The states are those with relatively fast foreclosure processes, Freddie Mac said. Freddie Mac is struggling to contain billions of dollars in losses sustained since mid-2007 as the housing slump deepened more than expected. Speculation that losses will severely pinch capital positions at the company and rival Fannie Mae, the top U.S. mortgage funding company, led to sharp drops in their share prices since May and legislation this week to provide emergency financial backstops from the U.S. Treasury.