Relevant:
- FHFA Wants Money Transferred from Local Government to Bondholders
- The megabillions tax claims facing Fannie Mae and Freddie Mac
- Finally A MERS Lawsuit With Some Cojones
- How states that carried Trump to victory avoid one sticky part of the tax bill
- Summit County files lawsuit against mortgage buyer Freddie Mac - Break News
2012-07-21 — creditslips.org
FHFA has sued the State of Illinois and some local government units claiming that Fannie Mae and Freddie Mac are exempt from state and local real estate transfer taxes. FHFA's argument is basically that the GSEs are subject only to non-discriminatory real estate taxes and real estate transfer taxes aren't real estate taxes.
Zhuuuuuup. Yes,
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