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Not to be Outdone; Fannie Profits Bring Dividend Total to $136.4 Billion

by devteam February 21st, 2015

Like Freddie Mac, Fannie Mae has also reported a profitable fourth quarter of 2014 and a profitable year. The company had both net and comprehensive income for the quarter of $1.3 billion and for the year a net of $14.2 billion and comprehensive income

Freddie Mac Profits Put Taxpayers $91.8 Billion in the Black

by devteam February 21st, 2015

Freddie Mac said today that full-year net income and comprehensive income, $7.7 billion and 9.4 billion respectively, made 2014 the company's third straight year of profitability. The financial results were driven primarily by: Net interest income of

Rates, Declining Home Prices Improved Affordability in Q4

by devteam February 20th, 2015

Housing affordability grew slightly in the fourth quarter of 2014 according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today. NAHB said that the increase was due to interest rates which declined

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