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PONCE FEDERAL BANK v. SECRETARY OF HUD

Civ. No. 86-0687 (RLA).

690 F.Supp. 1145 (1988)

PONCE FEDERAL BANK, FSB, Plaintiff, v. SECRETARY OF the DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OF the UNITED STATES, Defendant.

United States District Court, D. Puerto Rico.

August 3, 1988.

Attorney(s) appearing for the Case

William H. Preston, Jr., Trias Doval Muñoz Acevedo & Otero, San Juan, P.R., for plaintiff.

Miguel A. Fernández, Francisco A. Besosa, U.S. Attys. Office, Hato Rey, P.R., for defendant.

OPINION AND ORDER

ACOSTA, District Judge.

This case has been submitted, by joint stipulation of the parties, for adjudication without a hearing or trial.

The plaintiff's action for declaratory judgment at bottom involves the interpretation of 12 U.S.C. § 1703(f) of the National Housing Act of 1954. The defendant has moved the Court to dismiss this action alleging that declaratory relief would not resolve the controversy and thus would be purely...

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