Accounting Woes at Fannie Mae Fannie Mae, the nation's largest source of financing for home mortgages, faces accusations of pervasive accounting problems. Federal regulators say the company, which buys home loans from lenders, deferred $200 million in expenses in 1998, allowing top managers to obtain millions in bonuses. NPR's Jack Speer reports.
NPR logo

Regulators Question Fannie Mae Accounting

  • Download
  • <iframe src="https://www.npr.org/player/embed/4052255/4052256" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Regulators Question Fannie Mae Accounting

Regulators Question Fannie Mae Accounting

Regulators Question Fannie Mae Accounting

  • Download
  • <iframe src="https://www.npr.org/player/embed/4052255/4052256" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Fannie Mae, the nation's largest source of financing for home mortgages, faces accusations of pervasive accounting problems. Federal regulators say the company, which buys home loans from lenders, deferred $200 million in expenses in 1998, allowing top managers to obtain millions in bonuses. NPR's Jack Speer reports.