Housing picture worsens as Fannie sees price drop
(AP)
<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.37a8345232ef47f788be464aaaefdb2e.economy_caer102.jpg?x=130&y=87&q=85&sig=JnAuEjwFKw8eflW6eKcZjw--" align="left" height="87" width="130" alt="A home advertised as 'Priced to Sell' is shown in Vallejo, Calif., Tuesday, May 6, 2008. (AP Photo/Eric Risberg)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/economy)AP - The outlook for the housing market darkened further Tuesday as the nation's largest buyer of home mortgages said it racked up more than $2 billion in quarterly losses and forecast a steeper drop in home prices this year.</p><br clear="all"/>
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