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Fannie Mae Is Suddenly The Most Profitable Company on Planet Earth

May 10, 2013 By Problem Bank List Staff 7 Comments

In early April Fannie Mae announced blockbuster profits of $17.2 billion for 2012 and $7.6 billion for  the fourth quarter.  The profits reported for 2012 represented the largest annual and quarterly net profits in the company’s history.  The financial position of Fannie Mae had improved dramatically since 2011 when Fannie Mae reported a loss of […]

Filed Under: Banking News, Fannie and Freddie, featured Tagged With: banking industry, fannie mae, fannie mae profits, FNMA

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