Jury Told Fannie, Freddie Profit Sweep Was 'Unprecedented'

By Katie Buehler · October 24, 2022, 8:09 PM EDT

A financial expert told a D.C. federal jury on Monday that the Federal Housing Finance Agency's decision to amend stock purchase agreements and allow the U.S. Treasury to sweep up Fannie...

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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