Unsealed Government Documents May Reveal Truth About Fannie, Freddie Profits

HousingWire, Apr. 12, 2016–Lane, Ben

According to an article published Tuesday by the New York Times, a series of now-unsealed depositions given in the shareholders’ lawsuits show that not only were Fannie and Freddie on track to be profitable for at least 10 years, the government allegedly knew that fact, and more, before choosing to sweep away the GSEs’ profits.