Federal Deposit Insurance Corporation v. Marcelino Roldan Fonseca
Court of Appeals for the First Circuit
1Opinion of the Court
TORRUELLA, Circuit Judge.
This is an appeal from a summary judgment in an action by the Federal Deposit Insurance Corporation (FDIC) seeking foreclosure of mortgage and collection of monies under 12 U.S.C. § 1819. Jurisdiction is predicated on 28 U.S.C. § 1345. We affirm.
I
Appellants . Marcelino Roldán-Fonseca and his wife Felicita Aponte purchased in 1977 a piece of real property encumbered with a first mortgage lien guaranteeing a $13,000 note. Appellants assumed said mortgage and in addition executed a second mortgage on the property to secure a $16,000 promissory note in favor of the…
2Cases cited19 opinions
- Federal Crop Ins. Corp. v. MerrillSupreme Court of the United States · 1947
- United States v. SummerlinSupreme Court of the United States · 1940
- Federal Deposit Insurance Corporation v. The Merchants National Bank of MobileCourt of Appeals for the Eleventh Circuit · 1984
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Jack H. Harrison and Frederick G. RixeyCourt of Appeals for the Eleventh Circuit · 1984
- M.D. Phelps and Irene K. Phelps v. Federal Emergency Management AgencyCourt of Appeals for the First Circuit · 1986
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- Federal Deposit Insurance v. NibloDistrict Court, N.D. Texas · 1993
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