Don Layton, the current Senior Industry Fellow at the Joint Center for Housing Studies at Harvard University—and former CEO of Freddie Mac—released a new column on the policymaking ...
Read More »Government Fights Document Release in GSE Profit Suit
In September, a federal judge ordered the government to release 56 documents related to the sweeping of GSE profits into Treasury. But they aren't ready to do it just yet.
Read More »GSE Shareholders Fighting for Their Day in Court
Three GSE shareholders are seeking billions of dollars in a federal court in Texas over the sweeping of Fannie Mae and Freddie Mac profits into Treasury.
Read More »New Ruling Gives GSE Investors Hope
The sweeping of GSE profits into Treasury has prompted nearly two dozen lawsuits from investors who claim the sweep is illegal. While some courts have ruled against investors in the last few months, they received a favorable ruling this week from the U.S. Court of Federal Claims.
Read More »Court Deals a Blow to Hopes of GSE Investors
Fannie Mae and Freddie Mac investors who are trying to reclaim the GSE profits suffered a setback on Friday.
Read More »Treasury Says GSEs Have an ‘Ongoing Financial Commitment’ to Taxpayers
In the response letter, dated April 21, 2015, Treasury's Acting Assistant Secretary for Legislative Affairs, Randall DeValk said that wanted to "clarify some misunderstandings" from some press reports regarding the agreement, and said that the government's $187.5 billion bailout of Fannie Mae and Freddie Mac with taxpayer funds in 2008 was not an "ordinary" loan.
Read More »Lawmaker Asks Treasury, Justice Department for Transparency on GSE Profits
Grassley wrote in his letters that it is unclear whether the President asserted executive privilege to withhold documents regarding the sweeping of GSE profits into Treasury and questions whether the Justice Department was authorized to withhold the documents.
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