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Home » Store » News » Criticism Could Lead to New Disclosures at Fannie

Criticism Could Lead to New Disclosures at Fannie

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Fannie Mae might revise the way it handles quarterly financial reports after being pressed by Capitol Hill to turn over its quarterly fair value statement for the past three years. Sen. Chuck Hagel, R-NE, asked Fannie officials to provide him with this information in a written follow-up to testimony offered in September by Fannie Mae Chairman and CEO Franklin Raines. Raines did not provide any quarterly figures, and instead informed the senator that such
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