Saturday, February 22, 2014

7 Jaw-Dropping Numbers From the Fannie Mae Earnings Report

7 Jaw-Dropping Numbers From the Fannie Mae Earnings Report



1. $83,963,000,000
In 2013, Freddie Mac saw its net income hit $84 billion as a result of the success in its business, as well as the previously mentioned gains on its credit portfolio and a massive gain from the release of its valuation against its deferred tax asset. To put that into context, this total of $84 billion in net income was more than Wells Fargo (NYSE: WFC  ) , Bank of America (NYSE: BAC  ) , Citigroup (NYSE: C  ) , and JPMorgan Chase (NYSE: JPM  )combined:

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