Fannie, Freddie Shareholder Suit Faces En Banc Review

The Fifth Circuit Court of Appeals agreed to rehear an action by Fannie Mae and Freddie Mac shareholders after a divided three-judge panel concluded that the Federal Housing Finance Agency (FHFA) was unconstitutional.

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LA Asks Court to Revive Big Bank Predatory Lending Claims

The city of Los Angeles urged the Ninth Circuit Wednesday to revive claims that the Bank of America and Wells Fargo discriminated against Latino and black borrowers by offering them more expensive home loans than similarly situated whites.

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