Welcome to Nationwide Management Services, Inc.
Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
Both of the government sponsored enterprises (GSEs) posted strong earnings in the third quarter of the year. Freddie Mac announced comprehensive income of $1.8 billion while Fannie Mae's was $4.0 billion. Freddie Mac said its income was essentially unchanged from Q2 but lower than the $2.56 billion reported in the third quarter of 2018. The company had $2.79 billion in net revenue, $2.41 of which was interest income. This was down from $2.93 billion and $3.36 billion in the previous quarter and 3.55 billion and $3.26 billion a year earlier. Market-related losses were $0.3 billion, driven by a $0.4 billion loss from net interest rate impacts resulting from declining long-term interest rates. These losses were partially offset by a $0.1 billion gain from market spread impacts. Gains from sales