Statement by Federal Housing Finance Agency on FHFA Lawsuit Against Illinois Tax Officials

July 3rd, 2012

As previously reported the FHFA has filed a lawsuit in the State of Illinois asserting that Fannie Mae and Freddie Mac are exempt from the Illinois transfer taxes.

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About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees  and a handful of contractors performing services in the Midwest, to a national company with nearly 1,000 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.

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