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Freddie Mac reports firstly profit in two years (Reuters)

The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington, in this September 8, 2008 file photo. REUTERS/Jason Reed/FilesReuters - Freddie Mac, the flawed largest provider of U.S. competent in mortgage funding, on Friday posted its pre-eminent quarterly profit in two years as gains from hedges and a one-ever accounting change offset subdue-lofty credit losses.

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