Tuesday, October 7, 2008

Fannie Mae Cancels Planned Increase in Adverse Market Delivery Charge

US mortgage finance company Fannie Mae plunges $2.3bn into the red as a result of housing market woes. Republicans stopped short of coming to Mr. Now Fannie Mae executives say they will sign over the property to the elderly woman and forgive her loan. Check it out at snopes.com: http://www.snopes.com/politics/obama/fanniemae.asp. None of the men mentioned in Mr. John McCain who three years ago warned the Senate about an out of control Fannie Mae. A Fannie Mae that needed more oversight. Mr. McCain also said that Mr. "I live a few blocks from the Fannie Mae building," writes John Lockwood of Northwest Washington. Fannie Mae said it would cancel the planned increase in its adverse market delivery charge.

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