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- US Will Borrow Less as Banks Pay Back Funds: Geithner
- US Mortgage Refinancing Up; Buying Demand Sinks
- Unemployment to Rise for 10-11 More Months: IMF Chief
- Rising Jobless Biggest Threat to World Trade: WTO
- Gold Hits $1,122, Barrick Chief Says Selloff Possible
- Wall Street Pay Is Often too High: Bill Gates
- Morgan Stanley Gets Aggressive in Luring Brokers
- Foreclosures Fall Again But Improvement Likely Fleeting
- Highest State Foreclosure Rates
- What to Expect From Disney Earnings?
- HP's Shot Across Cisco's Bow
- USC Football Blog Leads All-Access Space
- Clowning Around At Work
- Ahead of Earnings Disney Restructures Studio
- Nov. 11: Unusual Volume Leaders
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Intimate Apparel Sales Heating Up: Maidenform CEO
- A Day On The USS Harry S. Truman
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- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- How the Droid and Google Threaten the GPS Makers
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- CNN Anchor Lou Dobbs Says He is Leaving Network
- Obama Most Powerful Person in World: Forbes
- Shopping for Answers
- Rising Jobless Biggest Threat to World Trade: WTO
- HPQ to Acquire 3Com
- Wal-Mart Profit Tops View, Raises Guidance
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Lockhart: Fannie to Use Fresh Capital 'Profitably'
Topics:Mortgages | Housing | Real Estate | Consumers
Companies:Fannie Mae
Financial markets expect Fannie Mae, the biggest provider of funding for U.S. home loans, can reverse losses by applying $6 billion in fresh capital toward profitable investments, the company's federal regulator told CNBC on Wednesday.
Fannie Mae [FNM
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"I think the marketplace thinks the money will be put forth profitably," James Lockhart, director of the Office of Federal Housing Enterprise Oversight, said in the CNBC interview.
Copyright 2009 Reuters. Click for restrictions.
- Billboard allows music lovers to watch concerts for free online, choosing from five different camera angles as they watch.
- US real estate prices have fallen dramatically, but some places are still doing well. See the best-performing zip codes this year.
- An Italian cashmere maker aims to make profits while creating ideal conditions for his workers.
- Just in time for the holidays, the Triumph company of Japan offers the latest innovation in women’s undergarments.
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.
- The New York Times explains what the Senate will have to do to truly improve cost and quality in U.S. health care.
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