Industry News

Fannie Mae files annual report — for 2005

Profits up, but trend not foreseen to extend into 2006
Published on May 2, 2007

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by CareyBot

As it catches up in its financial reporting, Fannie Mae said today that 2005 profits totaled $6.3 billion — up 26 percent from 2004 — but warned net income for 2006 will be lower because of higher borrowing costs and ...