Why did a panel deny the FHFA's request to transfer four cases involving the GSE Profit Sweep to a district court in Washington, D.C.?
Read More »Judge Seeks More on GSE Profit Sweep
Depositions unsealed last month showed that key officials at the GSEs may have known they were about to be profitable in 2012. Now the judge wants to see more.
Read More »Fairholme: Status Quo Makes Another Bailout ‘Inevitable’
The Net Worth Sweep, or the sweeping of all Fannie Mae and Freddie Mac profits into Treasury, has been under more intense scrutiny as of late.
Read More »Counsel’s Corner: The Battle Over GSE Profits is Raging
What is the outlook for the GSE shareholders' appeal of a lawsuit against the government over the sweep of GSE profits into Treasury that was previously dismissed in the D.C. District Court? Hamish Hume, partner with Boies, Schiller & Flexner, discusses all points of the case.
Read More »Shareholder to Fannie Mae and Freddie Mac: Show Me the Corporate Records
The sweeping of Fannie Mae and Freddie Mac profits into Treasury has prompted several lawsuits from investors. But the lawsuits filed by shareholder Tim Pagliara are the first of their kind.
Read More »Did the 9th Circuit Just Signal Victory for GSE Investors?
The Ninth Circuit Court of Appeals affirmed a decision by a lower court that Fannie Mae and Freddie Mac are "private companies." What will the ruling mean, if anything, for the pending lawsuits by GSE investors who claim the Net Worth Sweep is illegal?
Read More »Fairholme Demands the Government Turn Over Documents in GSE Profit Suit
Fairholme Funds, one of the GSEs' largest investors, is requesting that the government turn over documents that Fairholme says are being unlawfully withheld in regards to the sweep of GSE profits into Treasury.
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