Articles About U.S. Treasury Department
- Author:
- James I. Clark III
- Posted:
- 03.21.2012
Fannie Mae Asks Uncle Sam For More Money
In an attempt to dig itself out of a deepening hole, Fannie Mae has requested $4.6 billion in additional federal aid. “We think that we have reserved for and recognized substantially all of the credit losses associated with the legacy book,” Chief Financial Officer Susan McFarland said. “We’re very focused on returning to profitability so […]