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Real Estate & Property Law

: Housing Wire

Fannie Mae Losses May Exceed $200Bn: BarCap

By DIANA GOLOBAY

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Eventual losses at mortgage giant Fannie Mae (FNM: 1.04 +13.04%) could exceed $200bn, posing a risk of receivership after year-end when limitations on the Treasury Department’s authority to support the agencies return, according to research Friday by Barclays Capital (BarCap). Once the added authority expires, the Treasury will no longer be able to increase the size [...]

Full post as published by Housing Wire on December 11, 2009 (boomark / email).

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