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Record profit signals healthier Fannie Mae

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WASHINGTON (AP) -- Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter.

By MARCY GORDON

AP Business Writer

WASHINGTON (AP) -- Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter.

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