Appeals Court Upholds Dismissal of Freddie Mac, Fannie Mae Claims
Feb 21 2017 | 5:26pm ET
By Nathan Layne and Svea Herbst-Bayliss (Reuters) – A U.S. appeals court on Tuesday shut down efforts by hedge funds and other investors to pursue many legal claims accusing the U.S. government of seizing profits of mortgage financiers Fannie Mae and Freddie Mac following their taxpayer bailouts.
By a 2-1 vote, the U.S….