Freddie Mac posts record profit, to surpass $71.3 billion bailout
When it makes the payment next month, Freddie Mac will have paid about $81.8 billion more in dividends than the $71.3 billion it received from the Treasury when it was bailed out during the financial crisis.
The nation's second-largest mortgage finance company earned a net income of $8.6 billion in the three months ended December 31, paving the way for the payment. The latest profit brought earnings for 2013 to $48.7 billion, the highest on record. It had net income of $11.0 billion a year earlier.
(Reporting By Margaret Chadbourn; Editing by Nick Zieminski)