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Legal Opinion

Federal Home Loan Mortgage Corp. v. Superior Court

California Court of Appeal

Decided September 28, 1990No. B049809PublishedCited by 3 opinions

1Opinion of the Court

Opinion

JOHNSON, J.

We issued an order to show cause to determine whether petitioner Federal Home Loan Mortgage Corporation (Freddie Mac) should be granted priority in its claim against the estate of TMIC Insurance Company (TMIC). We conclude Freddie Mac is not entitled to priority and accordingly deny the petition.

Statement of Facts and Proceedings Below.

Freddie Mac is a United States corporate entity created pursuant to 12 United States Code sections 1451-1459 to develop a secondary mortgage market for conventional residential loans. Freddie Mac purchases residential mortgages and resells…

2Cases cited11 opinions

  1. United States v. City of New BritainSupreme Court of the United States · 1954
  2. Nathanson v. National Labor Relations BoardSupreme Court of the United States · 1952
  3. Sloan Shipyards Corp. v. United States Shipping Bd. Emergency Fleet CorporationSupreme Court of the United States · 1922
  4. County of Spokane v. United StatesSupreme Court of the United States · 1929
  5. United States v. EmorySupreme Court of the United States · 1941

6 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Texas Commerce Bank v. GaramendiCalifornia Court of Appeal · 1992
  2. PIMA Financial Service Corp. v. Intermountain Home Systems, Inc.District Court, D. Colorado · 1992
  3. Sunburst Bank v. Executive Life InsuranceCalifornia Court of Appeal · 1994

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