Yesterday the Federal Housing Finance Agency (FHFA) in its capacity as conservator of Fannie Mae and Freddie Mac filed an Appearance and Conditional Objection regarding the proposed settlement between Bank of America and a group of 22 investors being currently considered by a New York court.

According to the FHFA, the pleading was filed to get any added relevant data regarding the matter. It said that it has no reason to raise a substantive objection to the proposed settlement at this time.

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