Fannie Mae-No Politics (FNMA)

[bcde]

"In DOJ litigation, proceeds go into the U.S. Treasury General Fund. There is no provision for delivery of those proceeds to third parties that may have been on the periphery of the settlement. Any such claims would only have claimant status if the party was a named plaintiff in the original suit as filed before the court. "

What happens to fraud victims?

In this case, banks defrauded FnF through mispresentation and caused losses to FnF. It is FHFA who sued banks and settled with banks. It is not DOJ who sued banks. DOJ attorneys represented FHFA.