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Thursday, May 8, 2008

Ripples

Pioneer Press Tue, 06 May 2008 20:22:26 -0600
Fannie Mae reports huge loss, see bigger home-price drop ahead

WASHINGTON â€" 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.

[[keywords: Housing;Metro;]]

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