Fannie Mae, Freddie Mac Sued Over Transfer-Tax Nonpayment

, Texas Lawyer

   | 0 Comments

A nationwide suit on behalf of county land officials is challenging Fannie Mae and Freddie Mac's refusal to pay transfer fees on property. The suit, filed in federal court in Camden, N.J., on July 27, charges that the federally chartered finance companies "have engaged in a nationwide effort to avoid their financial obligations . . . by claiming inapplicable exemptions and depriving counties and states of sorely needed revenue."

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to LexisAdvance®.

Continue to LexisAdvance®

Not a LexisAdvance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via LexisAdvance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202565909037

Thank you!

This article's comments will be reviewed.