Fannie Books Higher Quarterly Profit, to Send $3.1 Billion to U.S. Treasury
Reuters, Aug. 3, 2017–Richard Leong
Fannie Mae, the largest U.S. mortgage guarantor, said on Thursday its net income edged up to $3.2 billion in the second quarter from the previous quarter’s $2.8 billion due to higher credit-related income and investment gains.
