Fannie Mae reported Thursday it posted a comprehensive income of $3.4 billion in the second quarter of 2019, according to the company’s quarterly earnings report. The second quarter’s income is up from the first quarter’s $2.4 billion, but also sits below the second quarter of 2018 when Fannie saw a comprehensive income of $4.5 billion. Notably, through its purchases and guarantees of mortgages, Fannie Mae financed 1.2 million home purchases, refinancings or rental units this quarter.
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