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>> FANNIE MAE Latest News

9 HOURS AGO - Reuters

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U.S. lawsuits related to Fannie Mae, Freddie Mac profits dismissed

(Reuters) - A U.S. federal judge on Tuesday dismissed claims seeking to stop the U.S. government from making Fannie Mae and Freddie Mac pay a quarterly dividend to the U.S. Treasury.

Tags: U.S. lawsuits related to Fannie Mae, Freddie Mac profits dismissed,  Fannie Mae Latest News

9 HOURS AGO - Business Insider

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U.S. Lawsuits Related To Fannie Mae, Freddie Mac Profits Dismissed

(Reuters) - A U.S. federal judge on Tuesday dismissed claims seeking to stop the U.S. government from making Fannie Mae and Freddie Mac pay a quarterly dividend to the U.S. Treasury.The dividend equals the entire net worth of each entity, minus a small reserve that shrinks to zero over time.The lawsuits were filed by investors Perry Capital LLC, Fairholme Funds ...

Tags: U.S. Lawsuits Related To Fannie Mae, Freddie Mac Profits Dismissed,  Fannie Mae Latest News

11 HOURS AGO - Wall Street Journal

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Court Throws Out Fannie, Freddie Lawsuits

A district-court judge dismissed claims brought against the federal government and U.S. officials for a decision to sweep nearly all of the profits of Fannie Mae and Freddie Mac to the U.S. Treasury.

Tags: Court Throws Out Fannie, Freddie Lawsuits,  Fannie Mae Latest News

12 HOURS AGO - MarketWatch

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Judge throws out suit against government's sweep of Fannie, Freddie profits

WASHINGTON (MarketWatch) -- A judge has thrown out a lawsuit filed by investors in Fannie Mae and Freddie Mac that sought to invalidate the ruling that swept all the profits of the mortgage buyers to the government. U.S. District Court Judge Royce Lamberth wrote the plaintiff's "grievance is really with Congress" that allowed Treasury and the FHFA to do whatever ...

Tags: Judge throws out suit against government's sweep of Fannie, Freddie profits,  Fannie Mae Latest News

14 HOURS AGO - TheStreet

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Analysts Stumped as Fannie, Freddie Selloff Ramps Up on Heavy Volume

NEW YORK (TheStreet) --aFannie Mae and Freddie Maca ashares fell to the lowest levels in several months Tuesday as observers debated the significance of new legal developments that may affect investors in the government sponsored enterprises (GSEs).a Fannie Mae shares were down more than 10% to $2.58 in the final minutes of trading, having hit a low of $2.54 on ...

Tags: Analysts Stumped as Fannie, Freddie Selloff Ramps Up on Heavy Volume,  Fannie Mae Latest News