Tenn. Latest To Sue Fannie, Freddie Over Unpaid RE Taxes

Law360, New York (July 31, 2012, 1:21 PM EDT) -- Fannie Mae and Freddie Mac were hit Monday with a putative class action by a Warren County, Tenn., official seeking to recoup allegedly unpaid property transfer taxes related to foreclosures, the latest in a slew of such cases launched in recent months.

Terry K. Smith, the register of deeds for Warren County, brought the action against Federal National Mortgage Association, aka Fannie Mae, and Federal Home Loan Mortgage Corp., aka Freddie Mac, as well as the Federal Housing Finance Agency, on behalf of all Tennessee county...
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