Bristol County Commissioners sue for tax paymentsSouth Coas

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Bristol County Commissioners sue for tax payments

Bristol County Commissioners sue for tax payments

Wondering how many counties all over the US will follow? Same pattern used every where I’m sure.

South Coast Today-

The Bristol County Commissioners have sued in federal court to recover deed excise taxes they claim are owed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Deed excise taxes of $4.56 per $1,000 are owed when a new deed is recorded with the county. Fannie Mae and Freddie Mac long have claimed they are exempt from these taxes, but a recent federal court ruling in Michigan found this exemption invalid, according to a news release from the county commissioners.

[SOUTH COAST TODAY]

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One Response to “Bristol County Commissioners sue for tax payments”

  1. Charles Reed says:

    What about Ginnie Mae and every Government insured loan (FHA & VA) place in the Ginnie Mae Mortgage Backed Securities program. Mers Transfer Beneficial Rights – Option 1

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