Mortgage Rates Home Loans Refinance Fannie Mae Swings To 2Q Loss As Credit Costs Rise; Cuts Dividend - CNN Money by Refinance Mortgage

by Refinance Mortgage @ Wed, 24 Sep 2008 07:00:14 -0600

The firm also slashed its dividend again from the last quarter, this time 86% to 5 ...Fannie Mae (FNM) swung to a second-quarter loss as the largest buyer of loans booked $5.35 billion in credit-costs from boosting loss provisions and charge-offs. The first logical place you might want to look for home mortgages is at the bank where you have your checking or savings account. However, this shouldn't be the only place you ought to look.