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Freddie Mac must face revived lawsuit over subprime exposure
Wednesday, July 27, 2016 7:18
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Freddie Mac must face revived lawsuit over subprime exposure (Reuters) – A federal appeals court on Wednesday revived Ohio’s lawsuit accusing Freddie Mac of defrauding the state’s $87.3 billion public pension fund by hiding its exposure to subprime and other risky mortgages prior to the 2007-09 financial crisis. The 6th U.S. Circuit Court of Appeals … Read more
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Source: http://4closurefraud.org/2016/07/27/freddie-mac-must-face-revived-lawsuit-over-subprime-exposure/
