Friday, February 17, 2017

Fannie Mae 4Q 2016 Earnings On Fire

Just like Freddie Mac yesterday, Fannie Mae today reported blowout Earnings for the 4Q 2016.

Fannie Mae's 4Q 2016 Earnings were $5.035 Bil, up 104% from its 4Q 2015 Earnings of $2.467 Bil.

It's great to see these blowout Earnings in the last quarter of the Obama Administration.

Also, US taxpayers should thank prescient US Fed Chair Janet Yellen.