Housing Recovery Continues as Fannie Mae Repays Bailout Money

With its 4th quarter dividend payment to the US Treasury Department, Fannie Mae will have repaid $114 billion of the $116.1 billion bailout.  This success is due to the housing market recovery.  Click on the link to read full article.

http://www.latimes.com/business/money/la-fi-mo-fannie-mae-earnings-profit-bailout-housing-20131107,0,2274897.story#axzz2k44LSnRd

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