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CAPE MAY COUNTY, NEW JERSEY et al v. FEDERAL NATIONAL MORTGAGE ASSOCIATION et al
Case Number:
1:12-cv-04712
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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April 30, 2013
Fannie, Freddie Exempt From NJ Transfer Taxes, Judge Rules
A New Jersey federal judge on Tuesday dismissed a putative class action launched by Cape May County, N.J., alleging that Fannie Mae and Freddie Mac failed to pay transfer taxes on foreclosures in multiple states, agreeing that federal law exempts the mortgage giants from all taxation.
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July 30, 2012
NJ County Fights Fannie, Freddie Over Foreclosure Fees
Cape May County, N.J., joined the flurry of litigation against Fannie Mae and Freddie Mac over unpaid transfer taxes, alleging in its own putative class action Friday that the companies failed to meet their tax obligations relating to foreclosures in 37 states.