Attorneys for a group of Fannie Mae and Freddie Mac shareholders seeking to overturn the net worth sweep will take another swing at the Fifth Circuit Court of Appeals.

A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.

Collins, Fairholme and Rop — all cases where shareholders seek to reverse the net worth sweep of GSE profits — may soon end up in front of juries.

Unsealed documents in the pre-trial filings for Fairholme v. FHFA reveal the names of prominent witnesses expected to testify in the October jury trial.

Affordable housing advocates say Fannie Mae and Freddie Mac should do more to prevent investors from exploiting loopholes to profit off of LIHTC-funded properties.

Mortgage fraud has gone beyond borrowers simply falsifying income and employment information.

A federal court in South Carolina uncovers a scheme of kickbacks and bribes related to FHLB and HUD affordable housing program grants.

GSE insiders worry litigation over race-based housing assistance will undermine the enterprises’ equitable housing finance plans.

The ruling makes it unlikely GSE shareholders will ever receive compensation for the value they lost through the net worth sweep.

The lawsuit brought by fair housing organizations focused on Fannie Mae’s maintenance and marketing of its real estate-owned properties, that is, homes acquired through foreclosure.