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Fannie and Freddie investors lose suit

Govt allowed to take all profits of the bailed-out mortgage giants: judge
Thursday, October 2, 2014 - 05:50

[DETROIT] Fannie Mae and Freddie Mac investors lost their legal challenges to a change to the mortgage giants' 2008 bailouts that sent their profits to the US Treasury.

The lawsuits, among the first of almost 20 related cases to be decided, were filed by investors including Bruce