Fannie loses $1.4B in 3Q, warns on ‘08 (AP)

AP - Fannie Mae’s third-quarter loss more than doubled to $1.4 billion, the mortgage finance company said Friday, while forecasting industry troubles through 2008 because of mounting home loan delinquencies.
Related PostsEx-Abbey boss swoops on ailing Northern Rock: papers
(Reuters)Reuters - Luqman Arnold, the former head of
British banking group Abbey, has assembled a team and is…Private mortgage insurers dragged down
(AP)AP - As the housing market crumbles, homeowners are worried about mortgage payments and sellers are …Banks warn subprime will impact 4Q
(AP)AP - Several of the nation’s leading banks warned Friday the subprime lending crisis will cont…Ex-Prudential Executive Settles S.E.C. ComplaintOffice Depot posts lower quarterly profit
(Reuters)

Leave a Reply

You must be logged in to post a comment.