Fannie Mae may seek more aid; tax credit decision could cost $5.2B
USA Today - Mon Nov 9, 6:55 pm ETFannie 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 said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.
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.
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.
(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.
The Federal Housing Administration, which has played a crucial role supporting American home buyers after the collapse of the mortgage market, has burned through a huge cash reserve in less than a decade and could soon wind up with what amounts to an automatic taxpayer bailout if the agency's for...
Fannie Mae could need $5.2 billion in more aid after gov't thwarts tax credit sale plan
The Federal Housing Administration, which has played a crucial role supporting American home buyers after the collapse of the mortgage market, has burned through a huge cash reserve in less than a decade and could soon wind up with what amounts to an automatic taxpayer bailout if the agency's for...
(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.
(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.
The global hotel business is slumping, but that has not kept the industry from betting on Asia. Hardly a week goes by in the region without a hotel opening or announcement of expansion plans.
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.
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.
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.
The Administration's initial efforts to broker peace have hit a wall, highlighting tactical flaws - and even, perhaps, the idea that a two-state solution negotiated between the two sides has passed its sell-by date
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 Mae could need $5.2 billion in more aid after gov't thwarts tax credit sale plan