2013-03-22thestreet.com

In a Securities and Exchange Commission filing earlier in March, Fannie Mae said it would delay filing its 2012 financial report as it considers releasing a $61.5 billion deferred tax valuation allowance.

The potential release would bolster Fannie's earnings and capitalization, in a move the company said could help it begin repaying the U.S. Treasury on a $100 billion-plus taxpayer supported bailout.



Comments: Be the first to add a comment

add a comment | go to forum thread