Fannie Mae Requests $7.8B From Treasury to Repay...Treasury

From the WSJ:

Fannie Mae said it would seek $7.8 billion more in U.S. government assistance after posting a wider loss in the third quarter as the housing market's troubles continued.

The Washington-based mortgage finance company on Tuesday posted a net loss of $5.1 billion in the third quarter, compared with a year-ago loss of $1.3 billion. It was the 16th loss in the past 17 quarters for the company, which nearly failed more three years ago and has been kept on government life support ever since.

The request for aid from the Treasury Department includes $2.5 billion to cover required quarterly dividends paid to the government.