Fannie Mae needs another $15 billion in emergency capital

Published



Between yesterday’s Ft. Hood shooting and the unemployment news, this story is bound to get lost in the shuffle. But it shouldn’t:

Fannie Mae, the mortgage buyer seized by regulators, plans to tap emergency U.S. capital for a fourth time this year, bringing its draws of taxpayer money to $60 billion as the company sees no immediate end to its losses.

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