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Fannie, Freddie Profit Suit Ruled Too Similar To Axed Case

By Ben Conarck (February 3, 2015, 5:13 PM EST) -- An Iowa federal judge on Tuesday dismissed a suit by Fannie Mae and Freddie Mac shareholders challenging the government's 2012 decision to sweep profits from the mortgage finance giants into the U.S. Department of the Treasury, ruling the complaint was too similar to a case previously dismissed in a D.C. district court....

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