Fannie Mae (FNMA.OB) reports a $5.1B Q3 loss and says it will seek $7.8B in additional federal...

|About: Fannie Mae (FNMA)|By:, SA News Editor

Fannie Mae (FNMA.OB) reports a $5.1B Q3 loss and says it will seek $7.8B in additional federal aid to stay afloat. The loss was attributed to continued weakness in the housing market and credit-related expenses on home loans made prior to 2008. Fannie Mae has drawn $112.6B in Treasury bailout funds and has paid $17.2B to the government in dividends.