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No Jurisdiction From Fannie Mae Charter (access required)

Defendants fighting a completed foreclosure can’t remove an unlawful detainer action from state court to federal court; the Richmond U.S. District Court says the “sue and be sued” provision in Fannie Mae’s federal charter does not confer jurisdiction on this court, and the case is remanded to state court. On July 30, 2012, OneWest Bank FSB ...

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