Net Loss of $6.5 Billion | Fannie Mae First-Quarter 2011 Results

Fannie Mae, the leading house mortgage lender in the United States, requested the government Friday for an additional 8.5 billion U.S. dollars in aid after seeing huge loss in the first quarter of 2011.

Full report below…



Fannie Mae First-Quarter 2011 Results

7 Responses to “Net Loss of $6.5 Billion | Fannie Mae First-Quarter 2011 Results”
  1. pamelag says:

    fannie and freedie are either in denial or they are in on it. i had written and called freddie many times. they just won’t get it. God Bless America. good Will prevail eventually

  2. And the back door bail out continues…….

  3. more and more lies says:

    well yeah keep foreclosing

  4. housemanrob says:

    The secret is that the TBTF banks have been using Fannie Mae as a landfill for their toxic mortgages,charging we taxpayers for their greedy SHIT!!

  5. l vent says:

    Way past time for the U.S. GOVERNMENT to make the criminal BANKSTERS/WALL STREET start paying for their giant PONZI SCHEME and all of the missing money they stole.

  6. myles says:

    If Fannie Mae wants to stop failing, they need to stop foreclosures, as foreclosures force down real estate prices. They could put a moratorium on Fannie Mae foreclosures, and even if they had to insure the investors, if they kept the real estate prices high by denying foreclosures, they would in the long run(which American business people just won’t understand) they would stablilize and eventually thrive. But they still want to maintain that backward attitude of hard pressed homeowners as “welfare queens.”

    • more and more lies says:

      why is it we know but our counties and cities act dub. like dunber and dumber. if foreclosures are bringing down our property values isnt it time to stop them. these are not cars but homes we can not sell to get out of our finacial mess. these homes people live in. whom buy food in the stores and kids go to school. we buy thingss for the home and pay sales tax, why contiue forlosures

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