Fannie Mae will draw more than $15bn (£10.6bn) of assistance from the US Treasury after a sixth consecutive quarterly loss – of $25.2bn (£17.8bn) in the fourth quarter – drove its net worth below zero
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts