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Real Estate & Property Law

: Housing Wire

Fannie Mae to Request Treasury Funds

By KELLY CURRAN

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Fannie Mae (FNM: 0.6183 -3.39%) reported Tuesday in a filing with the Securities and Exchange Commission that it expects the Federal Housing Finance Agency, acting as conservator of Fannie Mae, to soon request funds from the Treasury Department under the $100 billion senior preferred stock purchase agreement. Under the agreement, active as of September, the [...]

Full post as published by Housing Wire on January 27, 2009 (boomark / email).

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