Fannie Mae seeks $15 billion more in government aid
USA Today
11/05/09
Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps rising. The government-controlled company continued to see a dramatic surge of borrowers fall behind as the unemployment rate climbs. At the end of last month, about 4.7% of Fannie Mae’s borrowers had missed at least three payments. That’s nearly triple last year’s level...
http://tinyurl.com/ygfhkql
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=unemploy
11/05/09
Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps rising. The government-controlled company continued to see a dramatic surge of borrowers fall behind as the unemployment rate climbs. At the end of last month, about 4.7% of Fannie Mae’s borrowers had missed at least three payments. That’s nearly triple last year’s level...
http://tinyurl.com/ygfhkql
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=unemploy
rudkla - 6. Nov, 10:47
