Fannie Mae Legal Expenses

By Brian Baxter

Recent disclosures from the Federal Housing Finance Agency reveal that lawyers representing former Fannie Mae executives Franklin Raines, J. Timothy Howard and Leanne Spencer have received a total of $6.3 million for defending the trio in shareholder suits since Fannie Mae was placed into a conservatorship last year. A close look at court documents indicates that Williams & Connolly, Zuckerman Spaeder and Mayer Brown are the firms representing the three executives.

Continue reading Regulator Reveals Litigation Costs for Ex-Fannie Mae Execs