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Home » Topics » Inside The GSEs » Litigation

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FHFA Appeals Verdict in GSE Shareholder Lawsuit

September 26, 2025
Dennis Hollier
The agency is appealing a jury verdict awarded to GSE shareholders for losses related to the net worth sweep. FHFA is also facing a lawsuit tied to an untimely response to a FOIA request.
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GSE Roundup

September 26, 2025
Brandon Ivey
Michael Hutchins agrees to extend term at Freddie; new general counsel at Freddie; senator seeks answers on FHLBank reform efforts; former FHFA chief operating officer loses appeal.
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Critics Denounce Pulte’s Mortgage Fraud Allegations

September 12, 2025
Dennis Hollier
Attorneys representing those accused of mortgage fraud by FHFA Director Bill Pulte are calling for an investigation into what they say is abuse of his office.
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Court Dismisses RMBS Suit Against Former Freddie Execs

September 12, 2025
Dennis Hollier
An Ohio court found that Freddie’s rosy statements in 2007 about its exposure to subprime and Alt A loans weren’t misleading, in part, because there was no universal definition of those terms at the time.
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Condo Associations Push for Leniency in GSE Lending

August 29, 2025
Dennis Hollier
Eligibility requirements put in place by the GSEs in the wake of the 2021 collapse of a condo tower in Florida continue to hobble sales and burden condo associations with high insurance and maintenance costs.
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GSE Roundup

August 15, 2025
Dennis Hollier
Fannie revises policy for loans subject to a temporary rate buydown plan; Former Fannie employees sue for defamation; Freddie creates new board position; GSE shareholders lose appeal in one of the last net worth sweep lawsuits.
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Fannie Mae Hit With Class-Action Over Employee Terminations

August 1, 2025
Dennis Hollier
A group of U.S. citizens of Indian background sued Fannie Mae for discrimination after being terminated for alleged unethical behavior in relation to the company’s charitable grants program.
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GSE Roundup

May 9, 2025
Dennis Hollier
New Fannie exec; another tender offer; OIG fraud investigation; Fannie board member buys stock.
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GSE Shareholders in Yet Another Appeal

April 25, 2025
Dennis Hollier
Next month, plaintiffs in Fisher v. United States, a takings case challenging the GSE net worth sweep, will take a second stab at an appeal.
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Fannie Faces Accusations of Foreclosure Fraud

April 11, 2025
Dennis Hollier
Plaintiffs in a New York class-action say Fannie and four other defendants systematically overcalculate the interest charged to borrowers during foreclosure proceedings.
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