The Traderszone Network

Published in TZ Latest News 6 August, 2015 by The TZ Newswire Staff

Fannie Mae posts $4.6B profit in 2Q; paying $4.4B dividend

Mortgage giant Fannie Mae reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier. Rising interest rates enabled Fannie to post gains on the investments it uses …