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Loan Modification

: The Truth About Mortgage.com

Select Takeaways from the Fannie Mae Earnings Release

By scot184

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Mortgage financer Fannie Mae reported a first quarter net loss of $23.2 billion last week, compared with a loss of $25.2 billion in the fourth quarter and $2.2 billion a year ago. As a result, the government-sponsored entity has requested another $19 billion in capital from the Treasury to eliminate its net worth deficit; Fannie received [...]

Full post as published by The Truth About Mortgage.com on May 11, 2009 (boomark / email).

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