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Volume 18 - Number 23

November 9, 2018

Downloads Available: GSE Earnings: 2007-3Q18


GSEs Report $6.7 Billion Combined Profits, Attract More CRT Investors

Fannie Mae and Freddie Mac posted a combined net profit of $6.72 billion for the third quarter while continuing to expand their credit-risk transfer programs. GSE earnings as a whole were down slightly from the $6.96 billion in the previous quarter, but that can be primarily attributed to Fannieís 10.0 percent drop from the second quarter to $4.01 billion. Fannieís new chief financial officer, Celeste Brown, said the decrease was due to lower credit-related income ... [Includes one data chart]

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