National Mortgage Agency of the U.S. Fannie Mae (the official name - the Federal National Mortgage Association) has requested the Ministry of Finance United States of $ 10.7 billion more to maintain the balance of assets and liabilities.
As reported in the media Fannie Mae, sent to the Securities and Exchange Commission (SEC), the deficit of its own capital at 30 June was estimated at 10.6 billion USD
To address this deficit the Federal Agency for Housing Mortgage Lending USA (FHFA), which since September 2008. manages the assets of Fannie Mae, requested the Ministry of Finance in addition to $ 10.7 billion
Fannie Mae is the third time appealed to the government line of credit. In February of this year American government has promised to give Fannie Mae up to 200 billion dollars of emergency funding. In late March, the mortgage broker has received 15.2 billion dollars under the government program, but at the end of June - a further 19 billion dollars Instead MOF acquires preference shares of U.S. agencies.
Net loss
Fannie Mae in the II quarter of 2009. amounted to 14.8 billion dollars or 2.67 dollars per share. And over the past two years, the total net losses Fannie Mae exceeded 100 billion U.S.
Fannie Mae and other national mortgage broker Freddie Mac owned or provided guarantees for almost 50% of all mortgages in the U.S. financial crisis and the growing non-payment mortgage bad impact on the financial status of both companies.
Recall, Freddie Mac in May requested an additional U.S. $ 6.1 billion federal aid. The request came after the publication of the financial report of the I quarter of 2009., Under which Freddie Mac was a net loss of $ 9.9 billion in addition to a net loss for 2008., Amounting to $ 50.1 billion
Over the past week planned power in Russia has decreased by 10%
RusGidro Convert GDRs issued under regulation S, in ADRs
Trading on the U.S. stock market ended the second day in a row in the negative area
Futures oil brand Brent traded around $ 74.5
Trading forex day Thursday at a lower interest in risky currencies
Kommersant: prices have reversed course
Kievgorstroy does not want to sell nedostroi at a cost of up to $ 500 per square. m
Russia and Turkey weave a network of pipes
After a decline in the early hours of the trading on the Russian sites may attempt to further growth