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Tag Archives: Fannie Mae

Fannie Mae posts $2B profit for 3Q

WASHINGTON — Mortgage giant Fannie Mae reported net income of $2 billion for the July-September period, down from $3.9 billion a year earlier. The government-controlled company attributed the third-quarter decline in profit mainly to losses on the investments it uses ...

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Fannie earns $17.2B in 2012

The Fannie Mae headquarters in Washington. AP Images

WASHINGTON — Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant’s history, helped by a record fourth quarter. The 2012 gain was driven by the housing recovery, which has reduced delinquencies and lifted ...

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