Solid Fannie-Freddie earnings are a foundation for mortgage giants’ next act
February 14, 2019 at 10:05 AM EST
Fannie Mae and Freddie Mac, the government-sponsored enterprises that guarantee mortgages to provide liquidity to the housing finance system, both had strong earnings in the fourth quarter of 2018, and the artificial system that requires them to turn over their profits to Treasury may be coming to an end.