Judicial Watch Sues For FHFA's Freddie, Fannie Records

Law360, New York (March 7, 2012, 4:43 PM EST) -- Right-leaning legal foundation Judicial Watch sued Monday to force the regulator of Fannie Mae and Freddie Mac to produce documents related to losses on mortgage-backed securities sold to the housing giants by such top financial firms as JPMorgan Chase & Co. and Bank of America Corp.

The Washington, D.C.-based nonprofit group, which describes itself as a “conservative, nonpartisan” organization, said the Federal Housing Finance Agency rejected a Freedom of Information Act request for documents showing losses sustained by Fannie and Freddie then failed to reply to...
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