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Tag Archives: Subprime Lending

Housing Bubble 2.0?

Editor's note: This story was originally featured in the December issue of DS News, out now.  In 2008, the economy experienced the historical fall of the housing market and the resulting financial crisis—an epic phenomenon that some feared would grow ...

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Former Fannie Mae CEO Claims SEC Failed to Prove Accusations of Subprime Lending Fraud

Mudd, the CEO of Fannie Mae during the years leading up to the housing crash (2005 to 2008), and former Fannie Mae executives Enrico Dallavecchia (chief risk officer) and Thomas A. Lund (EVP), requested that U.S. District Judge Paul Crotty grant them summary judgment on the grounds that the SEC had not shown evidence that the GSE misled or made false statements to investors about its subprime portfolio.

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