Dismissal Of Suit Over Fannie Mae, Freddie Mac Dividends Upheld On Appeal

Mealey's (April 29, 2020, 1:31 PM EDT) -- WASHINGTON, D.C. — The District of Columbia Circuit U.S. Court of Appeals on April 24 affirmed the dismissal of a man’s lawsuit over his failure to receive quarterly dividends from the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corp. (Freddie Mac), ruling that a federal judge properly found that the man’s claims were time-barred and that any attempt to amend the complaint would be futile (Joshua J. Angel v. Federal Home Loan Mortgage Corp., et al., No. 19-7062, U.S. App., D.C. Cir., 2020 U.S. App. LEXIS 13431)....