''Macon County is the latest Illinois county to file a lawsuit against Fannie Mae and Freddie Mac over failing to pay real estate transfer taxes on foreclosure properties.
Officials in the central Illinois county
filed suit Dec. 4 in federal court in Springfield, asking a judge to
order the two federal mortgage finance companies, as well as the Federal Housing Finance
Agency, which oversees them, to pay the transfer taxes; issue a
declaration that they are subject to having to pay them; and award
damages, interest, penalties, costs and attorney fees.''
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