net worth sweep Fannie Mae Freddie Mac

Lehman, Freddie Mac Settle For $767 Million

The $767 million deal between Lehman Brothers Holdings Inc Plan Trust (OTCMKTS:LEHMQ) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) was approved by a federal judge yesterday, resolving claims stemming from two loans that Lehman received just before it collapsed in 2008, reports Joseph Checkler for The Wall Street Journal.

Judge Shelley . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers