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Home » Store » Regulation » Court Releases More Documents, Including Former Treasury Official Deposition, in GSE Shareholder Case

Court Releases More Documents, Including Former Treasury Official Deposition, in GSE Shareholder Case

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Regulation

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Several more court documents were released over the past week that offer additional details into the circumstances surrounding the Treasury Department’s decision to replace the quarterly dividend Fannie Mae and Freddie Mac had been paying in conservatorship with a net worth sweep. Industry observers say the new memos and deposition transcripts reinforce the notion that the government had been planning the sweep for a while before it was implemented in late 2012. The government-sponsored enterprises’ shareholders have been challenging...
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