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.

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.

New Fannie exec; another tender offer; OIG fraud investigation; Fannie board member buys stock.

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.

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

The time frames for servicers to complete routine foreclosures will expand in 17 states and shorten in four others.

Even if lawmakers can’t agree on how or whether to release the GSEs from conservatorship, there are incremental steps they can take, according to former FHFA Director Mark Calabria.

Freddie Mac failed to win a complete summary judgment against an insurer who declined to pay claims related to a 2008 SEC investigation. The judge’s ruling makes it more likely the case goes to trial and discovery.

AXIS Insurance became the second entity to settle in a Freddie lawsuit alleging that some D&O insurance providers refused to properly reimburse the GSE for legal expenses incurred during the 2008 crisis.

Although a Republican victory in November might revive efforts to release the GSEs from conservatorship, this would likely be a multi-year effort, according to the former FHFA director.