Freddie Mac records $48.7 billion 2013 net income

Freddie Mac’s full-year net income for 2013 totaled $48.7 billion, while its comprehensive income reached $51.6 billion, as income was buoyed by full-year tax benefit of $23.3 billion and pre-tax benefit of legal settlements of $6 billion for fourth quarter and $7.7 billion for full year.

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