Mortgage finance giant Fannie Mae said it would ask for an additional $5.1 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.The largest U.S. residential mortgage funds provider on Friday also reported a second-quarter net loss attributable to common shareholders of $5.2 billion, or 90 cents per share.Including the latest funding request, Fannie Mae has needed $104 billion in government capital injections since the U.S. Treasury seized control of it in 2008 during the financial crisis. Fannie Mae has paid back $14.7 billion in dividends.
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Chess – Throw me a bone,one positive story
lol i’ll try
let me get this straight…Fannie has pd $14B in divvies and comes back hat in hand for ANOTHER $5B?? FUCK them. Let them fail.
ask barney, rahm ,and dodd what they did with the coin.those three,along with,”i can fuck anything up” Valerie Jarret and her boss, can dangle at the end of a rope. fucking grade AAAAA#1 mallaprop’s.