FEDERAL HOME LOAN MORTG. v. SFR INVESTMENTS POOL 1

No. 16-15962.

893 F.3d 1136 (2018)

FEDERAL HOME LOAN MORTGAGE CORPORATION; Federal Housing Finance Agency, As Conservator of Freddie Mac; Federal National Mortgage Association, Plaintiffs-Appellees, v. SFR INVESTMENTS POOL 1, LLC, Defendant-Appellant, and Nevada New Builds, LLC; Las Vegas Development Group, LLC, Defendants.

United States Court of Appeals, Ninth Circuit.

Filed June 25, 2018.


Attorney(s) appearing for the Case

Karen L. Hanks (argued), Jesse N. Panoff , Diana Cline Ebron , Jacqueline A. Gilbert , and Howard C. Kim , Kim Gilbert Ebron, Las Vegas, Nevada; for Defendant-Appellant.

Michael A.F. Johnson (argued), Matthew J. Oster , Elliott C. Mogul , Dirk C. Phillips , Asim Varma , and Howard N. Cayne , Arnold & Porter Kaye Scholer LLP, Washington, D.C.; John D. Tennert III and Leslie Bryan Hart , Fennemore Craig P.C., Reno, Nevada; Michael W. Stark , Tennille J. Checkovich , and John H. Maddock III , McGuireWoods LLP, Richmond, Virginia; Robin E. Perkins and Amy Sorenson , Snell & Wilmer, Salt Lake City, Utah; for Plaintiffs-Appellees.

Before: M. Margaret McKeown and Kim McLane Wardlaw, Circuit Judges, and Gary S. Katzmann, Judge.


OPINION

The economic downturn following the subprime mortgage crisis of 2007 pushed to near default two government-sponsored enterprises that were heavily exposed to the housing market. The Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac," collectively...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases