Sections
Advertisement

Becker County joins low-risk tax lawsuit against Fannie Mae

Email

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.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
Advertisement