Fannie Mae, Freddie Mac Dividend Payments To Surpass Government Aid
Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA)Â 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. SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
Fannie Mae, Freddie Mac crossed $187 billion mark