United States v. Cradit

RULING ON MOTION FOR SUMMARY JUDGMENT

ROTH, District Judge.

The defendants procured a mortgage loan from the Curnow Mortgage Corporation in July, 1961, which the Administrator of Veterans Affairs guaranteed up to $7,500.00. Subsequently the defendants defaulted on the note; and on June 25, 1963, the Administrator paid $2,677.16 to the Prudential Insurance Company, as evidenced by the affidavit of John Steinkraus, Accounting Technician for the Veterans Administration. Adjustments were made for taxes paid after foreclosure and the United States now brings suit under Title 28, Section 1345,…