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Fannie Mae Lost $23.2 Billion Due to Foclosure Homes in the first quarter of 2009

Posted by repa 194 days ago, popular 193 days ago (http://www.realestateproarticles.com)
Category: Economy | Tags: fannie mae foreclosure housing mortgage
Fannie Mae lost $23.2 billion due to large numbers of foreclosure homes that it had guaranteed. It has asked for billions more in funding from the U.S. Treasury.
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