Fannie Mae will pay $2.8B to Treasury after profit
The government-controlled company released its second-quarter results Thursday. Washington-based Fannie Mae will pay a dividend of $3.1 billion to the U.S. Treasury next month if the company’s federal regulator agrees. That payment would bring the total dividends paid by Fannie to $165.8 billion.
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Fannie Mae will pay $2.8B to Treasury after profit Fannie Mae said it expects to make a $2.8 billion dividend payment to the U.S. Treasury in June after reporting a first-quarter profit driven by a relatively stable mortgage market and a continued decline in delinquencies.
· Fannie Mae today reported a $2.8 billion profit for the first quarter, following earnings of $4.85 billion in the previous quarter. The decrease in profit from the fourth quarter of 2016 was attributed to smaller increases in interest rates, the company said.
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.
Fannie Mae will pay the Treasury Department $7.2 billion after posting an eighth straight quarterly profit, pushing total dividend payments above the $116.1 billion of aid it received after the.
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On Friday, Fannie Mae said it would pay $5.5 billion in dividends to the US Treasury. With that payment, to be made in March, the company will have paid a total of $160 billion in dividends to the.
Higher home prices risk closing door on housing momentum the number of momentum investors, transaction costs, volume, and prices. II. Housing Boom and Reasons for Buying a House Panel A in Figure 1 illustrates the housing boom episode that we focus on in this paper. The gure plots the price-dividend ratio for housin g: the aggregate market value of residential
Fannie Mae will pay U.S. $5.5B after reporting profit. The government took over Fannie and Freddie in 2008, eventually sending them bailout money of $187.5 billion. Fannie’s portion of that was $116.1 billion, and after March’s payment, Fannie will have paid the U.S. Treasury $159.9 billion.
WASHINGTON, May 8 (Reuters) – government-controlled mortgage finance firm Fannie Mae said on Thursday it would send the U.S. Treasury a dividend of $5.7 billion after posting a ninth straight.
Fannie Mae’s sibling Freddie Mac, which was also rescued by the government during the recession, said Thursday that it would pay the Treasury a $4.5 billion dividend next month after its profit.
The fourth-quarter profit slipped from earnings of $7.6 billion in the same period of 2012. Fannie will pay a dividend of $7.2 billion to the U.S. Treasury next month. With its previous payments.
Queens home-sellers aren’t waiting for Amazon to raise prices Amazon’s presence will likely impact home in rent prices not just in Long Island City, but in those surrounding it and even further out By Ameena Walker Nov 14, 2018, 10:20am EST Share Tweet Share