Fannie Continued to Hemorrhage Red Ink in 2Q

Fannie Mae posted a net loss of $5.2 billion in the second quarter and Friday morning requested that the Treasury Department provide it with $5.1 billion of additional funds to keep its capital position in the black.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_404/fannie-hemorrhage-red-ink-2q-1026001-1.html

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