Industry News

Fannie Mae profits jump

Finance giant reports $7.91 billion net income for 2003
Published on Jan 22, 2004

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by CareyBot

Fannie Mae, the nation’s largest mortgage buyer, reported increased earnings for the fourth quarter and 2003 as a whole, driven by strong growth in net interest income and a decline in mark-to-market losses on purchased loans. The finance giant reported ...

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