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Federal National Mortgage Assn.: The home mortgage...

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From Times Staff and Wire reports

Federal National Mortgage Assn.: The home mortgage investment company known as Fannie Mae said net income for 1990 rose 45%, in part because of declining home foreclosures and loan losses, to $1.17 billion. Fourth-quarter earnings increased 30% to $308 million from the same period a year earlier.

Tables, D12

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