Fannie Mae, the nation's largest purchaser of home
Earnings per share, at 69 cents, were in line with analysts' estimates.
First-half net income was $1.49 billion, up 12.5%.
"Selective repurchases of common shares provided an additional element
The company bought back 11.7 million shares of common stock in the
Fannie Mae was holding $297 billion of loans at midyear, 2.1% more than