8th Circ. OKs FHFA's Fannie And Freddie 'Net Worth Sweeps'

By RJ Vogt · August 23, 2018, 8:32 PM EDT

An Eighth Circuit panel said Thursday that Fannie Mae and Freddie Mac shareholders can't block the Federal Housing Finance Agency's agreement to pay the Treasury Department a quarterly "net worth sweep"...

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Case Information

Case Title

Thomas Saxton, et al v. Federal Housing Finance Agency, et al

Case Number

17-1727

Court

Appellate - 8th Circuit

Nature of Suit

2899 Other Statutes

Date Filed

April 04, 2017