Fannie Mae Seeks $8.4 Bln In Aid

10 May 2010

The Federal Housing Finance Agency is seeking $8.4 billion from the Treasury, after Fannie Mae, which the FHFA oversees, recorded a quarter loss of $11.5 billion.

The Federal Housing Finance Agency is seeking $8.4 billion from the Treasury, after Fannie Mae, which the FHFA oversees, recorded a quarter loss of $11.5 billion. The request is on top of one for $10.6 billion the FHFA made on behalf of Freddie Mac, which lost $6.7 billion ...

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