Breaking News

Fannie Mae posts record first-quarter net income

WASHINGTON — Mortgage giant Fannie Mae earned a record $58.7 billion from January through March, benefiting from a one-time accounting move that allowed the company to lower its tax liability.
Fannie reported Thursday that $50.6 billion of its first-quarter net income came in part from losses on delinquent mortgages… …read more
Source: NY Post

Please ShareShare on FacebookTweet about this on TwitterShare on Google+Share on LinkedInShare on StumbleUponPin on PinterestEmail this to someone

Jewish Content

Posted by on May 10, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.