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Advances Down, Modifications, Provisions Up at Fannie Mae

Authors :
Berry, Kate
Source :
American Banker. May 11, 2009, Vol. 174 Issue 89, 6
Publication Year :
2009

Abstract

Fannie Mae pulled back from offering unsecured advances to delinquent homeowners and significantly increased loan modifications in the first quarter, but it also provisioned heavily for credit losses. In a [...]

Details

Language :
English
ISSN :
00027561
Volume :
174
Issue :
89
Database :
Gale General OneFile
Journal :
American Banker
Publication Type :
Periodical
Accession number :
edsgcl.199420440