WASHINGTON (AP) -- Fannie Mae is reporting net income of $3.7 billion from April through June as the housing market continued to recover.<br />
Though the government-controlled mortgage giant reported its 10th straight profitable quarter Thursday, the second-quarter profit was down 63 percent from $10.1 billion a year earlier.<br />
Washington-based Fannie also said it will pay a dividend of $3.7 billion to the U.S. Treasury next month. With its previous payments totaling $126.7 billion, Fannie has more than fully repaid the $116 billion it received from taxpayers.<br />
The government rescued Fannie and smaller sibling Freddie Mac at the height of the financial crisis.
A Georgia Ku Klux Klan group says it will move forward with its application for a highway cleanup program in northeast Georgia after a judge ruled the state's denial violated the organization's right to free speech.
A coalition of voting rights groups on Friday sued a federal elections official who decided that residents of Alabama, Kansas and Georgia can no longer register to vote using a national form without providing proof of U.S. citizenship.
The United States and Cuba will sign an agreement next week to resume commercial air traffic for the first time in five decades, starting the clock on dozens of new flights operating daily by next fall, U.S. officials said Friday.
The southern portion of Forsyth County will be home to a new station for the Forsyth County Fire Department, designed to improve service and reduce response times in a densely populated area of the county.