WASHINGTON (MarketWatch) -- Freddie Mac , the mortgage buyer under government conservatorship, on Tuesday said it lost $475 million in the third quarter, its first loss in four years, after earning $4.17 billion in the prior-year quarter. Freddie Mac blamed the loss on the mark-to-marking of derivatives as interest rates declined. Freddie Mac's regulator, the Federal Housing Finance Agency, said more losses should be expected. "Volatility in interest rates coupled with a capital buffer that will decline to zero in 2018 under the terms of the Senior Preferred Stock Purchase Agreements with......(
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