Another Strong Quarter For Fannie Mae & Freddie Mac, Another Profitable Pay-Out To Treasury by Investors Unite Fannie Mae and Freddie Mac both boasted healthy second quarters this year, according to earnings reports released this week. Fannie Mae boasted $4.6 billion in net income while Freddie Mac showed an impressive $4.2 billion for the same. The Wall Street Journal noted that “an interest-rate increase helped drive a 27% rise in [Fannie Mae’s] second-quarter profits” while Politico Pro reported earlier this week that Freddie reversed losses from derivatives holdings into gains” with the second quarter of this year showing a vast…
Another Strong Quarter For Fannie Mae & Freddie Mac, Another Profitable Pay-Out To Treasury
Guest Post
If you are interested in contributing to ValueWalk on a regular or one time basis read this post http://www.valuewalk.com/guest-posts-hedge-fund-letters/ We do not accept any outside posts or even ads on penny stocks, ICOs, cryptos, forex, binary options and related products.