New York’s High Court to Hear CU Appeal of Mortgage Tax

The New York State Court of Appeals late Wednesday agreed to hear an appeal from Hudson Valley Federal Credit Union, which claims its status as a federally chartered credit union should exempt it from the state’s recordation transfer tax on all real estate transactions.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_457/cu-appeal-mortgage-tax-1027060-1.html

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