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Fannie, Freddie post $10.2bn in Q1 profits

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Mortgage Professional America | 08 May 2014, 10:52 AM Agree 0
Fannie Mae and Freddie Mac will turn over $10.2 billion in profit to the Treasury -- most of it income from legal settlements
  • Mark Jagusiak | | 08 May 2014, 11:23 AM Agree 0
    So, if they are becoming profitable, why get rid of them?
  • Herb McGee | | 08 May 2014, 11:38 AM Agree 0
    Leave them alone, they are showing a profit, don't screw it up.
  • Nicholas Corso | | 08 May 2014, 11:38 AM Agree 0
    Mark agreed-
    You know our Government Brake it because it works..
  • Michael Harbert | | 09 May 2014, 01:12 PM Agree 0
    Yea, take away the Legal awards and Fannie's profit is only 1.2 Billion while Freddie Looses 900 Million
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