Fannie Mae to Pay U.S. $1.8 Billion After First-Quarter Profit

Fannie Mae to Pay U.S. $1.8 Billion After First-Quarter Profit Bloomberg Fannie Mae, the mortgage-finance company operating under U.S. conservatorship, will pay the Treasury Department $1.8 billion after reporting net income of $1.9 billion for the first quarter. The company, which was seized along with smaller rival Freddie Mac ... and more »...(read more)

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