Legal Opinion
Federal Housing Finance Agency v. Countrywide Financial Corp.
District Court, C.D. California
Decided March 15, 2013No. Case Nos. 2:11-ML-02265-MRP (MANx), 2:12-CV-1059 MRP (MANx)PublishedCited by 4 opinions
1Opinion of the Court
Order Re Motions to Dismiss the First Amended Complaint
MARIANA R. PFAELZER, District Judge.
I. Background
The Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) are government-sponsored enterprises (“GSEs”). The GSEs are private corporations chartered by Congress to provide stability to the U.S. mortgage market, to respond appropriately to the *1103private capital markets and to provide assistance to the secondary market for residential markets. 12 U.S.C. § 1716; 12 U.S.C. § 1451 note. The GSEs were a dominant force in the home…
2Cases cited45 opinions
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- Lone Star Fund v (U.S.), L.P. v. Barclays Bank PLCCourt of Appeals for the Fifth Circuit · 2010
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3Cited by4 opinions
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