Quasi-private mortgage financier Freddie Mac announced a hefty second-quarter loss Wednesday, stretching beyond even Wall Street's pessimistic expectations.

FORBES: Magazine Article

Quasi-private mortgage financier Freddie Mac (nyse: FRE - news - people ) announced a hefty second-quarter loss Wednesday, stretching beyond even Wall Street's pessimistic expectations.

FORBES: Freddie Mac Still Hurting

Last month it played its part in shoring up Fannie Mae and Freddie Mac, the twin quasi-private giants of the American mortgage market.

ECONOMIST: The credit crunch