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Home » Store » News » FHFA To Sue Banks to Recover GSE MBS Losses

FHFA To Sue Banks to Recover GSE MBS Losses

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The Federal Housing Finance Agency is expected to file suit in federal court within the next several days against “more than a dozen big banks” in connection with failed investments by Fannie Mae and Freddie Mac in non-agency securities, according to published reports. As Inside The GSEs was going to press, the New York Times reported that the Finance Agency is ready to pull the trigger on litigation aimed at Bank of America, JPMorgan Chase, Goldman…
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