More Big Losses Expected From Fannie, Freddie

May 4, 2008

Fannie Mae and Freddie Mac, reeling from the deterioration in the housing market, will likely post steep losses for the first quarter, but the two largest home funding companies are expected to escape previous record losses.

*For more on this story,

read the full Reuters article.

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STEC Jumps on Results, Outlook

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More Big Losses Expected From Fannie, Freddie

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