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Secondary Market

Court Deals a Blow to Fannie Mae Shareholder Hopes

The Federal Housing Finance Agency is taking over for Fannie Mae shareholders as the plaintiff in a lawsuit against accounting firm Deloitte & Touche accusing the company of negligent auditing practices, a move which may ultimately lead to the case's dismissal.

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GSEs Hit Loan Modification Milestone

Both Fannie Mae and Freddie Mac say they have made foreclosure prevention, specifically keeping families in their homes, a priority since the foreclosure crisis peaked six to seven years ago.

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