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Fannie Mae posts record $17.2 billion profit in 2012

The Christian Science Monitor

03 Apr 2013 at 01:44 ET                   

Fannie Mae earned $17.2 billion in 2012, the biggest annual profit in the US mortgage giant’s history, helped by a record fourth quarter. (Manuel Balce Ceneta/AP/File) The mortgage giant Fannie Mae said it racked up its highest profit ever during…

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