Fannie Mae said Thursday that its third-quarter net loss widened 28% from the second quarter but narrowed 35% from a year earlier, to $18.9 billion.
The government-sponsored enterprise said the third-quarter loss was driven by $22 billion of credit-related expenses.
Fannie also said the Federal Housing Finance Agency, its regulator and conservator, requested another $15 billion from the Treasury Department to cover the GSE's net worth deficit.
The additional money would bring the government's holdings of Fannie preferred shares to $60.9 billion.
