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Volume 18 - Number 16

August 3, 2018

Downloads Available: GSE Earnings: 2004-2Q18


Fannie and Freddie Report $7.0 Billion in Combined Profits for 2Q

The GSEs posted a combined net profit of $6.96 billion for the second quarter, with Fannie accounting for the lionís share having earned $4.46 billion. The combined number is down slightly from the $7.19 billion recorded for the first quarter. Fannie Maeís chief financial officer, Dave Benson, attributed the 4.6 percent quarterly increase partly to higher credit-related income. [Includes one data chart.]

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