TITLE

The Other Fannie and Freddie Lawsuit

AUTHOR(S)
Griffith, John; Jakabovics, Andrew
PUB. DATE
November 2014
SOURCE
Nationalmortgagenews.com;11/4/2014, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the funding obligation of Fannie Mae and Freddie Mac to affordable housing programs. A lawsuit from a group of Wall Street investors that was dismissed by a federal judge is mentioned. It notes that the investors claims that the decision of the U.S. government to sweep the profits of Fannie Mae and Freddie Mac violated the rights of the shareholders.
ACCESSION #
99241376

 

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