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Fannie Mae may seek more aid; tax credit decision could cost $5.2B

USA Today - Mon Nov 9, 6:55 pm ET

Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.

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Fannie Mae tax credit decision could cost $5.2 bln
AP via Yahoo! News - Mon Nov 9, 5:52 pm ET
Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.
Treasury denies Fannie Mae tax credit plan
AP via Yahoo! Finance - Mon Nov 9, 2:35 pm ET
Government controlled mortgage provider Fannie Mae said Monday the U.S. Treasury has blocked its plans to sell more than $2.5 billion in low-income housing tax credits.
Fannie Mae Reviewing Treasury Decision on Credit Sale (Correct)
Bloomberg - Mon Nov 9, 10:56 am ET
(Corrects to indicate Treasury’s position on sale in first paragraph.) Nov. 9 (Bloomberg) -- Fannie Mae is evaluating whether it will have to write down the value of its low-income housing tax credits after the U.S. Treasury Department rejected a plan to sell them, the mortgage-finance company said today.
Stuyvesant Debt Hinges on Tenants, Politicians, LeFrak Says
Bloomberg - 2 hours 0 minutes ago
Nov. 10 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty , owners of Manhattan’s Stuyvesant Town-Peter Cooper Village, need the cooperation of tenants and politicians to restructure $3 billion of debt on the complex, real estate developer Richard LeFrak said.
Fannie Mae tax credit decision could cost $5.2 bln
Bay News 9 Tampa Bay - Mon Nov 9, 4:08 pm ET
Fannie Mae could need $5.2 billion in more aid after gov't thwarts tax credit sale plan
Treasury denies Fannie Mae tax credit plan
INO News - Mon Nov 9, 2:43 pm ET
(AP:WASHINGTON) Government controlled mortgage provider Fannie Mae said Monday the U.S. Treasury has blocked its plans to sell more than $5 billion in low-income housing tax credits.
Treasury denies Fannie Mae tax credit plan
INO News - Mon Nov 9, 2:41 pm ET
(AP:WASHINGTON) Government controlled mortgage provider Fannie Mae said Monday the U.S. Treasury has blocked its plans to sell more than $2.5 billion in low-income housing tax credits.
Treasury denies Fannie Mae tax credit plan
FOX 11 Tucson - Mon Nov 9, 2:34 pm ET
WASHINGTON (AP) — Government controlled mortgage provider Fannie Mae said Monday the U.S. Treasury has blocked its plans to sell more than $5 billion in low-income housing tax credits.
Fannie May Write Down $5.2 Billion in Tax Credits (Update3)
Bloomberg - Mon Nov 9, 4:29 pm ET
Nov. 9 (Bloomberg) -- Fannie Mae is reviewing whether it will have to write down $5.2 billion in low-income housing tax credits after the U.S. Treasury rejected its request to sell the investments, the mortgage-finance company said today.
Fannie May Write Down $5.2 Billion in Tax Credits (Update2)
Bloomberg - Mon Nov 9, 4:25 pm ET
Nov. 9 (Bloomberg) -- Fannie Mae is reviewing whether it will have to write down $5.2 billion in low-income housing tax credits after the U.S. Treasury rejected its request to sell the investments, the mortgage-finance company said today.
Fannie May Write Down $5.2 Billion in Tax Credits (Update2)
Bloomberg - Mon Nov 9, 3:44 pm ET
Nov. 9 (Bloomberg) -- Fannie Mae is reviewing whether it will have to write down $5.2 billion in low-income housing tax credits after the U.S. Treasury rejected its request to sell the investments, the mortgage-finance company said today.
Tax Credit Decision Could Cost $5.2 Billion
ABC News - Mon Nov 9, 2:56 pm ET
Fannie Mae could need $5.2 billion in more aid after gov't thwarts tax credit sale plan
Why The Pursuit Of Innovation Usually Fails
Forbes - Mon Nov 9, 6:51 pm ET
It's not what we're trained for as leaders or how our businesses are set up to work.
Why The Pursuit Of Innovation Usually Fails
Forbes - Mon Nov 9, 4:35 pm ET
It's not what we're trained for as leaders or how our businesses are set up to work.
Extended tax credit should spur home sales
Everett Herald - 58 minutes ago
There was a lot of news on the real estate front last week. You probably heard that President Barack Obama signed a bill extending and expanding the $8,000 tax credit for first-time homebuyers.