Skip to content
Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
»
News
» Fannie, KPMG to Pay $153 Million to Settle Decade-Long Shareholder Fraud Suit
Looking to read the full article? Register for free access to IMFnews content today!
Fannie, KPMG to Pay $153 Million to Settle Decade-Long Shareholder Fraud Suit
May 8, 2013
Charles Wisniowski
Two Ohio pension funds that owned stock in Fannie Mae sued the GSE in 2004 related to a $6.3 billion overstatement of earnings.
News
IMFnews
Inside Mortgage Finance
Inside The GSEs
Inside the CFPB
GSEs
Latest Imf News
Oksenholt Defends Single Holding Company for GSEs, Tech
Large Servicers See Reduction in Jumbo Portfolios in 2Q
Private Mortgage Insurance Companies Set for VantageScore Usage
Garg Claims to be ‘True’ CEO of Better
More Imf News
Featured Data
Slowing Refis Drag on Ginnie Issuance in July
Chase Non-Agency RMBS Servicing Rebounds in 2Q
Fitch Retains Top Ranking in MBS & ABS Ratings in 2Q
Refis Trail Off in 2Q, Purchase Lending Slightly Ahead of 2025
More Featured Data
Featured Reports
Guide to Mortgage Lending to First-Time Homebuyers
Lender Profiles 1Q26: Top 25 (PDF)
Mortgage Profitability Report 1Q26 (PDF)
Top Mortgage Players: 1Q26 (PDF)
More Latest Reports
Featured Poll
As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?
No, it’s out of our wheelhouse.
We’re already in on the action!
Yes, it’s a great opportunity.
View Results