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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. Freddie Mac Posts $2.9 Billion Net Income
- Wednesday, November 07, 2012
WASHINGTON (AP) – Mortgage giant Freddie Mac posted net income of $2.9 billion for the July-September quarter, its second straight profitable quarter.
The government-controlled company attributed the gain to rising home prices and fewer mortgage delinquencies.