Minnesota: Counties sue Fannie Mae, Freddie Mac - TwinCities.com
The Hennepin County attorney's office has filed a
federal lawsuit against mortgage giants Fannie Mae and Freddie Mac,
claiming the companies illegally failed to pay required taxes on home
sales.
The class-action suit, filed on behalf of all 87 Minnesota
counties, is the latest in a string of similar lawsuits filed by other
states against federal government-sponsored Fannie Mae and Freddie Mac
in recent weeks.
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