Industry News

New Fannie Mae accounting violations reportedly found

Mortgage giant's shares plunge after problems reported
Published on Sep 29, 2005

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by CareyBot

Shares in Fannie Mae plunged Wednesday after a report was issued saying regulators found new accounting violations at the mortgage giant, which is already under scrutiny for alleged bookkeeping irregularities. A spokeswoman for the Office of Federal Housing Enterprise Oversight, ...

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