GSEs Sued Over RE Tax Payments

The city of Bridgeport, Conn., has sued Fannie Mae and Freddie Mac for failing to pay an excise tax to municipalities and the state on properties sold.

  • 23 Aug 2012

The city of Bridgeport, Conn., has sued Fannie Mae and Freddie Mac for failing to pay an excise tax to municipalities and the state on properties sold. The government-sponsored enterprises say they are exempt as government entities, a claim the city denies.

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