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Fannie Mae delays 2006 annual report


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#1 .Blizzard

.Blizzard

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Posted 27 February 2007 - 09:00 AM

WASHINGTON (MarketWatch) -- Mortgage-financer Fannie Mae (FNM : Fannie Mae News , chart, profile, more Last: 59.14-0.35-0.59% 8:32am 02/27/2007 FNM59.14, -0.35, -0.6%) said Tuesday it will delay filing its 2006 annual report. The move had been expected as the company is continuing to catch up with financial reporting following a major earnings restatement. Corporate officials are scheduled to brief investors Tuesday at 10 a.m. Shares of Fannie Mae closed Monday at $59.14, off fractionally