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Home : Home Mortgage Loan : MSN Newsfeeds : Fannie Mae loses $2.3B in quarter as defaults rise - Forbes

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Fannie Mae loses $2.3B in quarter as defaults rise - Forbes

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This article related to: Home Mortgage Loan

Fannie Mae is making bold cutbacks that will send shock waves through the mortgage market, after posting a quarterly loss Friday that was three-times larger than Wall Street expected. To slow its financial decline, the mortgage finance giant slashed ...

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