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JPMORGAN CHASE v. SFR INVESTMENTS POOL 1

No. 77010.

475 P.3d 52 (2020)

136 Nev. Adv. Opn. 68

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a National Association, Appellant, v. SFR INVESTMENTS POOL 1, LLC, a Nevada Limited Liability Company, Respondent.

Supreme Court of Nevada.

Filed October 29, 2020.

Attorney(s) appearing for the Case

Ballard Spahr LLP and Abran E. Vigil , Holly A. Priest , and Joel E. Tasca , Las Vegas; Ballard Spahr LLP and Matthew D. Lamb , Washington, D.C., for Appellant.

Kim Gilbert Ebron and Jacqueline A. Gilbert , Diana S. Ebron , and Caryn R. Schiffman , Las Vegas, for Respondent.

Fennemore Craig P.C. and Leslie Bryan Hart and John D. Tennert III , Reno, for Amicus Curiae Federal Housing Finance Agency.

BEFORE THE COURT EN BANC.

OPINION

We have previously held that the Federal Foreclosure Bar, 12 U.S.C. § 4617(j)(3), preempts NRS 116.3116 and prevents a homeowners' association (HOA) foreclosure sale from extinguishing a first deed of trust that secures a loan owned by the Federal Housing Finance Agency (FHFA) or by a federal...

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