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Judge throws out Fannie and Freddie investors’ lawsuit

Housing Wire, By Jacob Gaffney 

A Federal judge late Tuesday threw out a lawsuit brought by investors against the Federal government’s control over Fannie Mae and Freddie Mac.

Currently, Fannie and Freddie profits go to the government, and the investors were suing for their perceived share.

The Washington Post provided full coverage and background, via Danielle Douglas-Gabrielle:

Read full article: Judge throws out Fannie and Freddie investors’ lawsuit