Andrew Sandler quoted in Wall Street Journal article: "What Did Fannie, Freddie Know?"
Ruth Simon & Nick Timiraos
September 6, 2011
Andrew Sandler was quoted in the 9/6 Wall Street Journal article, "What Did Fannie, Freddie Know?"
The banks are likely to argue that Fannie and Freddie knew that the loans were risky and that losses were due to underlying economic conditions, not faulty underwriting. "It will become clear that the plaintiffs knew as much as the defendants about the quality of these loan portfolios," says Andrew Sandler, co-chairman of BuckleySandler LLP, a law firm representing banks in litigation and regulatory enforcement actions.