Wednesday, November 9, 2011

Fannie Mae bailed out again, taking $7.8 billion from U.S. Treasury

Fannie Mae, the biggest source of money for U.S. home loans, on Tuesday said it needed a further $7.8 billion in federal aid to stay afloat as a shaky housing market widened its third-quarter loss to $5.1 billion...  Read more:   The Raw Story