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 »Court Denies Shareholder Access to Freddie Mac Records
A federal court dismissed a lawsuit filed by a Freddie Mac shareholder who was seeking access to corporate records related to the Net Worth Sweep.
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 »Fairholme Still Urging GSE Net Worth Sweep to End
Fairholme Funds, one of the largest GSE investors, sued the government in 2013 for sweeping of GSE profits into the U.S. Department of Treasury and recently noted that "a “common sense solution" will prevail.
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