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Editorial Results (free)
1. Record Profit Signals Healthier Fannie Mae
- Friday, May 10, 2013
WASHINGTON (AP) – Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter.
And it made clear it's on the cusp of repaying taxpayers for one of the most expensive bailouts of a single company in the financial crisis.
2. Fannie, Freddie Narrow Losses but Seek More Aid
- Monday, February 28, 2011
WASHINGTON (AP) – Government-controlled mortgage buyers Fannie Mae and Freddie Mac narrowed their losses in the final three months of last year. But they are asking for more money from taxpayers as the real estate market braces for what could be a new wave of mortgage defaults.
3. Fannie Seeks Less Money, Bailout Price May Shrink
- Monday, August 09, 2010
WASHINGTON (AP) – Fannie Mae is asking for less money from the government, a sign that the cost to taxpayers for bailing out the mortgage giant could be billions lower than once thought.
The government-controlled mortgage buyer said Thursday it has now set aside enough money to cover the majority of losses stemming from bad loans made from 2005 through 2008.
- Monday, June 04, 2007
The Engineers' Club of Memphis hosts its weekly meeting and lunch today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. Darren Sanders, deputy Shelby County engineer, is the guest speaker. Cost is $12 and no reservations are required.