Despite a big uptick in acquisition volume, Fannie Mae income stays relatively flat in Q2
Fannie Mae recorded $4.5 billion net income in Q2 2024, despite modest net income increase from Q1 and an increase in single-family mortgage purchases.
Fannie Mae profits grow to $4.3B in Q1 2024
Fannie Mae reported $4.3 billion in net income in the first quarter, citing growth in net worth, driven by fair value gains and benefit for credit losses, amidst challenges in the housing market.
Despite a big uptick in acquisition volume, Fannie Mae income stays relatively flat in Q2
Fannie Mae recorded $4.5 billion net income in Q2 2024, despite modest net income increase from Q1 and an increase in single-family mortgage purchases.
Fannie Mae profits grow to $4.3B in Q1 2024
Fannie Mae reported $4.3 billion in net income in the first quarter, citing growth in net worth, driven by fair value gains and benefit for credit losses, amidst challenges in the housing market.
Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements | CBC News
Net income of Loblaw Cos. Ltd. fell 10% in Q2 due to class action lawsuit charges and missed revenue expectations, while discount banners like No Frills saw food sales growth.
Amazon services outpace retail growth in Q1
Amazon's non-retail services are outpacing retail sales, with a significant increase in net income driven by AWS and advertising services.
Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements | CBC News
Net income of Loblaw Cos. Ltd. fell 10% in Q2 due to class action lawsuit charges and missed revenue expectations, while discount banners like No Frills saw food sales growth.
Amazon services outpace retail growth in Q1
Amazon's non-retail services are outpacing retail sales, with a significant increase in net income driven by AWS and advertising services.