Today Freddie Mac reported its fourth consecutive year of profitability, reporting net income of $6.4 billion and comprehensive income of $5.8 billion for the full-year 2015. Our solid performance last year was driven by our progress in building a better Freddie Mac, as evidenced by continued growth in purchase volumes in the guarantee businesses, including a multifamily record for the company. We're also building a better housing finance system by expanding credit risk transfer and efficiently disposing of legacy assets, thereby reducing taxpayer exposure to risk.
The financial and other information contained in this conference call recording speaks only as of the date of the recording. The information could be out of date and no longer accurate. Freddie Mac does not undertake an obligation, and disclaims any duty, to update any of the information in this recording. Freddie Mac's future performance, including financial performance, is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect the company's future results are discussed more fully in our reports filed with the SEC.
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