NEW YORK, Nov. 10 (Xinhua) -- U.S. mortgage finance giant Fannie Mae on Monday posted a record-high 29-billion-U.S. dollar loss in the third quarter of this year.

The company's net worth fell to 9.4 billion dollars at the end of September from 44.1 billion dollars at the end of last year.

If that number turns negative, Fannie Mae said it would have to tap the government's 100-billion-dollar funding as early as next year.

Fannie Mae and Freddie Mac, which own or guarantee around half of U.S. home loans, were seized by federal regulators in early September.

The U.S. government was to inject up to 100 billion dollars in each company in exchange for ownership stakes of almost 80 percent.
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