Split DC Circ. Nixes Fannie, Freddie 'Profit Sweep' Suits
By Cara Mannion ( February 21, 2017, 6:40 PM EST) -- A divided D.C. Circuit panel on Tuesday handed the U.S. Department of the Treasury and Federal Housing Finance Agency a victory over allegations they swept profits from Fannie Mae and Freddie Mac to the Treasury, affirming a lower court's ruling that actions taken under the FHFA's conservatorship of the mortgage duo can't be challenged in court....
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