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| Volume 25 - Number 19 | May 9, 2008 | | | |
Fannie Faces Higher Credit Losses, Loan Loss Reserves; Makes Key Business Changes, Including Jumbo Pricing
Fannie Mae reported some fairly mixed results for the first quarter this week, including higher credit losses and loan loss reserves, but experienced a smaller overall earnings hit compared to the fourth quarter. Credit-related expenses – credit losses plus...
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