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Re: Stockman1010101 post# 74708

Monday, 06/24/2013 11:22:28 PM

Monday, June 24, 2013 11:22:28 PM

Post# of 795629

Fannie will pay a dividend of $59.4 billion to the U.S. Treasury next month. Once that's paid, Fannie will have repaid $95 billion of the roughly $116 billion it received.

Freddie is also profitable again. It reported Wednesday that it earned $4.6 billion in the first quarter and will pay a dividend of $7 billion to the Treasury next month. Once that's collected, it will have paid back roughly $37 billion of the $71.3 billion it received