X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-Mortgage firm Fannie Mae has reported a loss of $3.13 billion in the second quarter of 2010 and has requested for more federal aid worth $1.5 billion. This will be Fannie’s 12th consecutive quarterly loss including dividend payments of $1.9 billion to the Treasury Department.

Fannie Mae and Freddie Mac were weighed down by sub-prime loans and collapsed in 2008. Fannie Mae has bagged a total of $86.1 billion in federal aid including this fresh request of $1.5 billion. For the full story, go to Kansas Business Journals.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. Apartments 2020Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.