Fannie, Freddie find it hard to get new capital

BLOOMBERG NEWS SERVICE • August 25, 2008 The cost to Freddie Mac and Fannie Mae of raising capital is getting more prohibitive by the day, making it likely that the government will have to inject cash into the largest U.S. mortgage finance companies. Declines in the common stocks of the government-chartered companies accelerated last week to more than 90 percent for the year and yields on their preferred shares... [read full story]