Friday, June 8, 2007

Fannie, Freddie to resume current financials

(Reuters) - NEW YORK, June 8 - Fannie Mae and Freddie Mac will resume reporting current financial reports by early next year after failing to produce normal statements in recent years due to accounting scandals that hit the mortgage finance companies, the firms said Friday.



Freddie Mac said it will become a current filer next week while Fannie said it will offer timely quarterly reports by the end of February.


Read more at Reuters.com Bonds News

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