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Full 5th Circ. Rules FHFA Is Unconstitutionally Structured

By Jon Hill (September 9, 2019, 11:40 AM EDT) -- The full Fifth Circuit delivered a significant win to investors suing over the government's "net worth sweep" of Fannie Mae and Freddie Mac, reinstating part of their case and ruling the Federal Housing Finance Agency is unconstitutionally structured in a decision that may portend trouble ahead for the Consumer Financial Protection Bureau....

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