Fannie Mae, Freddie Mac Third-Quarter Earnings Rise on Mortgage Refinance Boom

Wall Street Journal, Oct. 29, 2020–Andrew Ackerman (subscription)
Government-controlled mortgage giants Fannie Mae and Freddie Mac reported improved earnings in the third quarter, as record-low interest rates fueled a refinancing boom that buoyed the companies’ results.
https://www.wsj.com/articles/fannie-mae-earnings-rise-during-third-quarter-on-mortgage-refinance-boom-11603976426