Justices Told FHFA's Structure Not Fatal To Profit Sweep
By Jon Hill ( October 26, 2020, 8:03 PM EDT) -- The Trump administration told the U.S. Supreme Court on Friday that while the Federal Housing Finance Agency's single-director independent leadership structure is unconstitutional, that's no reason to strike down the government's so-called net worth sweep of Fannie Mae and Freddie Mac as investors in the two mortgage giants are insisting....
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