Resolution Trust Corp. v. Gosbee
North Dakota Supreme Court
1Opinion of the Court
NEUMANN, Justice.
John Gosbee appeals from a summary judgment foreclosing a mortgage held by Resolution Trust Corporation (RTC) on his property and dismissing without prejudice Gosbee’s counterclaim against RTC pending exhaustion of administrative remedies. We affirm.
In December 1982, Midwest Federal Savings and Loan Association of Minot loaned Gosbee $45,500. Gosbee executed a promissory note and gave the bank a mortgage on his Morton County property to secure the debt. When the bank faded in 1990, the RTC was appointed its receiver.
In 1993, the amount due each month under the note and…
2Cases cited14 opinions
- Charlotte Bueford v. Resolution Trust Corporation, as Receiver for United Federal Savings Bank of IowaCourt of Appeals for the Eighth Circuit · 1993
- Hummel v. Mid Dakota Clinic, P.C.North Dakota Supreme Court · 1995
- Federal Land Bank of Saint Paul v. AndersonNorth Dakota Supreme Court · 1987
- Gress v. KocourekNorth Dakota Supreme Court · 1988
- Rose v. HechtCalifornia Court of Appeal · 1949
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