St Louis Mortgage and Real Estate News – St Louis Mortgage Refinancing and In-House Financing News: Fannie Mae Declares First Quarter Loss | St Louis Home Mortgage, Consumer Loans and Lending | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Customer Financing and Loan Reduction

Fannie Mae reported net loss of $8.7 billion in the first quarter, including a $2.2 billion dividend payment to the Treasury Department. The loss narrowed from $13 billion one year ago. Fannie said still falling home prices drove losses…
http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-loan-and-financing-fannie-mae-faces-more-losses