U.S. Treasury rejects Fannie Mae tax-credit sale (source: Market Watch)

Written on November 7th, 2009 by

The U.S. Treasury blocks the proposed sale of low-income housing tax credits held by embattled mortgage lender Fannie Mae because officials have determined that the transaction would be too costly to taxpayers, according to media reports. (source: Market Watch) – RSS feeds and Stock Market News on Rocketnews.com

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