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Home : Home Mortgage Loan : MSN Newsfeeds : Fannie Mae loses $2.3B as defaults rise - AZCentral.com

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Fannie Mae loses $2.3B as defaults rise - AZCentral.com

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This article related to: Home Mortgage Loan

WASHINGTON - Fannie Mae swung to a second-quarter loss that was more than triple what Wall Street expected as conditions in the housing market continued to deteriorate, forcing the mortgage finance giant to make bold cutbacks that will send shock ...

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