Fannie’s Losses Narrow to $1.2B, with Taxpayers on the Hook for Less
By: Carrie Bay Fannie Mae’s second-quarter losses narrowed considerably from the demoralizing financials of the past several years that found the nation’s largest mortgage financier underwater itself in a sea of red ink. The GSE reported late Thursday that it lost $1.2 billion during the second quarter of 2010, compared to a net loss of … Continue reading Fannie’s Losses Narrow to $1.2B, with Taxpayers on the Hook for Less
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