May 06, 2014
Fannie Mae and Freddie Mac didn't know of the falsity of misrepresentations that banks made when selling them toxic mortgage-backed securities before the financial crisis, the Federal Housing Finance Agency claimed in court documents publicly filed Tuesday.
October 18, 2013
A New York federal judge on Wednesday denied a bid by several banks including JPMorgan Chase & Co. and Barclays Bank PLC to compel the Federal Housing Finance Agency to produce about 22,000 documents related to the agency's cases over toxic mortgage-backed securities, citing the FHFA's invocation of privilege.
November 19, 2012
A New York federal judge Monday dismissed Federal Housing Finance Agency claims against Barclays PLC, ruling that the bank isn't liable under a Virginia law for selling $4.9 billion in purportedly shoddy mortgage-backed securities to Fannie Mae and Freddie Mac because it didn't sell the securities itself.
August 21, 2012
Barclays Bank PLC asked a New York federal judge Friday to toss the Federal Housing Finance Agency's suit over $4.9 billion in purportedly shoddy mortgage-backed securities sold to Fannie Mae and Freddie Mac, arguing some of the agency's claims may be time-barred.