Freddie Mac earned $513 million in the first quarter, an increase of 37.5% from the same period last year.
The secondary-market mortgage company also reported that per-share earnings had risen 26%, to 68 cents, 3 cents more than expected.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In