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

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

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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