Fannie Mae posts record $58.7B net income for Q1 – Bellingham Herald

Filed under Washington Foreclosure

Bellingham Herald Fannie Mae posts record $58.7B net income for Q1 Bellingham Herald And many fewer homes are falling into foreclosure . All of that is a boon to Fannie and its smaller sibling Freddie Mac, which own or guarantee half of all U.S. mortgages and back nearly 90 percent of new ones.

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Fannie Mae posts record $58.7B net income for Q1 – Bellingham Herald

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