10

Nov

US mortgage giant Fannie Mae posts $29 bln 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 ...

(1) Comment
Read More

Comments:

One Response to “US mortgage giant Fannie Mae posts $29 bln loss (AFP)”

  1. US mortgage giant Fannie Mae posts $29 bln loss (AFP) on 10 Nov 2008 at 11:05 am #

    [...] Read the rest of this great post here [...]

Leave a Reply

© Personal Finance
Wordpress Theme designed by DT Website Templates