Litigation - Page 7 | Inside Mortgage Finance

Florida Attorney Charged with Defrauding GSEs

June 5, 2020

A Florida lawyer is charged with swindling distressed borrowers out of their homes, and then filing fraudulent bankruptcy petitions to prevent the GSEs from executing lawful foreclosures.

GSE Shareholders Win, and Lose, in Court of Federal Claims

May 22, 2020

Dennis Hollier

In two separate cases filed by GSE shareholders against the government, the Court of Federal Claims meted out different results.

Milbank to Advise FHFA on Ending Conservatorships

April 10, 2020

Dennis Hollier

Milbank has won a one-year, $3 million contract from the FHFA to provide legal services related to ending the conservatorships.

GSE Roundup

March 27, 2020

Dennis Hollier

FICO subject of DOJ antitrust probe; Fannie board member to head OCC; Freddie discontinues LIBOR-linked debt.

SCOTUS and 5th Circuit Confuse Matters for FHFA and CFPB

March 13, 2020

Dennis Hollier

While the SCOTUS is still to decide on the CFPB’s fate, the Fifth Circuit Court of Appeals ruled the bureau is constitutional. FHFA implications.

FHLB ‘Plan’ to Buy Freddie Could Work

February 28, 2020

Dennis Hollier

Lawrence Parks, a former FHLB-SF executive, believes an FHLB plan to buy Freddie seems as plausible as other ideas that pass for GSE reform.

Lawsuit Reveals FHLB-SF Scheme to Buy Freddie Mac

February 14, 2020

Dennis Hollier

According to court filings, beginning in 2016, the FHLB-SF developed a proposal for the bank to purchase one of the GSEs. To assist in the process, the bank also engaged the services of McKinsey Consulting.