Legal Settlements and Fannie Mae

Fannie Mae: Freddie and Fannie have each reported profits for the second quarter that were much smaller than the record levels logged earlier, largely thanks to tax benefits and legal settlements tapering off. So there is far less at stake in the battle between the government and fund managers who own shares of the companies, according to Wall Street Journal and The fight over Fannie Mae and Freddie Mac profits should be over. That spat has largely turned on the so-called... (news.financializer.com). As reported in the news.