DC Circuit - The FindLaw DC Circuit Court of Appeals Opinion Summaries Blog

February 2017 Archives

Investors in Fannie and Freddie Lose Post-Bailout Profit

Have you ever worried about how you were going make that next payment on your house or apartment?

Now think about how it must have been in 2008, when the nation's largest mortgage lenders were about $200 billion short. It was a mortgage crisis that triggered the Great Recession, America's biggest economic meltdown in almost a century.

It may feel like those days are behind us, but they aren't for everybody. Investors in Fannie Mae and Freddie Mac, the largest lenders at the time, say they did not get the money they were due in the subsequent economic recovery. And a federal court of appeals just made it a little more difficult for those investors.

Appeals Court Upholds DC Sign Law

Sign, sign, everywhere a sign.

Well, only for 30 days after an event in Washington, D.C.

That's the gist of a ruling by the U.S. Circuit Court of Appeals for the District of Columbia after two activist groups claimed the district's sign law violated the First Amendment. The ordinance allows signs to be posted on lampposts for up to 180 days, except that event signs must be removed at least 30 days after an event.

The federal appeals court acknowledged that the law may favor non-event signs, but it does not violate free speech rights. The court reversed a trial judge's decision in the case and vacated a sanctions award against the defendant.