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Ex-Fannie Execs Want OFHEO To Produce Docs

Law360 (February 27, 2009, 12:00 AM EST) -- Three former Fannie Mae executives have asked a district court to force the federal agency that regulates the mortgage finance giant to turn over tens of thousands of documents that they claim are key to their defense in securities and Employee Retirement Income Security Act litigation.

Former Fannie Chairman and CEO Franklin D. Raines, ex-Chief Financial Officer J. Timothy Howard and former controller Leanne G. Spencer urged the U.S. District Court for the District of Columbia on Thursday to compel the Office of Federal Housing Enterprise...
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