Florida Real Estate

Nov. 2, 2005 - Fannie Mae

The Office of Federal Housing Enterprise Oversight ordered Fannie Mae to increase its capital reserve following an accounting scandal last year, and officials yesterday
said the mortgage giant has done just that, raising its reserve cushion against risk to
30 percent surplus capital.

Read the full story:  
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-11022005

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