TITLE

FHFA takes on banks

AUTHOR(S)
McFarlin, Michael
PUB. DATE
October 2011
SOURCE
Futures: News, Analysis & Strategies for Futures, Options & Deri;Oct2011, Vol. 40 Issue 10, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the lawsuits filed by the U.S. Federal Housing Finance Agency (FHFA) against 17 major banks for misrepresenting securities sold to Fannie Mae and Freddie Mac before they were placed under FHFA conservatorship to recoup some of the financial losses during the housing crisis.
ACCESSION #
67494687

 

Related Articles

  • Judicial Watch Sues FHFA Over Documents. Stewart, Jackie // American Banker;3/8/2012, Vol. 177 Issue 37, p16 

    The article reports the conservative advocacy group Judicial Watch sued the U.S. Federal Housing Finance Agency for allegedly withholding documents related to a lawsuit that was based on misrepresentation of mortgage- backed securities.

  • FHFA sues UBS over MBS sold to Fannie and Freddie.  // Mortgage Banking;Sep2011, Vol. 71 Issue 12, p10 

    The article reports on the lawsuit filed by the U.S. Federal Housing Finance Agency (FHFA) against UBS Americas Inc. to recover losses and damages sustained by Fannie Mae and Freddie Mac through their purchase of mortgage-backed securities (MBS).

  • FHFA Sues MBS Executives: Can You Spell 'D&O'? Muolo, Paul // National Mortgage News;9/12/2011, Vol. 35 Issue 49, p1 

    The article reports on the lawsuit filed by the U.S. Federal Housing Finance Agency (FHFA) against mortgage-backed security (MBS) executives like Stan Kurland of PennyMac who had signed the shelf registration forms on seven bonds that Countrywide Securities Corp. sold to Fannie Mae. It comments...

  • UNCLE SAM'S NEW CRUSADE AGAINST BANKS. Parloff, Roger // Fortune International (Europe);11/21/2011, Vol. 164 Issue 8, p12 

    The article discusses a suit brought by the U.S. Federal Housing Finance Agency (FHFA) against 18 large banks including J. P. Morgan Chase & Co. and Goldman Sachs Group Inc. FHFA seeks to recover losses on mortgage-backed securities the banks sold to government-sponsored enterprises Fannie Mae...

  • UNCLE SAM'S NEW CRUSADE AGAINST BANKS. Parloff, Roger // Fortune;11/21/2011, Vol. 164 Issue 8, p22 

    The article discusses a suit brought by the U.S. Federal Housing Finance Agency (FHFA) against 18 large banks including J. P. Morgan Chase & Co. and Goldman Sachs Group Inc. FHFA seeks to recover losses on mortgage-backed securities the banks sold to government-sponsored enterprises Fannie Mae...

  • General Electric Settles Mortgage Lawsuit with FHFA. Browdie, Brian // American Banker;1/24/2013, Vol. 178 Issue 13, p26 

    The article reports General Electric (GE) settled a lawsuit filed by the U.S. Federal Housing Finance Agency (FHFA) which accuses the company of wrongdoing in the sale of mortgage-backed securities. The article notes GE's former mortgage lending unit was accused of misleading home finance...

  • Lawsuits Highlight a White House at Odds on Housing. Wack, Kevin // American Banker;9/9/2011, Vol. 176 Issue F335, p1 

    The article reports on discord within the U.S. federal government in light of the Federal Housing Finance Agency's lawsuits against several global and American banks. The issue of how losses from the housing market collapse in 2007 should be allocated among borrowers, lenders, private investors,...

  • SECURITIES--BROAD CLAUSE--ARBITRABILITY--PUBLIC POLOCY--U.S. ARBITRATION ACT--GEORGIA.  // Arbitration Journal;Fall82, Vol. 37 Issue 3, p76 

    The article presents information about the court case Merrill Lynch, Pierce, Fenner & Smith Inc. v. Wilbanks. The Wilbanks opened a securities account with Merrill Lynch, and signed an agreement that provided for arbitration of all disputes. Based on alleged mishandling of their account, they...

  • Deutsche Bank to pay $1.9 bil. Investor's Business Daily // Investors Business Daily;12/23/2013, pA02 

    The German bank's payment will settle a lawsuit by the Federal Housing Finance Agency over mortgage-backed securities. The suit alleged

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics