Date: February 25th, 2005

More bad news for Fannie Mae

25 February, 2005 (01:55) | Uncategorized |

They haven’t got to the bottom of the accounting/ reporting questions:
 
Fannie Mae said yesterday that its federal regulator has raised new accounting and internal control questions that could further damage the mortgage finance company’s financial results and capital position.
 
In a lengthy release that also described company plans to slash its congressional lobbying budget and […]