Summary Judgment Affirmed In Fannie Mae Lawsuit Over HOA Foreclosure

Mealey's (July 12, 2022, 1:34 PM EDT) -- PASADENA, Calif. — A federal district court did not err in granting a motion for summary judgment filed by mortgage lender Federal National Mortgage Association (Fannie Mae) and a mortgage loan servicer in a homeowners association (HOA) foreclosure dispute because Fannie Mae showed that it had an ownership interest at the time of the HOA foreclosure sale, a Ninth Circuit U.S. Court of Appeals panel ruled July 7 in affirming....