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