13.11.2013 15:46:00
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Moody's: GSEs profitability continues to improve, but long-term reform uncertain
New York, November 13, 2013 -- Government-sponsored enterprises Fannie Mae and Freddie Mac will show strong profitability over the next few years as their asset quality continues to improve, says Moody's Investors Service in its new special comment "Fannie Mae and Freddie Mac: Ample Earnings, Long-term Reform Uncertain." The GSEs will continue to benefit from the improved housing market, and increased top-line growth in guarantee fee income.