WASHINGTON, May 15 /PRNewswire-FirstCall/ -- Fannie Mae has been advised by OFHEO that the agency intends to release the final report of its special examination at 10:00 a.m. on Tuesday, May 23rd. OFHEO has requested that representatives of Fannie Mae review the draft report and we will comply with our regulator's request. Fannie Mae will be prohibited by law from disclosing the contents of the report until its public release by OFHEO. As a result, we have temporarily suspended our public offering of Benchmark and medium-term debt securities until May 23rd.
Fannie Mae is a New York Stock Exchange Company. It operates pursuant to a federal charter. Fannie Mae has pledged through its American Dream Commitment to expand access to homeownership for millions of first-time home buyers; help raise the minority homeownership rate to 55 percent; make homeownership and rental housing a success for millions of families at risk of losing their homes; and expand the supply of affordable housing where it is needed most. More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com/.
© 2006 PR Newswire
