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Boston Herald

Fannie and Freddie make $66.3 billion payment

July 1, 2013

WASHINGTON ? The U.S. government says it has received $66.3 billion in dividend payments from Fannie Mae and Freddie Mac, reflecting stronger earnings at the start of the year. The payments are a key reason the government expects its smallest budget deficit in five years.

Treasury officials say Fannie Mae on Friday paid $59.4 billion and Freddie Mac paid $7 billion.

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