Reuters: Fannie Mae posts record $29 billion loss

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Fannie Mae posts record $29 billion loss
      

NEW YORK (Reuters) - Fannie Mae, the largest provider of funding for U.S. residential mortgages, on Monday said it lost a record $29 billion in the third quarter as the company wrote down a tax-related asset that has its buoyed capital.</p><div class="feedflare">
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