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PRINCIPAL RESIDENTIAL MORTG., INC. v. MAC-CLAIR MORTG. CORP.

No. 4:04-CV-90393.

336 F.Supp.2d 922 (2004)

PRINCIPAL RESIDENTIAL MORTGAGE, INC., Plaintiff, v. MAC-CLAIR MORTGAGE CORPORATION, Defendant.

United States District Court, S.D. Iowa, Central Division.

September 16, 2004.

Attorney(s) appearing for the Case

Kimberley K. Baer, Wandro & Associates PC, Des Moines, IA, for Plaintiff.

Dennis W. Johnson, Angela E. Dralle, Amy M. Omvig, Dorsey & Whitney, Des Moines, IA, for Defendant.

MEMORANDUM OPINION AND ORDER

PRATT, District Judge.

Plaintiff, Principal Residential Mortgage, Inc., is an Iowa corporation with its principal place of business in Des Moines, Iowa. Defendant, Mac-Clair Mortgage Corp., is a Michigan corporation with its principal place of business in Flint, Michigan. On December 18, 2000, Plaintiff and Defendant entered into a Whole Loan Sale Agreement (Agreement), whereby Defendant would submit for sale to Plaintiff residential...

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