Freddie Mac, Pension Fund Suit Sacked.This article reports on the decision by the U.S. District Court for the Southern District of New York to dismiss a lawsuit filed by several pension funds against the Federal Home Loan Mortgage Co.
Freddie Mac, upon buying a mortgage, pools it with similar mortgages it has purchased and, using this pool or basket as collateral, sells "passthrough" securities to individual investors and to institutional investors such as pension funds and insurance companies. The investors receive their ...
Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance Theitlefhisooklearly isptlyuitedoheontents,eingn informative insightndonstructivenalysisbouthehallengingircumstances which ledoheinancialollapsefhese.S. go... Professor,Richard,Reed - 《Journal of Pension Economics & ...
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Reports on a lawsuit filed in federal courts on behalf of pension funds for the states of West Virginia and Ohio and a pension fund for Teamsters union members, which alleged Federal Home Loan Mortgage Corp. of misleading investors about the company's financial conditions as of August 11, ...
Pension Funds Sue Freddie MacJackie Spinner
Fannie Mae, Freddie Mac Eliminating Pension Plans Starting Dec. 31 (Posted 2013-10-26 21:56:33) ; Housing Oversight Agency Urged the Lenders to Pull the Programs to Manage Costs, Long-Term RisksKelly, Kimbriell
The Next Catastrophe: Think Fannie Mae and Freddie Mac Were a Politicized Financial Disaster? Just Wait until Pension Funds Implode[ILLUSTRATION OMITTED] FUNDS WORTH trillions of dollars start to plummet in value. Political...Entine, Jon