Comment on Newt Gingrich admits benefiting from Freddie Mac fees, defends at least $1.5 million payments

Newt Gingrich admits benefiting from Freddie Mac fees, defends at least $1.5 million payments

URBANDALE, Iowa — Rising in national polls, Republican presidential candidate Newt Gingrich found himself on the defensive Wednesday over huge payments he received over the past decade from the federally backed housing agency Freddie Mac. Gingrich said he didn’t remember exactly how much he was paid, but a former Freddie Mac official said it was at least $1.5 million for consulting contracts stretching from 1999 to 2007.

 

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