Gingrich Said to Be Paid at Least $1.6 Million by Freddie Mac

From: Bloomberg

Gingrich Said to Be Paid at Least $1.6 Million by Freddie Mac

Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.

The total amount is significantly larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored by CNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse.

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