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DARR v. FIRST FEDERAL S & L ASS'N

Docket No. 71078.

146 Mich. App. 568 (1985)

381 N.W.2d 769

DARR v. FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF DETROIT

Michigan Court of Appeals.

Decided October 22, 1985.

Attorney(s) appearing for the Case

Cummings, McClorey, Davis & Acho, P.C. (by Owen J. Cummings), for plaintiffs.

Clark, Klein & Beaumont (by David M. Hayes and Thomas S. Nowinski), for defendant.

Amici Curiae:

Federal Home Loan Mortgage Corporation (by Maud Mater, Vice President and General Counsel, Gary S. Smuckler, Deputy General Counsel, and Garrett C. Burke, Associate General Counsel).

Federal Home Loan Bank Board (by Ralph W. Christy, Deputy General Counsel, Harvey Simon, Associate General Counsel, and John E. Gunther, Deputy Director, Litigation Division).

Before: R.M. MAHER, P.J., and D.E. HOLBROOK, JR., and S.J. LATREILLE, JJ.

PER CURIAM.

Defendant, First Federal Savings and Loan Association of Detroit, appeals as of right from a judgment of the Wayne County Circuit Court entered in April, 1983, which enjoined it from foreclosing on certain property. First Federal's position was that foreclosure was authorized because the mortgagors had defaulted by not paying the balance of the loan after they had sold the property on land contract without...

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