Freddie to Request Further Handouts
Freddie Mac said it didn't need any additional federal aid for the second straight quarter as it reported a loss of $6.3 billion for the third quarter on Friday. But the company said it expected to ask for more handouts from the U.S. Treasury in the future as rising unemployment and falling home prices...
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Fannie Mae, "request the assistance of 15 billion dollars from the U.S....
By: mohammedd
Fannie Mae Foundation announced the U.S. giant mortgage finance plan to seek new financial support from the federal government U.S. $ 15 billion after it continued losses for the ninth consecutive quarter. Fannie Mae reported that its losses during the third quarter of this year hit 18.9 billion dollars against a loss of $ 14.8 billion dollars ...
18 days ago
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- News Source: Inquirer.net | 18 days agoUS mortgage finance giant Freddie Mac said Friday it lost $6.3 billion for shareholders in the third quarter but would not seek any additional bailout funds from the government. The firm, which was seized by the government and placed into...
- News Source: Asian Wall Street Journal | 18 days agoFreddie Mac said it didn't need any additional federal aid for the second straight quarter as it reported a loss of $6.3 billion for the third quarter on Friday. But the company said it expected to ask for more handouts from the U.S. Treasury in the...
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Image Source: www.marketoracle.co.ukAt Fannie Mae and Freddie Mac, ...Image Source: www.marketoracle.co.ukAt Fannie Mae and Freddie Mac, ... -
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Video Source: www.truveo.com - Video Source: www.truveo.comEconomic Expectations: ...Video Source: www.truveo.comEconomic Expectations: Conditions Will Get Worse Before Improving
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