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Home » Store » Taxable » Wall Street Opinions Finally Go Against Fannie Mae

Wall Street Opinions Finally Go Against Fannie Mae

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After weathering the storm of GSE difficulties for more than two years with a generally positive outlook, Wall Street researchers turned negative on Fannie Mae after the firm announced last week that its restatement effort would take longer and cost more than most people expected. Fannie officials said that they would not be able to release their financial results for 2004 until the second half of 2006, and revealed that the clean-up costs would amount…
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