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» Refi Wave Continues to be Very Profitable for Fannie Mae, GSE’s Top Officials Report
Refi Wave Continues to be Very Profitable for Fannie Mae, GSE’s Top Officials Report
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While this year’s record-breaking refinance wave is wreaking havoc with some mortgage security investors, one of the largest – Fannie Mae – is reporting that heavy refi activity is proving to be very beneficial to its bottom line.