UPDATE 1-Fannie Mae net income falls, seen paying $3.4 bln to U.S. Treasury
August 01, 2019 at 08:53 AM EDT
Fannie Mae's net income fell in the second quarter from a year-ago due to losses on its derivatives, while it is expected to pay $3.4 billion in dividends to the U.S. Treasury, the No. 1 U.S. mortgage financing agency said on Thursday.
