Wednesday, February 08, 2012

 
 
 

 
 
 
 
 
Fannie Mae disaster continues... asking for fresh $15 billion
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Friday, November 06, 2009
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From 24/7 Wall Street:

Fannie Mae (NYSE:FNM) recorded a net loss of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss attributable to common stockholders was $19.8 billion, or $3.47 per diluted share.

...The company’s 10-Q said that its serious delinquency rate was 4.72% in the quarter compared to 1.72% in the period a year ago.

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