Fannie Mae
Company
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Fannie Mae posts $18.9 billion Q3 loss, taps Treasury (Reuters)Fannie Mae posts $18.9 billion Q3 loss, taps Treasury (Reuters) Fannie Mae posts $18.9 billion Q3 loss, taps Treasury Reuters - A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at … By Al... In this article: Fannie Mae, Federal Housing Finance Agency, Barack Obama, NEW YORK, U.S., Unemployment, Barclays Capital, Reuters, and Freddie Mac |
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Yahoo! News | November 01, 2009
Goldman in talks to buy Fannie tax credits: report (Reuters)
Goldman in talks to buy Fannie tax credits: report (Reuters) Goldman in talks to buy Fannie tax credits: report Reuters - A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at … NEW YORK...
In this article: Federal Housing Finance Agency and U.S. Treasury
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Yahoo! News | November 03, 2009
Buffett joins Goldman bid for Fannie Mae tax credits (Reuters)
Buffett joins Goldman bid for Fannie Mae tax credits (Reuters) Buffett joins Goldman bid for Fannie Mae tax credits NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa. N) has joined Goldman Sachs Group Inc (GS.N) in a bid to...
In this article: Berkshire Hathaway Inc, Treasury Department, Freddie Mac, and Goldman Sachs Group Inc
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CNN | November 06, 2009
Fannie posts $19 billion loss on bad loans
...and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug a hole in its net worth. Fannie Mae (FNM, Fortune 500), seized by the government last year, said the quarterly...
In this article: Barack Obama, Federal Housing Finance Agency, NEW YORK, U.S., Unemployment, Barclays Capital, Freddie Mac, and Federal Reserve
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washingtonpost.com | 4 days ago
Local Digest
...increasingly difficult to maintain. Reuters Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days. During that period, Fannie Mae will consider bids...
In this article: General Dynamics Corp., McCormick & Co., Lockheed Martin, Pentagon, Bethesda, and Unemployment
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en.wikipedia.org
Fannie Mae - Wikipedia, the free encyclopedia
(Redirected from Fannie mae) Jump to: navigation, search ... Further information: Federal takeover of Fannie Mae and Freddie Mac ...
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www.reuters.com
Fannie Mae chief sees no mortgage recovery until 2010 | Reuters
BALTIMORE (Reuters) - The chief executive of Fannie Mae <FNM.N> said on Tuesday ... About Thomson Reuters. Fannie Mae chief sees no mortgage recovery until 2010 ...
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www.reuters.com
Obama to tap Fannie Mae CEO to head TARP: source | U.S. | Reuters
NEW YORK (Reuters) - The Obama administration is expected to name Fannie Mae Chief Executive Herb Allison to head the U.S. government's $700 billion financial rescue ...
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finance.yahoo.com
FNM: Summary for FANNIE MAE- Yahoo! Finance
Get detailed information on FANNIE MAE (FNM) including quote performance, Real ... UPDATE - Fannie Mae cuts portfolio, delinquencies jump at Reuters(Tue 5:26pm) ...
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caps.fool.com
FNM Stock Quote | Fannie Mae Research
Fannie Mae tightens guidelines for MBS loan buyouts November 25, 2009 – Reuters ... UPDATE 1-Fannie Mae cuts portfolio, delinquencies jump November 24, 2009 – Reuters ...
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Description from Wikipedia:
The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression. The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
On September 7, 2008, James Lockhart, director of the Federal Housing Finance Agency (FHFA), announced that Fannie Mae and Freddie Mac were being placed into conservatorship of the FHFA. The action is "one of the most sweeping government interventions in private financial markets in decades". , Fannie Mae and the Federal Home Loan Mortgage Corporation (Freddie Mac) owned or guaranteed about half of the U.S.'s $12 trillion mortgage market.
- Name:
- Federal National Mortgage Association (Fannie Mae)
- Type:
- Government-sponsored enterprise & Public company
- Location City:
- Washington, D.C.
- Founded:
- 1938
- Stock Symbol:
- FNM
- Key People:
- Mike Williams, CEO
- Revenue:
- US$ $51.7 billion for 2008
- Operating Income:
- US$ −5.1 billion for 2007
- Net Income:
- US$ −2.0 billion for 2007
- Assets:
- US$ 882.5 billion for 2007
- Equity:
- US$ 44.0 billion for 2007
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