US mortgage finance giant Fannie Mae posts 29 bln dlr loss (AFP)

Filed Under (Personal Finance) by on 10-11-2008

Fannie Mae headquarters in Washington, DC in mid July. Fannie Mae, the US mortgage finance giant bailed out by the government, reported a third-quarter loss of 28.99 billion dollars due to the slump in the real estate sector.(AFP/File/Karen Bleier)AFP - Fannie Mae, the US mortgage finance giant bailed out by the government, reported Monday a third-quarter loss of 28.99 billion dollars due to the slump in the real estate sector.

--- AFP ...

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