Fannie Mae Shows Net Loss –

Fannie Mae reported a first quarter net loss of $6.5 billion and will request an additional $6.2 billion from the government.  Fannie Mae reported net income of $73 million in the last quarter. 

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/SB10001424052748704810504576307551540613850.html?mod=WSJ_hpp_sections_realestate

Jim Sutliff