FHFA Says It Didn't Study Fannie, Freddie Profit Sweep Effect

By Katie Buehler · October 20, 2022, 9:21 PM EDT

Former Federal Housing Finance Agency Director Edward DeMarco admitted to a D.C. federal jury Thursday that the agency didn't conduct any analysis or studies before allegedly improperly amending stock purchase agreements...

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Case Information

Case Title

IN RE: FANNIE MAE/FREDDIE MAC SENIOR PREFERRED STOCK PURCHASE AGREEMENT CLASS ACTION LITIGATIONS

Case Number

1:13-mc-01288

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Date Filed

November 18, 2013