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Fannie And Freddie: A New Leaked Treasury Memo Surfaces

By David Sims

When it comes to the Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) legal cases, shareholders were left for dead last fall when Judge Lamberth ruled that the cases against the government were not yet ripe. The decision has been appealed, but Inside Sources has found good reason for the appeal to move forward.

“During that case, Treasury was required to turn over all relevant materials to the court for review. The memo obtained by InsideSources, dated January 4, 2011, was never disclosed to the court as part of the Administrative Record.”

Read the full article: Fannie And Freddie: A New Leaked Treasury Memo Surfaces