Fannie Mae delays note sale announcement to Friday
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Fannie Mae (FNM.N: Quote, Profile, Research) , the largest US home funding company, said on Thursday it will delay by one day until Friday announcing whether it will sell December benchmark notes.
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U.S. mortgage finance giant Fannie  Mae said on Wednesday a Securities and Exchange Commission  decision that it must restate earnings over accounting problems  is likely to cut into its capital position.
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Fannie Mae&#39;s board has reached a decision on management changes in the wake of the accounting turmoil at the mortgage giant and will announce the changes later Tuesday, The Wall Street Journal says on its Web site, quoting an unnamed source.
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SunTrust Banks Inc., the Atlanta-based bank that last week acquired the parent of Central Carolina Bank, announced that it will delay the release of its third-quarter earnings.
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Fannie Mae and Freddie Mac will raise by 7.8 percent the limit on the size of single-family-home mortgages they will purchase, increasing the pool of home buyers who will qualify for lower-cost financing.
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Reckson Associates Realty Corp.  said on Monday it would postpone a shareholder meeting until December 6 to give billionaire Carl Icahn and his partners more time to firm up financing for their $4.6 billion bid for the company.
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NEW YORK, December 16  - According to a report in the Washington Post today, the Securities and Exchange Commission (SEC) has advised Fannie Mae (FNM.
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US equity fund Newbridge Capital Ltd., which is selling Korea First Bank, yesterday postponed its anouncement of a preferred bidder, indicating that it is having difficulty setting the sale price with HSBC Holdings Plc and Standard Chartered Plc.
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A former Fannie Mae employee who  gave U.S. regulators information about alleged accounting  irregularities will not testify as planned before a  congressional hearing next week, the committee said Friday.
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Fannie Mae&#39;s accounting crisis has taken a turn with its outside auditor KPMG refusing to sign off on its third-quarter earnings report, causing the mortgage giant to miss a regulatory deadline for filing it.
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Fannie Mae (FNM.N: Quote, Profile, Research) , the No. 1 US home funding company, said on Wednesday it sold $8 billion of three-month benchmark bills due Dec. 22, 2004
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Dell said Monday that it would delay the filing of its 10-Q report with the Securities and Exchange Commission, possibly setting the company up for a delisting notice by the NASDAQ in the coming days.
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Fannie Mae, the nation&#39;s largest mortgage buyer and a financial juggernaut that affects tens of millions of home buyers, agreed Monday to major changes in its accounting and management
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Fannie Mae, the giant mortgage finance company, Monday agreed to stop using accounting methods that its regulator criticized last week and to raise billions of dollars of additional capital as a cushion against potential losses.
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A group of major mortgage lenders will allow some homeowners facing foreclosure to delay losing their homes for 30 days.
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Fannie Mae will announce tonight that chairman and chief executive Franklin D. Raines has resigned, according to two sources familiar with the decision. The action comes just days after U.S. securities regulators confirmed that the mortgage industry giant had made serious and costly errors of financial reporting, according to two sources familiar with the decision.
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Fannie Mae, accused by regulators of flouting accounting rules, said yesterday it could not meet a deadline for a quarterly financial report and may be required to record