More specifically, when a property secured by one of Fannie Mae's mortgage interests is foreclosed upon, Fannie Mae takes ownership of the property-a 'real estate owned' (REO) property-to manage and eventually sell it.

Due to its mortgage investments, Fannie Mae owns real estate throughout the United States. 12-21.Д«y way of background, Fannie Mae is a publicly traded company created by congressional charter to support the national housing market by investing in mortgage loans. Fannie Mae counters that it was because she violated company policy by engaging in an improper relationship with an outside real estate broker. Sandidge maintains that she was fired because of her gender and age.

The reason for her termination lies at the heart of this suit. Defendant Fannie Mae terminated Plaintiff Lynette Sandidge (Sandidge) from her position as a sales representative with Fannie Mae in January 2013. This is an employment discrimination case. For the following reasons, the Court GRANTS Fannie Mae's Motion. UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS DALLAS DIVISIONД«efore the Court is Defendant Federal National Mortgage Association a/k/a Fannie Mae's (Fannie Mae) Motion for Summary Judgment. FEDERAL NATIONAL MORTGAGE ASSOCIATION a/k/a FANNIE MAE, Defendant.

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