Date: November 16th, 2005

The rumble of distant thunder

16 November, 2005 (10:40) | GSEs, Regulation and Reform |

After a very quiet fall for Fannie Mae, a recent Washington Post article reported a sound of distant thunder:
 
Fannie Mae Finds More Errors, Names New CFO
 
Fannie Mae yesterday disclosed additional accounting errors, adding to the list of problems the mortgage finance company must sort through as it tries to untangle a nearly $11 billion financial [...]