Fannie Mae, Freddie Mac Dividend Payments To Surpass Government Aid

Fannie Mae Common Securitization Platform Fannie Mae Mortgage Insurance

21FebFebruary 21, 2014

Fannie Mae, Freddie Mac Dividend Payments To Surpass Government Aid

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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Author

Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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