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Real Estate & Property Law

: Housing Wire

Fannie Mae Holding IndyMac Deal ?Hostage,? Sources Say

By TERI BUHL

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As the Federal Deposit Insurance Corp. continues to work a backroom deal with a private equity consortium known as HoldCo, consisting of Dune Capital Management, JC Flowers & Co., and Paulson & Co. — a group that has apparently won the bid for IndyMac Federal Bank — mortgage finance giant Fannie Mae (FNM: 0.7149 +3.61%) [...]

Full post as published by Housing Wire on December 30, 2008 (boomark / email).

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