Fannie Mae will pay $2.8B to Treasury after profit

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Fannie Mae reports Q1 net income of $2.8B in Q1, and positive net worth of $3.4B.The GSE earned $5B in Q4. With this $2.8B payment, Fannie will have paid a total of $162.7B to Treasury. Draws have.

Fannie Mae said it will pay a dividend of $2.2 billion to the U.S. Treasury next month. With that payment, Fannie Mae will have paid a total $144.8 billion in dividends.

 · The Treasury has pumped nearly $188 billion into the companies. In return for that support, the government has received senior preferred shares of stock that pay a 10 percent dividend. Currently, Fannie and Freddie make dividend payments to the Treasury every quarter.

Freddie Mac says it will pay $2B to taxpayers – maybe Fannie Mae will pay $2.8B to Treasury after profit treasury secretary mnuchin confirms fannie mae & Freddie Mac. – Nope, in late 2012, Treasury amended the 10% cash dividend and decided to sweep the entire "net worth" each quarter starting Q1 of 2013, claiming it was to avoid a death.

Between Fannie and Freddie, U.S. taxpayers have now made more than $63 billion in profits, including the $185 billion bailout. Fannie Mae’s most recent dividend payment was $2.87 billion in.

The profit means Fannie, which has been under U.S. control since 2008, will send a $5.5 billion dividend payment to the Treasury in March, the Washington-based mortgage-finance giant said Friday. The company had net income of $5 billion in the fourth quarter, compared with $2.5 billion in the same period in 2015, according to a regulatory filing.

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NEW YORK ( TheStreet) — Fannie Mae ( FNMA) said it will pay the Treasury $8.6 billion in dividends after posting a profit for the seventh consecutive quarter. The bailed-out housing giant said net.

[WASHINGTON] Fannie Mae will make a US$919 million dividend payment to the US Treasury Department after reporting a first- quarter profit driven by fees for guaranteeing loans against default and credit-related income.

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 · Washington-based Fannie Mae will pay a dividend of $3.1 billion to the U.S. Treasury next month if the company’s federal regulator agrees. That payment would bring the total dividends paid by Fannie to $165.8 billion. Fannie received $116 billion from taxpayers when the financial crisis struck in September 2008.