![]() ![]() ![]() The GSEs have returned $185.2 billion, which is counted as a return on the nearly 80% stakes the government holds, not as payment. aid since they were taken into conservatorship in 2008. The mortgage giants have taken $187.5 billion in U.S. Fannie Mae, Freddie Mac’s contributionĪccording to the Treasury Department report, Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) – Fannie Mae and Federal Home Loan Mortgage Corp (OTCBB:FMCC) – Freddie Mac. made payments to the Treasury totaling $34 billion more last month than they were a year earlier. Last year also witnessed the steepest calendar-year decline in the nation’s jobless rate with a 1.2 percentage-points drop to 6.7%. With strict control over expenditure, spending totaled $230 billion as against $270.7 billion record a year earlier. According to the Treasury Department, revenue increased to $283.2 billion last month from $269.5 billion in December 2012. Revenue exceeded spending by $53.2 billion last month against a $1.19 billion deficit recorded in December 2012.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |