fannie mae earnings

Fannie Mae Posts $2.2 Billion Net Gain for Second Quarter

Fannie Mae earned $2.2 billion from April through June, its second quarterly gain in net income since it was taken over by the government during the 2008 financial crisis.

Fannie Mae Asks for Another $1.5 Billion in Aid

After recording another quarterly loss, mortgage lender Fannie Mae has requested an additional $1.5 billion in aid from the U.S. government. The extra funds would raise the total assistance to Fannie Mae to $86.1 billion, the company said.