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Tag Archives: GSE Profits

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.

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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.

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