The Traderszone Network

Published in TZ Latest News 22 February, 2017 by The TZ Newswire Staff

Fannie Mae and Freddie Mac Earned $20 Billion in 2016 — Will Investors Finally See Some of It?

Government-sponsored entities Fannie Mae (NASDAQOTH: FNMA) and Freddie Mac (NASDAQOTH: FMCC) reported 2016 earnings of just over $20 billion between them. Unfortunately for investors, all the profit will be sent to the U.S. Treasury, although this profit-sweep may not last for too much longer. Here’s a closer look at the numbers, and whether the companies could return to privatization soon.

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