The Federal National Mortgage Association (a.k.a. “Fannie Mae”) the largest source of money for us home loans, reports a 3,550,000,000 “dollar” loss for the last three months of 2007.  This is three times what had been expected.

       [restored 3/15/2024]

Subsequent Events:

References:

CHRONOLOGY: us financial crisis
www.monstersandcritics.com/news/business/news/article_1434735.php/CHRONOLOGY_US_financial_crisis

http://www.fanniemae.com/ir/pdf/annualreport/2015/2015_annual_report.pdf
www.fanniemae.com/ir/pdf/annualreport/2015/2015_annual_report.pdf

 

 

 

 

 

Current U.s. National Debt:

$36,167,124,467,492

Source