fannie

Judge Dismisses Lawsuit Over Government Taking GSE Profits

 (Jeff Sorg, OnlineEd) – U.S. District Court judge Royce Lambert has dismissed the lawsuit against the federal government for distributing Government Sponsored Enterprise (GSE) profits into the U. S. Treasury instead of to shareholders. As approved by Congress, the Treasury collected a 10 percent dividend each quarter as conservator. This agreement changed in 2012 requiring GSEs to give nearly all