Fannie Mae Q3 Net Income Falls; To Pay$4B Dividend To Treasury

Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) reported its third quarter earnings today, and while FHFA director Mel Watt is preparing for the GSEs’ future role in the mortgage market, its investment portfolio continues to unwind. Fannie Mae had $3.9 billion net income in the third quarter, down from $8.7 billion in 3Q13, but the decline in YTD income is even more striking. Fannie Mae had a exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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