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Freddie Mac posts $2.9B net income for Q3

Associated Press
Freddie Mac posts $2.9B net income for Q3

FILE - This Wednesday, Oct. 10, 2012 file photo shows a for-sale sign at a home in Glenview, Ill. Mortgage giant Freddie Mac earned $2.9 billion from July through September, its second straight profitable quarter. The government-controlled company attributed the gain to rising home prices and fewer mortgage delinquencies. (AP Photo/Nam Y. Huh, File)

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