A Nice Profit Rebound for Fannie. Big Reason: Lower Credit Loss Provisions

Inside Mortgage Finance, May 2, 2023–Dennis Hollier
While most of the mortgage industry struggled mightily to post profits in 1Q, Fannie Mae hit a bit of an earnings home run. Net income at the government-sponsored enterprise more than doubled in the first quarter to $3.77 billion.
https://www.insidemortgagefinance.com/articles/227691-fannie-profits-rebound-sharply?v=preview