Menu

Is a Fannie and Freddie settlement near?

By Richard Bove

White House lawyers recently asked a federal court to grant them access to documents in the case between Fairholme Funds and the United States over Fannie Mae and Freddie Mac.

I think the unusual request suggests that the White House may be moving closer to a negotiated settlement in the multiple Fannie Mae lawsuits which will benefit shareholders in this company, the largest of whom is the U.S. taxpayer.

Read the full article: Is a Fannie and Freddie settlement near?