Fannie Mae May Have to Restate Earnings
563104
WASHINGTON Sept. 30, 2004 - Mortgage giant Fannie Mae, under investigation by regulators and ordered to revamp its accounting, may have to restate its past earnings, a federal agency said Thursday.
679260
Freddie Mac FRE.N, the  second-largest U.S. home financing company, on Friday said that  it has restated its 2003 net income and set up a reserve for  legal-related expenses, according to an annual report.
376039
The staff of the Securities and Exchange Commission has ordered Fannie Mae, the nation&#39;s largest buyer of mortgages, to restate its earnings over the last four years
722201
A review by the Securities and Exchange Commission has found that Fannie Mae violated accounting rules, buttressing earlier determinations by another federal regulator and amplifying the prospect of an earnings restatement by the
179218
An earnings restatement driven by accounting changes doesn't change the big picture.
496031
Mortgage giant Fannie Mae, under investigation by regulators and ordered to revamp its accounting, may have to restate its past earnings, a federal agency said Thursday.
204455
A few thoughts on the earnings warning.
161694
Massive share buybacks can't quite counteract lagging net income.
209880
The S.E.C. has ordered Fannie Mae to restate its earnings for the last four years after concluding that it had violated accounting rules.
122853
Embattled U.S. mortgage finance  giant Fannie Mae on Tuesday said it had discussed the  possibility of an earnings restatement with regulators,  reversing a top executive's comment.
676249
Krispy Kreme Doughnuts Inc.  on Tuesday said it would restate financial statements for its 2004 fiscal year due to errors in how it accounted for the repurchase of franchises, which could reduce earnings more than the company had previously forecast.
604391
Securities and Exchange Commission chief accountant Donald Nicolaisen has requested that the Federal National Mortgage Association (Fannie Mae) restate its financials from 2001 through mid-2004 to eliminate the use of hedge accounting.
675131
Stock investors may want to fasten their seatbelts this week, when a flurry of earnings and economic data will once again be in focus.
308511
Fannie Mae used improper accounting  to steady its earnings from quarter to quarter, federal  regulators have told the top mortgage finance company, setting  the stage for the industry's second bookkeeping drama in less  than 18 months.
24262
Sep-27-2004 - Days after Fannie Mae&#39;s federal regulator released a highly critical report on the mortgage giant&#39;s accounting practices, observers say top management may not survive the fallout.
410999
The board of Fannie Mae has been discussing a possible executive shake-up as the embattled mortgage giant responds to regulators&#39; allegations of accounting violations and faces a likely restatement of $9 billion or more in earnings.
41809
Fannie Mae's board of directors has proposed releasing millions of dollars of incentive payments to current and former employees based on the company's performance since 2003, including periods in which earnings were misstated and regulators allege the company was mismanaged.