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» Fannie and Freddie Ride the Refi Wave to Profits
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Fannie and Freddie Ride the Refi Wave to Profits
November 6, 2020
Dennis Hollier
Fannie and Freddie reported a combined profit of $6.69 billion in the third quarter, a 54.8% sequential increase. However, year-to-date profits were down more than 19% due to COVID and CECL implementation. (Includes data chart.)
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