Becker County joins low-risk tax lawsuit against Fannie Mae
Fannie Mae and Freddie Mac say they are exempt from paying deed transfer taxes on foreclosed property they have handled -- so Becker County has joined a class action lawsuit against the two large mortgage agencies.
It's a low-risk, low-reward proposition for Becker County, since the county only has to help pay for the lawsuit if it is successful -- and it doesn't stand to gain a whole lot even if it wins.
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