January 19, 2012
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.
August 29, 2011
A pair of pension funds sued the conservator for Fannie Mae in Washington on Friday in hopes of voiding a rule that relegates securities fraud claims to the lowest priority in Fannie Mae's receivership.