Legal Opinion

Lightfoot v. Cendant Mortg. Corp.

Supreme Court of the United States

Decided January 18, 2017No. 14–1055PublishedCited by 203 opinions

1Opinion of the CourtJustice Sotomayor

The corporate charter of the Federal National Mortgage Association, known as Fannie Mae, authorizes Fannie Mae "to sue and to be sued, and to complain and to defend, in any court of competent jurisdiction, State or Federal." 12 U.S.C. § 1723a(a). This case presents the question whether this sue-and-be-sued clause grants federal district courts jurisdiction over cases involving Fannie Mae. We hold that it does not.

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During the Great Depression, the Federal Government worked to stabilize and strengthen the residential mortgage market. Among other things, it took steps to increase liquidity…

2Cases cited29 opinions

  1. Steel Co. v. Citizens for a Better EnvironmentSupreme Court of the United States · 1998
  2. Califano v. SandersSupreme Court of the United States · 1977
  3. Ruhrgas Ag v. Marathon Oil Co.Supreme Court of the United States · 1999
  4. Pennoyer v. NeffSupreme Court of the United States · 1878
  5. Osborn v. Bank of United StatesSupreme Court of the United States · 1824

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3Cited by203 opinions

  1. fhlmc/freddie Mac v. Sfr Investments Pool 1, LLCCourt of Appeals for the Ninth Circuit · 2018
  2. In re Marriage of WilliamsSupreme Court of Kansas · 2018
  3. Coscarelli v. Esquared Hospitality LLCDistrict Court, S.D. Illinois · 2019
  4. Shabtai Shatsky v. Palestine Liberation OrganizationCourt of Appeals for the D.C. Circuit · 2020
  5. Michael Molock v. Whole Foods Market, Inc.Court of Appeals for the D.C. Circuit · 2020

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