Industry News

Alleged new accounting problems won’t shake Fannie’s core business

Top Fed official says there's no solvency issue
Published on Oct 5, 2005

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by CareyBot

Fannie Mae’s alleged new accounting problems won’t shake its core business, a top Federal Reserve official said Tuesday, according to media accounts. “I don’t see anything in these reports that suggests a solvency issue,” St. Louis Federal Reserve Bank President ...