TheNewsRoom | Today's Big Losers: FNM, FRE, TNL, ME, ASFI

All of these words:

The exact phrase:

None of these words:

Categories

Date

Providers

Advanced Search

Learn More

Grab Networks has a huge collection of videos from over 300 news sources. Find in-depth news, embed it to your site, and build community!

About Us
Embedding
Getting Paid
Updates

Connect

The Gallery

Bookmark

Today's Big Losers: FNM, FRE, TNL, ME, ASFI

December 16, 2009

Fannie Mae (FNM) and Freddie Mac (FRE) are among Wednesday's big losers, each trading down more than 10%, after a report from The New York Post saying the companies may need more money from the US Treasury before year end, as defaults and foreclosures continue to put pressure on the companies. The government already owns about 80% of each company, as of September of last year.