Speculators in Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA)'s and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)'s common stock are gearing up again on hopes a lawsuit will fare better in appellate court or other suits will gain traction.
Both Perry Capital and Fairholme gave indications of pursuing with their suit.
Fannie Mae, Freddie Mac: Court’s dismissal of two suits
As reported on Tuesday, a judge in the U.S. District Court for the District of Columbia dismissed claims brought against the federal government and U.S. officials by...