Fannie Mae Reports Big Loss, Will Raise Capital 06May08 Mortgage financier Fannie Mae reported a first quarter loss of $2.2 billion, significantly wider than the $2.02 billion loss expected by analysts polled by Reuters, but lower than the company’s $3.6 billion fourth quarter loss. A year earlier, the company reported net income of $961 million, or $0.85 per share. The loss was attributed to $4.4 billion in mark-to-market fair value losses, up from $3.4 billion in the fourth quarte

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