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Fannie Mae Seeks $7.8 Billion in U.S. Aid After Reporting Loss

Fannie Mae headquarters stands in Washington, D.C. Photographer: Andrew Harrer/Bloomberg
Fannie Mae headquarters stands in Washington, D.C. Photographer: Andrew Harrer/Bloomberg

Nov. 8 (Bloomberg) -- Fannie Mae, the mortgage-finance company operating under U.S. conservatorship, will seek $7.8 billion in Treasury Department aid to balance its books after reporting a third-quarter loss.

The Washington-based company reported the results in a Securities and Exchange Commission filing today.

Link to Company News:{3688Z US <Equity> CN <GO>} Link to Company News:{FNMA US <Equity> CN <GO>}

To contact the reporter on this story: Gregory Mott in Washington at gmott1@bloomberg.net

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net

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