Wednesday, February 29, 2012

FHFA Files Lawsuits Against 17 Financial Institutions to Recoup Investor Losses

In its roles as conservator for Freddie Mac and Fannie Mae, the Federal Housing Finance Agency (FHFA) filed securities lawsuits against 17 financial entities in federal court as well as in the state courts of Connecticut and New York in early September 2011. In the lawsuits the FHFA alleges that the financial institutions, which range [...]

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