Fannie Posts Q4 Losses, but Remains Optimistic

On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was nearly $10 billion down from 2016. By the end of Q4, Fannie posted a drop of $3.7 billion in overall net worth and a …

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Source: DS News

2018-02-14T11:45:58-06:00