Fannie, Freddie to Retain Earnings

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Fannie, Freddie to Retain Earnings
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Fannie Mae and Freddie Mac will start keeping their earnings under an agreement between the Treasury Department and the companies’ federal regulator

The move, announced Monday between the Treasury Department and the companies’ federal regulator, suspends a yearslong arrangement in which the companies

handed nearly all of their profits to the Treasury. Under the agreement, Fannie Mae will be allowed to retain $25 billion and Freddie Mac will be able to...

 

No way! That's taxpayers money! Those are government owned businesses!

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