Legal Opinion
Federal Home Loan Mortgage Corp. v. Peregrine Hall Associates, L.P.
District Court, S.D. New York
Decided September 28, 1993No. 92 Civ. 7947 (VLB)Published
1Opinion of the Court
MEMORANDUM ORDER
VINCENT L. BRODERICK, District Judge.
I
This mortgage foreclosure suit presents issues relating to the routine naming of municipalities as defendants by federal mortgage agencies to preserve the right of the agencies to attempt to foreclose possible local government liens where owners default on federally granted, insured or acquired mortgages.
The action is brought by plaintiff Federal Home Loan Mortgage Corporation (“FHLMC”) pursuant to 12 U.S.C. § 1452(e) against several defendants, including the Village of Highland Falls (the “Village”). The plaintiffs application for the…
2Cases cited6 opinions
- First National Bank v. BrowerNew York Court of Appeals · 1977
- Mead v. First Trust & Deposit Co.Appellate Division of the Supreme Court of the State of New York · 1977
- Schueler v. Roman Asphalt Corp.District Court, S.D. New York · 1993
- Rivervale Realty v. Town of Orangetown, NYDistrict Court, S.D. New York · 1993
- Massachusetts Mutual Life Insurance v. Transgrow Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1984
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