Troubled US government-backed mortgage firm Freddie Mac on Wednesday asked for an additional 10.6 billion dollars from the Treasury Department to cover losses.

Announcing a 6.7 billion dollar loss in the first quarter, Freddie Mac said it would need the new funding by June 30 this year.

The Washington-based company has already received more than 50 billion dollars in taxpayers cash to cover losses from toxic assets.

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It also warned that further demands would be on the way.

“Freddie Mac expects to request additional draws,” it said in a statement.

“The size and timing of such draws will be determined by a variety of factors that could adversely affect the company’s net worth.”