Legal Opinion
Cadle Co. v. Bankers Federal Savings FSB
District Court, E.D. New York
Decided July 1, 1996No. 1:95-cv-04892PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
GLASSER, District Judge:
FACTS
On December 22,1986, defendant Bankers Federal Savings issued a mortgage to the Glenwood Management Company in the amount of $775,000.00, secured by the premises at 2610 Glenwood Road. Title to the property thereafter was conveyed to 2610 Glenwood Owners Corp., a cooperative apartment corporation, subject to Banker Federal’s mortgage. On December 30,1987, Bankers Federal sold a 90% interest in a pool of mortgages to Beacon Federal Savings Bank (the “Loan Participation Agreement”). Included in this pool was the mortgage secured by the property…
2Cases cited6 opinions
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- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Wilton v. Seven Falls Co.Supreme Court of the United States · 1995
- Quackenbush v. Allstate InsuranceSupreme Court of the United States · 1996
- Brillhart v. Excess Insurance Co. of AmericaSupreme Court of the United States · 1942
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3Cited by7 opinions
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