Fannie Mae will pay $2.8B to Treasury after profit

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Keeping the two afloat cost taxpayers $187 billion over time.. Treasury paid $116 billion for Fannie and $71 billion for Freddie. In August 2012, the Treasury decided it would send all Fannie and Freddie profits into the general fund. Since then, the bailout has been paid back with $58 billion in profit.

WASHINGTON (AP) – Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June. Washington-based Fannie will pay a dividend of $3.7 billion to the U.S..

Freddie Mac says it will pay $2B to taxpayers – maybe Fannie Mae will pay $2.8B to Treasury after profit treasury secretary mnuchin confirms fannie mae & Freddie Mac. – Nope, in late 2012, Treasury amended the 10% cash dividend and decided to sweep the entire "net worth" each quarter starting Q1 of 2013, claiming it was to avoid a death.

Fannie Mae reports Q1 net income of $2.8B in Q1, and positive net worth of $3.4B.The GSE earned $5B in Q4. With this $2.8B payment, Fannie will have paid a total of $162.7B to Treasury. Draws have.

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Freddie Mac would have now paid back its original 10% dividend (+ $740 million); Fannie Mae. after the NWS: [a] quarterly dividend payments due to Treasury, [b] senior preferred stock held by.

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Fannie Mae will have paid the treasury 1.1 billion when this dividend payment is made. Since 2008, Fannie received $116.1 billion in government bailouts. What Fannie has not done is pay a dime to ..

Freddie Mac, the U.S.-owned mortgage financier, will return $10.4 billion to the Treasury Department next month, bringing total payments to about $10 billion above what it got in aid after the. all.

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Washington-based Fannie Mae also will pay a dividend of $2.9 billion to the U.S. Treasury next month. With that payment, Fannie will have paid a. Freddie Mac posts $993M profit in 2Q; paying $933M dividend

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WASHINGTON (AP) – Mortgage giant Fannie Mae posted net. The first-quarter profit compared with net income of $1.9 billion a year earlier. Washington-based Fannie is paying a dividend of $919.

The first-quarter profit compared with net income of $1.9 billion a year earlier. Washington-based Fannie is paying a dividend of $919 million to the U.S. Treasury next month. Investors would pay.

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