Freddie Mac asks the government for more help Mortgage giant to ask Treasury for another $30 billion to $35 billion

Freddie Mac asks the government for more help Mortgage giant to ask Treasury for another $30 billion to $35 billion

The Federal Housing Finance Agency, Freddie Mac's conservator, will ask the Treasury Department for additional funds of between $30 billion and $35 billion, the mortgage giant said in a regulatory filing Friday.

Based on a preliminary evaluation of its fourth-quarter operations, Freddie Mac's management believes that it will need the extra support to offset the impact of operating losses as well as other items that could affect the company's net worth.

It won't stop here.