PEOPLES MORTG. CO., INC. v. FEDERAL NAT. MORTG. ASS'N

Civ. A. No. 92-7275.

856 F.Supp. 910 (1994)

PEOPLES MORTGAGE COMPANY, INC., v. FEDERAL NATIONAL MORTGAGE ASSOCIATION, d/b/a Fannie Mae.

United States District Court, E.D. Pennsylvania.

May 19, 1994.


Attorney(s) appearing for the Case

George W. Croner, Kohn, Savett, Klein & Graf, P.C., Philadelphia, PA, for Peoples Mortg. Co., Inc.

Sandra A. Girifalco, Andre L. Dennis, Nicholas Deenis, Jeffrey M. Lindy, Stradley, Ranon, Stevens & Young, Philadelphia, PA, for Federal Nat. Mortg. Ass'n.

Lawrence J. Schempp, Cohen, Shapiro, Polisher, Shiekman & Cohen, Judah I. Labovitz, Philadelphia, PA, for Meridian Mortg. Corp.


MEMORANDUM

GILES, District Judge.

Federal National Mortgage Association ("Fannie Mae" or "FNMA"), moves for summary judgment as to all of Peoples Mortgage Company's ("Peoples") claims. Peoples moves for summary judgment as to Count IV of Fannie Mae's Amended Counterclaim. For the reasons stated below, both motions are granted.

I. JURISDICTION

Peoples brought this action in the...

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