No need to worry about Fannie Mae Premium Content

Problems shouldn't overshadow vital mission

Fannie Mae, the nation's top source of financing for home mortgages, will likely survive the accounting problems, investigations, and regulatory actions that it now faces – and it must – say some industry sources. The government-sponsored entity is too important to the housing market to be dismantled or rebuilt, they say.

In the last week, Fannie Mae's stock has dropped 18 percent, equivalent to $16 billion in market capitalization. The U.S.

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