Fannie Mae profits grow to $4.3B in Q1 2024Fannie 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.
Financial results worsened for IMBs in 2023: MBA - HousingWireIMBs faced record losses in 2023 on mortgage production, driven by increased costs and challenging market conditions.