Freddie Mac Paid Gingrich Group $25,000 a Month

Newt Gingrich
Newt Gingrich

Freddie Mac paid a consulting firm headed by Republican presidential nominee Newt Gingrich a $25,000 monthly retainer in 2006, according to documents released by The Gingrich Group on Monday night.

The contract capped the retainer at $300,000 for the year.

Gingrich decided to release the documents ahead of the debate, in response to heavy criticism from GOP rival Mitt Romney. A television ad began running in Florida, where the next primary election will be held, portraying Gingrich as "a Washington insider" who took money from the mortgage giant just before its failure.

The documents released Monday reveal little about what Gingrich actually did for Freddie.

Read the full story at Housingwire.