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» Fannie, Freddie Continue to Carve Away at Retained Mortgage Investment Portfolios, Earn $6.7B in 3Q
Fannie, Freddie Continue to Carve Away at Retained Mortgage Investment Portfolios, Earn $6.7B in 3Q
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Fannie Mae and Freddie Mac reported $6.72 billion in net income during the third quarter, down 3.5 percent from the previous quarter. The government-sponsored enterprises have also been actively whittling down their retained portfolios.