When the Hernando County Clerk of Court decided to sue Fannie Mae and Freddie Mac this past week, it made me think “it’s about time”. One basis for the suit is that Fannie and Freddie enjoy an exemption from paying the documentary stamp tax on transfers of REO real estate, but that exemption is
...
06/24/2012
In a somewhat surprising revelation discovered by one of our clients, PNC Bank decided to take a payment from a savings bank account in the name of the borrower's 15 year old daughter, on which a parent (the borrower) was the custodian. The payment was for a home equity loan - not a traditional
...
06/06/2012
