Fannie Mae reports a 7% increase in net income, bolstered by a robust guaranty business, while navigating multifamily market pressures and interest rate impacts.

"We delivered another strong quarter of reporting net income of $4 billion up 7% from the first quarter and 20% year-over-year with net revenues of $7.6 billion." (EVP, COO & Acting CEO Peter Akwaboah ...

The $259 million provision was primarily driven by weaker property valuations, slower net operating income growth and provision for loans that became seriously delinquent. We also recognized $157 ...

Fannie Mae posted a $4 billion profit in Q2 2026, up 7% from the previous quarter, as net revenue rose 4% to $7.6 billion.

WASHINGTON, July 27, 2026 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) plans to report its second quarter 2026 financial results on Wednesday morning, July 29, 2026, before the opening of U.S. financial ...

The 15th Association of Ghana Industries (AGI) awards will be used as a platform to offer solutions that can help transition ...

The High Court in Accra has dismissed an application filed by the Bono Regional Minister, Joseph Addae Akwaboah, seeking to ...

Economists and business leaders have urged the government to maintain fiscal discipline and safeguard the country's improving macroeconomic stability as it presents the 2026 Mid-Year Budget Review to ...

The organizers of Ghana Music Awards Europe (GMAEU) have officially announced the nominees for the 2026 edition, celebrating ...

Ghanaian highlife musician Akwaboah has shed light on his widely discussed post advising men to save GH¢8,000 monthly before ...

The Association of Ghana Industries (AGI) has raised concerns over a 48% increase in electricity costs faced by bulk ...

WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced Peter Akwaboah has been appointed Executive Vice President and Chief Operating Officer (COO), effective May 20, 2024.