Fannie Mae Posts Loss Despite Business Boom
By Albert B. Crenshaw and David S. Hilzenrath
Washington Post Staff Writers
Wednesday, July 16, 2003; Page E01
Fannie Mae reported a big drop in second-quarter earnings due to changes
in the value of derivatives contracts, even though its business
Fannie Mae To Face Review
Oversight Agency Seeks Bigger Budget
By David S. Hilzenrath And Kathleen Day
Washington Post Staff Writers
Tuesday, July 15, 2003; Page E01
Federal regulators already investigating accounting errors at mortgage
lending giant Freddie Mac told Congress yesterday
By the way, I know about this mortgage modelling. This is how I
used to make my bread until a few years ago. Faniie Mae says
this:
Fannie Mae shares fell 18 percent in September
after the lender reported its duration gap, a
key measure of interest-rate risk, widened to minus
14 in August
