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FHFA Seeks To Preserve Fannie Fraud Payout Priority

By Martin Bricketto (January 19, 2012, 2:06 PM EST) -- Fannie Mae's conservator on Wednesday asked for summary judgment of a suit by two pension funds to void a rule putting securities fraud claims last in line in Fannie Mae's receivership, claiming it followed statute and that its acting director legally implemented the rule....

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