Posted On: 04/22/2013 11:09:56 PM
Post# of 1629
FNMA CEO: 2012 MARKED A TURNING POINT AT FANNIE MAE
the year in which the fruits of four years of labor manifested in tremendous progress. We have taken actions to improve our
financial performance build a profitable new book of business
and reduce losses on our legacy book. In 2012 we reported $17.2 billion in net income the largest net income in the company’s
history. Our profits go back to taxpayers. Through March 31 2013 Fannie Mae paid taxpayers $35.6 billion in dividends . We expect to remain profitable for the foreseeable future.
https://www.fanniemae.com/content/fact_sheet/...report.pdf
the year in which the fruits of four years of labor manifested in tremendous progress. We have taken actions to improve our
financial performance build a profitable new book of business
and reduce losses on our legacy book. In 2012 we reported $17.2 billion in net income the largest net income in the company’s
history. Our profits go back to taxpayers. Through March 31 2013 Fannie Mae paid taxpayers $35.6 billion in dividends . We expect to remain profitable for the foreseeable future.
https://www.fanniemae.com/content/fact_sheet/...report.pdf
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