prior year quarter.
Net interest income for the quarter declined to $4.265 billion from $4.500 billion in the year ago quarter. Non-interest income was $402 million, compared to non-interest loss of $1.516 billion in the prior year quarter.
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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.