[DOWNLOAD] "Warren v. Government National Mortgage Association" by Eighth Circuit United States Court of Appeals # eBook PDF Kindle ePub Free

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eBook details

• Title: Warren v. Government National Mortgage Association
• Author : Eighth Circuit United States Court of Appeals
• Release Date : January 02, 1980
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 73 KB

Description

This is an appeal by Vivian Warren (plaintiff) from a final judgment in favor of Government National Mortgage Association (GNMA), holding no violation of her fifth amendment rights resulting from an extra-judicial foreclosure under a deed of trust. In her complaint, predicated principally under 28 U.S.C. § 1331 (federal question), plaintiff sought declaratory and mandamus relief.1 Plaintiff and her husband2 were the owners of a residence in Kansas City, Missouri, which they purchased in August of 1966 from the United States Department of Housing and Urban Development (HUD). As part of the purchase price, they executed a note, secured by a deed of trust, to the Federal National Mortgage Association nMA. Thereafter, by Congressional Act, FNMA was converted into GNMA, a private corporation wholly-owned by the federal government. 12 U.S.C. § 1716 Et seq. Plaintiff's note and deed of trust were transferred and assigned to GNMA. The deed of trust included a ""Power of Sale"" clause,3 which in the event of default permitted the trustee to initiate an extrajudicial foreclosure sale in accordance with Missouri statutory procedures.4

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