Tag: government bailouts

Fannie Mae is Paying Dividends Almost Equal to Its Bailout

Buck Banks

$59.4 billion

Amount of a dividend Fannie Mae will pay to the U.S. Treasury, the company said Thursday after reporting a record first-quarter profit,” the Wall Street Journal reports.”Fannie’s expected payment will bring to $95 billion the amount of dividends it has paid to the Treasury, compared to $116.1 billion in aid it absorbed between 2008 and 2011.”