Fannie Mae Seeks an Additional $8.5 Billion in Federal Aid…
And the U.S. taxpayers get bent over yet again. WASHINGTON (AP) — Fannie Mae asked the government Friday for an additional $8.5 billion in aid after declining home prices caused more defaults on loans guaranteed by the mortgage giant. The company said it lost $8.7 billion in the first three months of the year. Those … Continue reading Fannie Mae Seeks an Additional $8.5 Billion in Federal Aid…
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