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Morgan Stanley said Tuesday that it has agreed to pay $1.25 billion to resolve a lawsuit over mortgage securities with the Federal Housing Finance Agency, the regulator that oversees Fannie Mae and Freddie Mac.
Montgomery County officials are suing Fannie Mae and Freddie Mac for at least $75,000 in unpaid Maryland property transfer taxes.
A protest that was calm and peaceful took a turn just after 11 a.m. Thursday when the group moved into the street, blocking Wisconsin Avenue in both directions for about a half hour.
Fannie Mae is planning to pull out of the Monument IV building at 12900 Worldgate Drive in Herndon come June, casting another shadow over the building after its mortgage was transferred to a special servicer fearing just that possibility last spring.
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