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Home » Store » Taxable » Fannie Restatement Likely as SEC Scrutinizes Books

Fannie Restatement Likely as SEC Scrutinizes Books

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The Securities and Exchange Commission could come out with an opinion about Fannie Mae’s accounting sooner rather than later, while the GSE itself an­nounced that it is holding back its quarterly earnings release as various regulatory probes continue. In a statement released late last week, Fannie officials said the firm would not publish its third-quarter results during its traditional timeframe, but that it still would “actively seek” to come up with third quarter earnings before…
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