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US-FINANCE-MORTGAGE-HOUSING-EARNINGS-FILES
(FILES) - A combo file picture taken on August 8, 2011 shows the mortgage giants Freddie Mac office in McLean, Virginia and the Fannie Mae headquarters in Washington, DC. US government-controlled mortgage finance giants Fannie Mae and Freddie Mac reported on May 8, 2014 lower first-quarter profits, with Freddie warning that profits could continue to fall as home price gains slow. Fannie Mae said it had $5.3 billion in net income in the first three months of the year, down 91 percent from a year ago. The results included $4.1 billion in revenue from legal settlements. Freddie Mac had a smaller year-over-year profit dip of 53 percent in the first quarter to $4.0 billion. The company had $3.4 billion in after-tax legal settlements. AFP PHOTO/FILES
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Detalii fotografie |
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-, UNITED STATES |
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AFP / Mediafax Foto |
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8 Mai 2014 |
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4056 x 5171 (2.78 MB) |
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