The Securities and Exchange Commission (SEC) is in the process of settling old debts related to the accounting scandal that shook up government-sponsored enterprise Fannie Mae a few years back.
The Securities and Exchange Commission confirmed on Monday that $357 million in Fair Funds will be distributed to certain Fannie Mae stockholders in the future. The proprietors of the funds will mainly be those stock holders who purchased investments between the dates of Jan. 14, 1999 to Dec. 22, 2004.

“We are pleased to announce the start of the Fannie Mae distribution process,” said Linda Chatman Thomsen, director of the SEC’s Division of Enforcement. “This expeditious distribution process illustrates the commission’s continuing commitment to improving the speed with which funds are returned to defrauded investors in SEC enforcement actions.”
The Fair Fund follows a rocky period in Fannie Mae history in which the lending giant was accused of misleading the SEC by providing false and misleading financial statements.
Investors with questions about the Fair Fund Distribution can obtain information through the following channels:
1. Call toll-free: 1.800.760.6903 (Monday-Friday; 9 a.m.-7 p.m.)
2. Visit the settlement Web site: www.SECFannieMaeSettlement.com
3. E-mail: mail@SECFannieMaeSettlement.com
4. Write to: SEC Fannie Mae Settlement, 201 S. Lyndale Ave., Suite S-3; P.O. Box 1883, Faribault, Minnesota 55021-7138