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Re: kingu1ysnmbr1 post# 219221

Thursday, 05/22/2014 11:57:34 AM

Thursday, May 22, 2014 11:57:34 AM

Post# of 796541
yes 4.1 billion dollars from settlement FNMA's q1 financials the worst one since 2012

Fannie Mae reported net income o$5.3 billion, the company’s ninth consecutive quarterly profit, and comprehensive income of $5.7 billion for the first quarter of 2014

Fannie Mae’s financial results for the first quarter of 2014 included $4.1 billion in revenue from legal settlements relating to private-label securities lawsuits.

http://www.fanniemae.com/resources/file/ir/pdf/quarterly-annual-results/2014/q12014_release.pdf

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