)Fannie Mae (FNM) Reports Q3 Loss of $13.00
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)Fannie Mae (NYSE: FNM reports Q3 loss of $13.00, which does not compare to the analyst estimate of ($1.60). Revenue for the quarter was $4.059 billion, versus the consensus of $3.26 billion.
Fannie Mae provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States.
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