Fannie Mae will pay $2.8B to Treasury after profit

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Fannie Mae said it earned $5 billion in the fourth quarter, doubling its profits from a year earlier with a big boost from gains on derivatives the company uses to hedge risk. The profit means Fannie, which has been under U.S. control since 2008, will send a $5.5 billion dividend payment to the.

Fannie Mae posts $3.2B profit in 2Q; to pay .1b dividend. Freddie will pay a dividend of $2 billion to the Treasury next month.. The Seattle Times does not append comment threads to.

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Freddie Mac would have now paid back its original 10% dividend (+ 0 million); fannie mae would have $5.74 billion left in liquidation preference to pay to Treasury. Fannie Mae and Freddie Mac.

WASHINGTON (Reuters) – Fannie Mae FNMA.OB, the nation’s biggest mortgage finance company, said on Thursday it will pay $59.4 billion in dividends to the Treasury after a record profit in the first.

Fannie Mae will pay $2.8B to Treasury after profit Fannie Mae said it expects to make a $2.8 billion dividend payment to the U.S. Treasury in June after reporting a first-quarter profit driven by a relatively stable mortgage market and a continued decline in delinquencies.

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Fannie Mae said it expects to make a $2.8 billion dividend payment to the U.S. Treasury in June after reporting a first-quarter profit driven by a relatively stable mortgage market and a continued decline in delinquencies.

Fannie Mae Will Pay $2.8 Billion to U.S. Treasury After Profit – (Bloomberg) — Fannie Mae said it expects to make a $2.8 billion dividend payment to the U.S. Treasury in June after reporting a first-quarter profit driven by a relatively stable mortgage market and a continued decline in delinquencies. The payment will come after the mortgage-finance giant.

Fannie mae reports .8 billion quarterly profit as capital buffers dry up. mortgage financier Fannie Mae reported net income in the first quarter that. Fannie will remit $2.8 billion to.

NEW YORK (AP) – Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter. The government-controlled mortgage.

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