On the issue of FHFA’s constitutionality, the court ruled for the plaintiffs. But rather than invalidate the net worth sweep, the court struck the “for-cause” provision from HERA.

According to court filings, between 2009 and 2016, the trading desks at the defendant banks conspired to inflate prices.

An appeals court has twice rejected discrimination and defamation claims by an employee fired for working with an unapproved contractor.

Former FLHB-Dallas executives have admitted to charging the bank $1.2 million for fraudulent travel expenses and unclaimed vacation time.

Last summer’s blockbuster ruling from the Court of Appeals was a mixed bag for both plaintiffs and defendants. The long-expected appeal of that decision promises more of the same.

Director Mark Calabria’s decision to reverse former acting Director Joseph Otting’s reversal of a Mel Watt-era decision to defend the constitutionality of the FHFA structure catches GSE observers by surprise.

The indictment of apartment mogul Robert Morgan and several of his associates may have accelerated the prepayment speeds of dozens of Fannie’s and Freddie’s multifamily MBS.

One of the last legal dramas from the subprime crisis took a surprise turn last week when FHFA sued Wells over a case that had been settled earlier this year. At stake: more than $1 billion in RMBS issued 13 years ago.

A class-action lawsuit filed last month in the Southern District of New York accusing the largest authorized dealers in Fannie Mae and Freddie Mac debt bonds of engaging in a systematic price-fixing scheme just got a little more interesting.

In October, the Federal Home Loan Bank of San Francisco reached a $3.6 million settlement with two former executives in its Washington, DC, office of legislative and regulatory affairs who claimed they were the victims of racial discrimination. There’s just one problem: Despite apparently reaching an agreement during mediation, the bank didn’t pay up.