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FREEDOM MORTG. CORP. v. LAS VEGAS DEV. GROUP

Case No. 2:14-cv-01928-JAD-NJK.

106 F.Supp.3d 1174 (2015)

FREEDOM MORTGAGE CORPORATION, Plaintiff, v. LAS VEGAS DEVELOPMENT GROUP, LLC, Maria Teresa Castro, Tierra de las Palmas Owners Association, Defendants.

United States District Court, D. Nevada.

Signed May 19, 2015.

Attorney(s) appearing for the Case

Kevin Hahn , Malcolm & Cisneros, Irvine, CA, for Plaintiff.

Roger P. Croteau , Roger P. Croteau & Associates, Ltd., Carolyn M. Broussard , Upson Smith , Las Vegas, NV, for Defendants.

Order Granting Motion to Dismiss

In the years following Las Vegas's real estate crash, lenders and investors were at loggerheads over the legal effect of a homeowners association's (HOA's) nonjudicial foreclosure of a superpriority lien on a lender's first trust deed. The Nevada Supreme Court settled...

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