Thank you for sharing!

Your article was successfully shared with the contacts you provided.
FHFA head Mel Watt reminds Congress, investors about the GSEs' limitations under conservatorship. FHFA head Mel Watt reminds Congress, investors about the GSEs’ limitations under conservatorship.

WASHINGTON, DC—Fannie Mae reported a $2.47 billion profit in the fourth quarter, compared to $1.31 billion in net income the same period a year ago. Perhaps most importantly, its Q4 profit is a sharp veer away from its $29 billion loss in Q3 of 2015.

Freddie Mac also had a good quarter, reporting net income of $2.2 billion, compared with $227 million in the same period the year before. It, too, reported a loss for the third quarter, of $475 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.