Although Fannie Mae’s Q210 net loss narrowed to $1.2 billion, its smallest loss in three years, it still asked the U.S. government for an additional $1.5 billion in aid.
With total Treasury funding reaching $84.6bn, Fannie said it “does not expect to earn profits in excess of its annual dividend obligation to Treasury for the indefinite [...]

Fannie Mae (NYSE:FNM) saw its market share of reverse mortgage acquisitions fall from roughly 90% during the first quarter of 2009 to approximately 5% in the first quarter of 2010 according to its latest filing from the Securities and Exchange Commission (SEC).