Watchlist Sponsored By :
- Oil Prices Finish Volatile Day Just Below $126
- SingTel's Profit Rises 9.2% on Asia Mobile Growth
- IAC, Liberty Media Resolve Dispute Over Spinoffs
- Clear Channel Deal to Be Funded at $36 A Share
- HP, EDS and IBM on the Move
- Fed's Yellen: Interest Rates at Appropriate Level
- Stocks Are Facing Key Test As Investors Seek Stability
- Home Brew for the Car, Not the Beer Cup
- A Wish List for Fixing Wall Street
- Economy Sluggish, Inflation Higher: Fed Survey
- Lightning Round OT: Yamana, Itron and More

- Sudden Death: Walgreen, Unitedhealth and More
- Mad Mail: True Religion's Designer Jeans Cult

- Post on Mad Cap

- Lightning Round: McMoran, Pepsi, Systemax and More

- Cramer Still Bullish on Owens-Illinois

- Toll Brothers' Plan to Save Economy

- Your First Move For Wednesday May 14th

- A "Marvell" To Behold

- Fast Message - We Answer Your Questions

- Lightning Round OT: Yamana, Itron and More
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
Loading...
(%)
]
"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 2008 Reuters. Click for restrictions.
Tools:
MORE FROM CNBC


