![]() Los Angeles Times |
Fannie Mae posts biggest profit since 2007
Los Angeles Times The housing finance firm also says it doesn't need an infusion of taxpayer cash. The improvement in Fannie Mae's finances was triggered by a slower decline in housing prices, a lower rate of homeowners behind on their payments and fewer foreclosed … Fannie Mae posts profit, abstains from new US aid Fannie Mae reports profit, doesn't need more funds Fannie Mae earned $ 2.7B in Q1, doesn't' seek aid |