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Home » Store » News » Fannie Takes Another Beating in 4Q07, Losing $3.6 Billion; OFHEO to Lift GSE Portfolio Caps

Fannie Takes Another Beating in 4Q07, Losing $3.6 Billion; OFHEO to Lift GSE Portfolio Caps

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Fannie Mae announced a jumbo-sized $3.56 billion loss in the fourth quarter of 2007 but investors bid up its stock price on Wednesday after federal regulators announced a relatively cosmetic plan to lift portfolio growth restrictions for the government-sponsored...
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