New York Guardian Mortgagee Corp. v. Cleland
District Court, S.D. New York
1Opinion of the Court
LASKER, District Judge.
This action arises on cross motions for summary judgment. The New York Guardian Mortgagee Corp. (“Guardian”) seeks to recover from the Veterans Administration (“VA”) on eight claims totalling $96,775. plus interest stemming from VA guarantees of home loans. The VA seeks dismissal of these claims.
I
FACTS
The case involves the interplay of two closely related federal programs — the Mortgage Backed Securities Program of the Government National Mortgage Association (GNMA) and the Home Loan Guaranty Program of the VA — both of which have as their purpose the encouragement of…
2Cases cited33 opinions
- United States v. Aetna Casualty & Surety Co.Supreme Court of the United States · 1950
- Keifer & Keifer v. Reconstruction Finance Corp.Supreme Court of the United States · 1939
- National Labor Relations Board v. Nash-Finch Co.Supreme Court of the United States · 1971
- Reconstruction Finance Corporation v. JG Menihan Corp.Supreme Court of the United States · 1941
- Goodman v. NiblackSupreme Court of the United States · 1881
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- Fantasy, Inc. v. FogertyDistrict Court, N.D. California · 1987
- Milner v. BolgerDistrict Court, E.D. California · 1982
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