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GSE shareholder suit ends in mistrial
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Case Law, Nonbank Financial
Friday, November 18, 2022
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Shareholders of Fannie Mae and Freddie Mac (the GSEs) are preparing for next steps following a D.C. federal judge’s decision to grant a mistrial in their suit against the Federal Housing Finance Agency. This lawsuit is one of several in which shareholders are attempting to achieve some remedy to the 2008 conservatorship of the GSEs which saw them lose the control and compensation shareholders normally maintain.
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