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AUG 07, 2014 - Associated Press

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Fannie, Freddie post profits in 2Q; pay dividends

WASHINGTON (AP) — Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them to fully repay their government aid after being rescued during the financial crisis in 2008.

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