GOP Rep. demanding answers on Fannie, Freddie legal agreements

The Hill reports:

A top House Republican is concerned that former executives with Fannie Mae and Freddie Mac may have signed comprehensive legal protection agreements to guard themselves from earlier wrongdoing.

Rep. Randy Neugebauer (R-Texas), the chairman of the oversight panel of the House Financial Services Committee, is demanding documents detailing why the executives asked for and received new legal indemnity agreements months after regulators said they would delve into accounting practices that had come into question.

No word yet from Rahm Emanuel on this one.