US Jumps Into Latest Fannie, Freddie Tax Liability Case

Law360, New York (March 6, 2014, 3:42 PM EST) -- The United States on Thursday moved to intervene in an appeal against Fannie Mae and Freddie Mac by Ohio's Montgomery County Board of Commissioners, which is trying to declare that the loan companies' exemption from having to pay taxes is unconstitutional.

The federal government often intervenes in taxation cases filed against Fannie and Freddie and has, to date, won more than a dozen similar cases. But this doesn't stop municipalities from repeatedly trying their luck. Led by Montgomery County, this latest suit contends that since 2002,...
To view the full article, register now.




Case Information

Case Title

Board Of Commissioners, et al v. Fed Housing Finance Agency, et al

Case Number



Appellate - 6th Circuit

Nature of Suit

4950 Constitutional - State Statute

Date Filed

December 8, 2013

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.