A federal judge has directed regulators to stop blocking a hedge fund from conducting discovery into the government's decision to sweep Fannie Mae and Freddie Mac's profits in the coffers of the U.S. Treasury.

In making her decision, U.S. Court of Federal Claims Judge Margaret Sweeney dismissed objections raised by the Federal Housing Finance Agency.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.