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.
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.
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.
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.