Fannie Mae posted a fourth-quarter net loss of $25.2 billion, a figure in line with the high end of a range it gave last month for the funds it would need from a government backstop to maintain a positive net worth.
The net loss narrowed 13% from the third quarter, Fannie said in its annual filing with the Securities and Exchange Commission late Thursday.
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Corrected March 2, 2009 at 5:01PM: The headline on an earlier version of this story understated Fannie Mae's fourth-quarter loss. As the item correctly stated, Fannie lost $25.2 billion.