WASHINGTON (dpa-AFX) - Fannie Mae (FNMA.OB) Tuesday reported net income of $4.32 billion for the first quarter, higher than $3.772 billion in the same quarter a year ago.
Revenue for the quarter increased to $7.095 billion from $6.849 billion last year.
Net interest income rose 3 percent year over year to $7.023 billion.
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