Freddie Mac Predicts Improved Future

According to a report by CNN Money, Freddie Mac’s CEO predicts that the mortgage finance company’s financial future is on the upswing, despite the blow to the company over the last year that resulted from the housing crisis. Despite the hopeful outlook by Freddie Mac, its shares have continued to fall in price, and are down $65 total from a year ago. Critics remain skeptical about Freddie Mac’s financial stability, however, and even believe it could be heading toward a government bailout.

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