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Fannie Mae (FNMA.OB +11.4%) reports Q2 income of $5.1B, up from $2.7B in Q1. Like Freddie Mac,...
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Wednesday, August 8, 2012, 10:39 AM ETFannie Mae (FNMA.OB +11.4%) reports Q2 income of $5.1B, up from $2.7B in Q1. Like Freddie Mac, the agency is benefitting from higher property prices/lower delinquencies. Like Freddie, Fannie is able to make its $2.9B dividend payment to the Treasury without having to draw from the Treasury. (PR)
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