What is Fanniegate?
Posted on 10/28/2018
In a scandal dubbed “Fanniegate,” the Federal Housing Finance Agency (FHFA) may have violated the U.S. Constitution. The United States Court of Appeals for the Fifth Circuit ruled that the federal government’s regulator of Fannie Mae and Freddie Mac is not constitutionally structured. The ruling comes as the result of a lawsuit filed by Fannie […]