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Ex-Fannie Mae CEO Denied Exit From SEC Subprime Loan Suit

By Ed Beeson ( February 29, 2016, 6:21 PM EST) -- Former Fannie Mae chief executive Daniel Mudd on Monday lost his bid to escape a U.S. Securities and Exchange Commission lawsuit when a New York federal judge said the regulator had evidence supporting its claims that Mudd made misleading statements about the mortgage giant's exposure to subprime loans prior to the financial crisis....

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