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Ronald Vadnais, et al v. Federal National Mortgage, et al
Case Number:
13-2733
Court:
Nature of Suit:
Companies
Government Agencies
Sectors & Industries:
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June 06, 2014
8th Circ. Says Fannie, Freddie Exempt From Transfer Tax
Fannie Mae and Freddie Mac are exempt from paying state and local real estate transfer taxes, the Eighth Circuit ruled on Friday, in a move that follows the recent rulings of other circuit courts.
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December 04, 2013
Fannie, Freddie Tax Ruling Violates Law, 8th Circ. Told
A Minnesota district court brushed aside Swift County's argument that Congress cannot give preferential tax treatment to Fannie Mae and Freddie Mac without violating the Commerce Clause, the county said, claiming the trial court ignored U.S. Supreme Court precedent and obliterated the distinction between federal and state power.