The efforts of Fannie Mae and Freddie Mac shareholders to claw back the value of their investments by suing the U.S. Treasury have not elicited much support on Capitol Hill.

During a panel discussion on government-sponsored enterprise reform, Rep. John Delaney, D-Md., made it clear that he does not see any merit in the shareholders' litigation.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry