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