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Home » Store » News » Credit Losses, Delinquencies, Nonperforming Loans Still Key as Fannie, Freddie Lose Another $18 Billion

Credit Losses, Delinquencies, Nonperforming Loans Still Key as Fannie, Freddie Lose Another $18 Billion

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Fannie Mae and Freddie Mac are seeing some hopeful signs of stabilization in the housing market, but their first quarter results suggest plenty of choppy water remains, as the two government-sponsored enterprises lost another $18.2 billion for the period.Credit losses continue to be a major factor. Fannie reported $5.1 billion in credit losses during the first quarter of...
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