Loss of $2.2 BILLION For Nation’s Mortgage Lender

Fannie Mae reported a net loss of $2.2 billion, or $2.57 per share, forthe first three months of 2008, vs. a profit of $961 million, or 85%per share, a year ago, on a 38.2% rise in revenue, to $3.78 billion. *To view the full post, please visit the San Diego California real estate blog