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Loan Modification

: Mortgage Lender Implode-o-Meter

Home Fannie Posts $11.5bn Net Q1 Loss, Looks to Treasury for $8.4bn in Aid

By Implode-Explode Heavy Industries

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"Government-sponsored enterprise Fannie Mae (FNM: 1.03 0.00%) posted a Q110 net loss of $11.5bn, narrowed from the $15.2bn loss in the previous quartered as the adoption of new accounting standards led to a swelling of the balance sheet."

Full post as published by Mortgage Lender Implode-o-Meter on May 10, 2010 (boomark / email).

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