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U.S. Supreme Court

Jun. 30, 2016

A 9th Circuit Fannie Mae decision will be reviewed by the high court

The U.S. Supreme Court announced Tuesday that it would take up a foreclosure case in California that centers on whether the Federal National Mortgage Association, known more commonly as Fannie Mae, can be sued in state court.

By Joshua Sebold
Daily Journal Staff Writer

The U.S. Supreme Court announced Tuesday that it would take up a foreclosure case in California that centers on whether the Federal National Mortgage Association, or Fannie Mae, can be sued in state court.

A 9th U.S. Circuit Court of Appeals panel found in October 2014 that the organization could only be sued in federal court, but a dissenting judge's argument that Supre...

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