Fannie Mae earns $8.7B in Q3

• Fannie Mae (OTCQB:FNMA): Q3 net income of $8.7B up from $1.8B in year-ago quarter. Positive net worth of $11.6B and will pay $8.6B dividend to Treasury.
• The "dividend sweep" will have Fannie paying $82.4B to Treasury this year, and bring the total dividends paid to $113.9B vs. $116.1B in draws from 2008-11. Treasury - of course - retains its $117.1B in preferred stock.
• Press release.