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SATICOY BAY LLC v. FEDERAL NAT. MORTG.

No. 69419.

417 P.3d 363 (2018)

134 Nev. Adv. Opn. 36

SATICOY BAY LLC SERIES 9641 CHRISTINE VIEW, Appellant, v. FEDERAL NATIONAL MORTGAGE ASSOCIATION, Respondent.

Supreme Court of Nevada.

FILED May 17, 2018.

Attorney(s) appearing for the Case

Kim Gilbert Ebron and Karen L. Hanks and Jacqueline A. Gilbert , Las Vegas; Law Offices of Michael F. Bohn, Ltd., and Michael F. Bohn , Las Vegas, for Appellant.

Lemons, Grundy & Eisenberg and Robert L. Eisenberg , Reno; Aldridge Pite, LLP, and Jory C. Garabedian , Laurel I. Handley , and Anthony R. Sassi , Las Vegas, for Respondent.

Arnold & Porter LLP and Michael A.F. Johnson and Howard N. Cayne , Washington, D.C.; Fennemore Craig P.C. and Leslie L. Bryan-Hart and John D. Tennert , Reno, for Amicus Curiae Federal Housing Finance Agency.

BEFORE THE COURT EN BANC.

OPINION

In 2008, the Federal Housing Finance Agency (FHFA) placed respondent Federal National Mortgage Association (Fannie Mae) into conservatorship pursuant to the Housing and Economic Recovery Act (HERA). As conservator, the FHFA is authorized to take over and preserve Fannie Mae's assets and property...

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