Fannie, Freddie Sued in South Florida Over Unpaid Transfer Taxes

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Fannie, Freddie Sued in South Florida Over Unpaid Transfer Taxes

Fannie, Freddie Sued in South Florida Over Unpaid Transfer Taxes

Business Week-

Fannie Mae and Freddie Mac, the home mortgage-finance companies now under government control, were accused by Miami-Dade County, Florida, of failing to pay transfer taxes when they took ownership and sold thousands of foreclosed properties.

Harvey Ruvin, clerk of the courts for Miami-Dade County, sued the mortgage finance companies in federal court in Miami Oct. 29 alleging Fannie Mae (FNMA) and Freddie Mac improperly claimed they’re exempt from paying the tax, which amounts to 60 cents per $100 of the value of single-family residences.

[BUSINESS WEEK]

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One Response to “Fannie, Freddie Sued in South Florida Over Unpaid Transfer Taxes”

  1. Don Day says:

    IMPORTANT INFOR REQUEST PLEASE ANSWER IF POSSIBLE!!! I have 8 buines days left to file an appeal from a rubber stamp foreclosure hearing at the Clerk of Court’s office. I have been told that my loan is a GSE_FREDDIE MAC loan, This information has come from BANA, the ‘servicer”. I received a mailing today regarding that conversation with the following Upper right corner front page has this “C3_1908 Investor Inquiry-GSE 14870 05/02/2012” On rear of page it has “Investor’s Name: DEUTSCHE FFMLT 2006-FF16(732)”. The foreclosure was broght forth under the name “DEUTSCHE BANK NATIONAL TRUST COMPANY AS TRUSEE FOR FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF16”. Can any make heads or tails of this information?

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