Advertisement

Federal National Mortgage Assn.: The government-chartered provider...

Share via

Federal National Mortgage Assn.: The government-chartered provider of home mortgages said second-quarter earnings rose 14% as its investments and mortgage-backed securities business gained. The Washington-based company known as Fannie Mae earned $331.5 million during the period, with interest income totaling $437.4 million, up 11% from the year-ago period.

Advertisement