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Fannie Mae Posts $15.2 Billion Loss, Seeks $10.7 Billion In Gov’t Aid

Posted by FineTunedFinances 1021 days ago (http://www.americanbankingnews.com)
Category: Economy | Tags: economy fannie mae recession
Fannie Mae announced plans Thursday to access another $10.7 billion in government aid. The move follows a second quarter earnings report that showed the mortgage giant lost $15.2 billion during the period.
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