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IPFS News Link • Housing

Fannie Mae: $11.5 billion loss, sees no profits for "indefinite future"

05-10-2010 • CalculatedRiskBlog.com

Fannie Mae reported that the rate of serious delinquencies - at least 90 days behind - for conventional loans in its single-family guarantee business increased to 5.59% in February, up from 5.52% in January - and up from 2.96% in February 2009.

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Reported By Jack Gregson

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1 Comments in Response to Fannie Mae: $11.5 billion loss, sees no profits for "indefinite future"

Comment by Powell Gammill

Entered on: 5/10/2010 6:35:39 AM

http://abcnews.go.com/Business/wireStory?id=10602660

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Fannie Mae: $11.5 billion loss, sees no profits for "indefinite future"

1 Comments in Response to Fannie Mae: $11.5 billion loss, sees no profits for "indefinite future"

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