Funds Get Hit by Fannie Mae Selloff

After a turmoil-filled week, every Fannie Mae (FNM Quote) shareholder knows how it feels to hold a crumbling stock.

But as always, some are feeling more pain than others. A look at which mutual funds were the biggest holders of Fannie at the end of last quarter can help you, humble mutual fund investor, figure out how badly you may have fared in the recent tumult.

By now the Fannie story is familiar to the financially with-it. The stock plunged 15% last week after the Washington-based company's regulator accused the company of playing fast and loose with accounting rules. Many of the allegations made by the Office of Federal Housing Enterprise Oversight dovetail nicely with the case that RealMoney.com's Peter Eavis has been building for the better part of two years against Fannie's bookkeeping. ...