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Fannie Misses Deadline

10-Q filing delayed

November 16, 2004

By MortgageDaily.com staff


Fannie Mae will miss its deadline for an important SEC filing.

The company said in a news release Monday that "it will not be able to file its Form 10-Q for the Sept. 30, 2004, quarter either by the November 15th due date or by November 19th," the five-day extension period permitted by the SECs rules.

The congressionally chartered corporation said it presented its views to the SECs Office of the Chief Accountant on Nov. 5, 2004, and will "modify its accounting, if n