fannie mae

Fannie Mae Blows Q1, Cuts DividendFannie Mae (FNM) joins the mortgage-gambling-loss parade in another spectacular demonstration of management incompetence. The largest mortgage lending company in the US reported a $2.19 billion ($2.57 per share) loss for Q1, …Untitled - http://www.clusterstock.com|||Bad News from Fannie Mae todayIt is not clear to me whether this includes new accounting [...]