Fannie Mae will pay $2.8B to Treasury after profit

NEW YORK – Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter. The government-controlled mortgage company has.

Fannie Mae reports Q1 net income of $2.8B in Q1, and positive net worth of $3.4B.The GSE earned $5B in Q4. With this $2.8B payment, Fannie will have paid a total of $162.7B to Treasury. Draws have.

WASHINGTON — Bailed-out housing finance giant fannie mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year. The.

NEW YORK (AP) – Freddie Mac said Thursday that it will pay the U.S. Treasury a dividend of $4.5 billion next month after its profit more than doubled in the last quarter. The government-controlled mortgage company has paid the Treasury more than $101 billion in dividends since receiving $71.3 billion in bailouts from the government between 2008 and 2012.

NEW YORK ( TheStreet) — Freddie Mac ( FMCC) on Wednesday posted a $4.6 billion profit for the first quarter of 2013, its second largest ever, on the back of a recovering housing market, improving.

Fannie Mae posts $2.9B profit in 2Q; paying $2.9B dividend August 4, 2016 Leave a comment fannie mae reported net income of $2.9 billion from April through June, down from a year earlier as low interest rates brought losses for the mortgage giant on its investments.

The loss is more than the $3 billion that Fannie and Freddie Mac are now allowed to hold, which means that Fannie Mae needs a draw from the Treasury of $3.7 billion to eliminate its budget deficit.

Fannie Mae will pay $2.8B to Treasury after profit Bush contents contributed million finance giant fannie Mae reports .8 billion quarterly posts 3m profit 2q; paying $933m dividend Credit.

Volume of Fannie Mae risk-sharing deals hits $2.6B in 2018 WASHINGTON, July 26, 2018 /PRNewswire/ — Fannie Mae (otc bulletin board: FNMA) priced its fifth credit risk sharing transaction of 2018 under its Connecticut Avenue Securities (CAS) program.Closing times match a low last seen pre-TRID From National Mortgage News – Closing times match a low last seen pre-TRID. From Forbes – Predicting the 2017 Winners in Real Estate Tech. From Market Watch – Americans have lodged thousands of mortgage complaints with the agency Republicans want to gutApplication activity increases, led by uptick in refis WASHINGTON (7/24/14)–After a sharp drop earlier in the month, mortgage application activity has gained back some ground, as the composite index in the Mortgage Bankers Association’s weekly survey gained 2.4% during the week that ended july 18 (Economy.com July 23).The rebound was driven in large part by refinance activity, which jumped 4.1% for the week, while purchase activity inched up 0.3%.

Freddie Mac said on Tuesday that it will pay $2.2 billion in June after reporting a first-quarter profit. With next month’s payments, the two companies will have returned about $271 billion to taxpayers. Fannie’s net interest income, which includes income from guaranteeing mortgages, was $5.3 billion, compared to $5.8 billion in the fourth quarter.

Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter. The government-controlled mortgage company has already paid the Treasury $154.4 billion in dividends since receiving $116.1 billion in government bailouts.