Fannie’s Red Ink at Almost $17 Billion for 2011

Fannie Mae continued its money losing ways in the fourth quarter, posting a net loss of $2.4 billion for the period and $16.9 billion for the year. In 2010 it lost $14 billion.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_548/fannie-red-ink-2011-1029119-1.html

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