April 21, 2026
An attorney for the Federal Housing Finance Agency told the D.C. Circuit on Tuesday that the agency had clear authority to act in its own interest as conservator for Fannie Mae and Freddie Mac in the wake of the 2008 housing market crash rather than prioritize the interest of the companies' shareholders.
March 14, 2025
A D.C. federal judge on Friday upheld a $612.4 million jury verdict against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, ruling that the jury was provided with "ample evidence" that reasonably led to its conclusion that FHFA improperly amended stock purchase agreements related to the companies.
October 25, 2023
A Washington federal judge has granted prejudgment interest for the $299 million portion of a $612 million jury verdict won in August by certified classes of Fannie Mae and Freddie Mac shareholders who accused the government of wrongfully amending stock purchase agreements to obtain the enterprises' profits for itself.
October 14, 2022
Fannie Mae and Freddie Mac shareholders can present at a trial starting Monday internal U.S. Department of the Treasury documents they claim support their class action allegation that the government improperly tweaked stock purchasing agreements to allow it to sweep up the companies' net worths, a D.C. federal judge has ruled.
September 28, 2018
A D.C. federal judge allowed part of a trio of lawsuits against Fannie Mae, Freddie Mac and the Federal Housing Finance Agency to advance on Friday, posing a possible threat to the federal government's profits-harvesting "sweep" of the firms it took over during the financial crisis.