Fannie Mae (FNMA)

[navycmdr]

Under the forthcoming agreement,

the companies would be allowed to retain about a year’s worth of profits,

or about $20 billion, Mark Calabria, the FHFA chief, said in an interview

after touring a senior center financed in part by the Federal Home Loan Bank

of Indianapolis. FHFA oversees Fannie, Freddie and the

Federal Home Loan Bank system.

“We’re still in the middle of negotiations with Treasury,

but I think we’re close,” Mr. Calabria said. “

I hope to have it done by the end of the month.”