[IMG]http://www.bloomberg.com/apps/data?pid=avimage&iid=ilK3dP_WvTfg[/IMG] [QUOTE] Feb. 27 (Bloomberg) -- Fannie Mae will seek $15.3 billion in U.S. aid, bringing the total owed under a government lifeline to $76.2 billion, after its 10th consecutive quarterly loss. The mortgage-finance company posted a fourth-quarter net loss of $16.3 billion, or $2.87 a share, Washington-based Fannie Mae said in a filing yesterday with the Securities and Exchange Commission. Fannie Mae, which owns or guarantees about 28 percent of the $11.8 trillion U.S. home-loan market, has been hobbled by a three-year housing slump that wiped 28 percent from home values nationwide and led to record foreclosures. The company, which posted $120.5 billion in losses over the previous nine quarters, and rival Freddie Mac were seized by regulators in September 2008. [/QUOTE] [url=http://www.bloomberg.com/apps/news?pid=20601087&sid=alet_UTqF04M]Fannie Taps Treasury for $15.3 Billion More After a 10th Loss - Bloomberg.com[/url]
