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>> FANNIE MAE Latest News

MAY 05, 2016 - MarketWatch

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Fannie Mae CEO says it’s not sustainable to operate without capital

Fannie’s CEO becomes just the latest housing official to point out that its business model isn’t sustainable.

Tags: Fannie Mae CEO says it’s not sustainable to operate without capital,  Fannie Mae Latest News

MAY 05, 2016 - Financial Times

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Fannie Mae profits fall by half

Declining net income at government-backed mortgage company points to fragile housing market

Tags: Fannie Mae profits fall by half,  Fannie Mae Latest News

MAY 05, 2016 - Associated Press

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Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend

WASHINGTON (AP) — Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of the financial instruments it uses to hedge against rate swings.

Tags: Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend,  Fannie Mae Latest News

MAY 05, 2016 - ABC News

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Fannie Mae Posts $1.1B Profit in 1Q; Paying $919M Dividend

Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from the same period of 2015, as declining interest rates reduced the value of the financial instruments it uses to hedge against rate swings.

Tags: Fannie Mae Posts $1.1B Profit in 1Q; Paying $919M Dividend,  Fannie Mae Latest News

MAY 04, 2016 - MarketWatch

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Fannie Mae less likely than Freddie Mac to need Treasury draw, analyst says

WASHINGTON (MarketWatch) -- Freddie Mac in the first quarter reported a loss but did not need to get an infusion from the Treasury Department. Sister mortgage buyer Fannie Mae is less likely to run into these concerns, according to Ed Groshans, an analyst at Height Securities. In a note to clients, he says Fannie Mae's first-quarter losses on the fair ...

Tags: Fannie Mae less likely than Freddie Mac to need Treasury draw, analyst says,  Fannie Mae Latest News