Spokane, WA sues Fannie Mae & Freddie Mac

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Spokane, WA sues Fannie Mae & Freddie Mac

Spokane, WA sues Fannie Mae & Freddie Mac

The Seattle Times-

The city of Spokane has filed suit against Fannie Mae and Freddie Mac, contending the corporations improperly claimed they were exempt from paying the state’s real estate excise tax.

[…]

The lawsuits were filed this week in federal court, and officials for the city claim it has been cheated out of hundreds of thousands of dollars.

[THE SEATTLE TIMES]

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