Processing ContentFreddie generated $3.8 billion worth of earnings that were up 60% from the same period a year earlier and compared to $3.6 billion in the first quarter. It also generated $6 billion in net revenues, beating S&P Capital IQ's consensus estimate of $5.4 billion. The company acquired $110 billion in single-family loans during the second quarter, which came close to matching competitor Fannie Mae 's at $111 billion. Freddie's serious delinquency rate for single-family loans was 0.60%, matching the first quarter and up from 0.55% a year earlier. The government-sponsored enterprise also reported that its net worth climbed from $74 billion at the end of the first quarter to $78 billion.