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Fannie Mae earns $5.3B in 1Q; paying $5.7B to US

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WASHINGTON (AP) — Fannie Mae posted net income of $5.3 billion from January through March, its ninth straight profitable quarter, as the housing market continued to heal. Washington-based Fannie said Thursday it will pay a dividend of $5.7 billion to the U.S. Treasury next month. With its previous payments totaling about $121 billion, Fannie has more than fully repaid the $116 billion it...

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