Fannie Mae and Freddie Mac are currently owned by the U.S. government after needing a substantial financial bailout back in 2008. But these days theyre making money. Quite a lot of money, in fact, and as a result theyre paying huge dividends. Just yesterday, Freddie Mac sent $4.4 billion to the Treasury.
- Treasury sued over Fannie, Freddie repayment terms (bizjournals.com)
- Freddie Mac earns $5 billion in second quarter (boston.com)