Fannie Mae sees sharper home-price declines, loses $2.2B
(AP)
Source: Yahoo News Published May 6, 2008 @ 11:58am PDT
AP - The steeper slide in home prices is accelerating the pace of foreclosures, Fannie Mae said Tuesday as it outlined plans for shoring up its finances following a $2.2 billion first quarter loss. [full article]
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