Fannie Mae, Freddie Mac Dividend Payments To Surpass Government AidMani
Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) proposes to pay $7.2 billion as a profit-related dividend to the U.S. Treasury, turning the mortgage bailout into a profitable venture for taxpayers.
Mortgage giant Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) clocked an annual profit of $84 billion in 2013 thanks to strong home-price gains in housing markets across the U.S.
Fannie Mae, Freddie Mac crossed $187 billion mark
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