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August 10, 2005|From Associated Press

Mortgage giant Fannie Mae said it probably would not complete the reworking of its accounting, ordered by federal regulators, before the second half of next year and disclosed that it had been discussing the matter with the New York Stock Exchange, where its stock trades.

The government-sponsored company, which finances 1 of every 5 home loans in the United States, again missed a regulatory deadline for filing a financial report, this time for the second quarter.\o7

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