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Fannie Mae to hold conference call

Thu Nov 15, 2007 8:28pm EST
 
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NEW YORK, Nov 15 (Reuters) - U.S. mortgage finance company Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) said it is due to hold a conference call on Friday morning to offer investors and analysts a chance to ask technical accounting questions on recent quarterly reports.

The call will start at 9:00 a.m. Eastern Time, and Chief Financial Officer Stephen Swad and other executives will take questions, the company said.

The shares fell 10 percent on Thursday amid worries about slumping home prices and a credit squeeze. (Reporting by Ritsuko Ando; editing by Carol Bishopric)

 

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