Fannie Mae Reports Net Income of $8.7 Billion - Taxpayer-owned mortgage company Fannie Mae earned an $8.7 billion profit in the third quarter, up from $1.8 billion one year ago, according to a financial filing today. It’s the firm’s seventh-straight quarterly profit. Fannie will be able to pay $8.6 billion to the Treasury Department in December. After the payment the company will have returned [...] ow.ly/2BnnqG
Posted on: Thu, 07 Nov 2013 17:53:52 +0000
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