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KM Financial Solutions | UPDATE 1-Fannie Mae 1st-qtr profit rises, to pay $938 mln dividend to Treasury
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UPDATE 1-Fannie Mae 1st-qtr profit rises, to pay $938 mln dividend to Treasury

02 May UPDATE 1-Fannie Mae 1st-qtr profit rises, to pay $938 mln dividend to Treasury

Posted at 13:02h in News by
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May 3 (Reuters) – Fannie Mae said on Thursday its
net income rose to $4.26 billion in the first quarter from $2.77
billion a year ago as a result of a hefty gain on its
derivatives.

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