Craig Roberts's Blog – September 2011 Archive (2)

FHFA News Release: $200 Billion in Recovery Excessive

Washington, DC - The FHFA is seeking financial recovery from recently filed lawsuits according to its press release today.  It went on to say, "at this time, it would be premature and potentially misleading to estimate the size of any potential recoveries" and that "press reports that FHFA is seeking nearly $200…

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Added by Craig Roberts on September 7, 2011 at 2:54am — 1 Comment

Feds Sue 17 Banks



Washington, DC
 -- The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the GSEs), today filed lawsuits against 17 financial institutions, certain of their officers and…

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Added by Craig Roberts on September 6, 2011 at 4:44am — No Comments

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