Farmer Mac Doubles Net

Farmer Mac reported net income of $5 million in the second quarter, more than double the $2 million net profit recorded the same period last year, as it saw increased net interest income earned on a higher level of business volume plus releases from its allowance for loan losses.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_407/farmer-mac-doubles-net-1026067-1.html?CMP=OTC-RSS

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