Legal Opinion

U.S. Bank Nat'l Ass'n v. SFR Invs. Pool 1, LLC

District Court, D. Nevada

Decided March 27, 2019No. Case No.: 2:17-cv-01500-JAD-PALPublishedCited by 6 opinions

1Opinion of the Court

Jennifer A. Dorsey, U.S. District Judge

In SFR Investments Pool 1 v. US Bank , the Nevada Supreme Court held that a properly conducted nonjudicial foreclosure *1087sale by a homeowners' association to enforce a superpriority lien extinguishes a first deed of trust.1 U.S. Bank National Association, as Trustee for Bank of America Funding 2006-G Trust, brings this diversity action to determine the effect of the 2013 foreclosure sale of a home on which the bank claims a deed of trust securing a mortgage on the property. U.S. Bank sues SFR Investments Pool 1, LLC, who purchased the property at the…

2Cases cited10 opinions

  1. Gary R. Eitel v. William D. McCoolCourt of Appeals for the Ninth Circuit · 1986
  2. Bourne Valley Court Trust v. Wells Fargo Bank, NACourt of Appeals for the Ninth Circuit · 2016
  3. SFR Invs. Pool 1, LLC v. Bank of N.Y. MellonNevada Supreme Court · 2018
  4. Owen v. United StatesCourt of Appeals for the Ninth Circuit · 1983
  5. Weeping Hollow Avenue Trust v. Ashley SpencerCourt of Appeals for the Ninth Circuit · 2016

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3Cited by6 opinions

  1. US Bank v. Thunder Properties, Inc.Court of Appeals for the Ninth Circuit · 2020
  2. Ditech Financial LLC v. Talasera and Vicanto Homeowners' AssociationDistrict Court, D. Nevada · 2019
  3. Nationstar Mortgage LLC v. Shenandoah Owners Association, Inc.District Court, D. Nevada · 2020
  4. Nationstar Mortgage, LLC v. Copper Sands Homeowners Association, Inc.District Court, D. Nevada · 2020
  5. U.S. BANK N.A. v. THUNDER PROPERTIES, INC. (NRAP 5)Nevada Supreme Court · 2022

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