Friday, February 19, 2016

Fannie Mae 4Q net income rises to $2.5 billion

Fannie Mae’s latest fourth-quarter results faired better, with its net income slightly increasing to $2.5 billion, up from $2.0 billion in the third quarter of 2015. The government-sponsored enterprise paid a total of $10.3 billion in dividends to Treasury in 2015 and expects to pay Treasury $2.9 billion in dividends in March 2016.

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