Legal Opinion

Federal Housing Finance Agency v. Countrywide Financial Corp.

District Court, C.D. California

Decided October 18, 2012No. Case Nos. 2:11-ML-02265-MRP (MANx), 2:12-CV-1059 MRP (MANx)PublishedCited by 18 opinions

1Opinion of the Court

Order Re Motions to Dismiss the First Amended Complaint

MARIANA R. PFAELZER, District Judge.

The Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) are government-sponsored enterprises (“GSE,”) private corporations chartered by Congress to provide stability in the United States mortgage market, assist in the provision of affordable housing and increase liquidity of mortgage investments. On July 30, 2008, in the midst of the housing crisis, Congress passed the Housing and Economic Recovery Act of 2008 (“HERA,”) which created the…

2Cases cited31 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Johnson v. United StatesSupreme Court of the United States · 2010
  3. National Ass'n of Home Builders v. Defenders of WildlifeSupreme Court of the United States · 2007
  4. United States v. GonzalesSupreme Court of the United States · 1997
  5. Order of Railroad Telegraphers v. Railway Express Agency, Inc.Supreme Court of the United States · 1944

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3Cited by18 opinions

  1. Federal Housing Finance Agency v. UBS Americas Inc.Court of Appeals for the Second Circuit · 2013
  2. National Credit Union Administration Board v. Nomura Home Equity Loan, Inc.Court of Appeals for the Tenth Circuit · 2014
  3. Sisti v. Fed. Hous. Fin. AgencyDistrict Court, D. Rhode Island · 2018
  4. In re Countrywide Financial Corp. Mortgage-Backed Securities LitigationDistrict Court, C.D. California · 2013
  5. Fed. Hous. Fin. Agency, Home Loan Mortg. Corp. v. LN Mgmt. LLCDistrict Court, D. Nevada · 2019

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