FHFA Steps Into Fannie Mae Litigation
In its filing in the U.S. District Court for the District of Columbia, the FHFA asked for a further 120-day stay in securities, derivative and Employment Retirement and Income Security Act litigation pending in the wake of Fannie Mae's collapse.
“As conservator, FHFA has succeeded to 'all rights, titles, powers and privileges' of Fannie Mae, including its...
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