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FEDERAL HOME LOAN MORTG. v. PEREGRINE HALL ASSOC.

No. 92 Civ. 7947 (VLB).

832 F.Supp. 743 (1993)

FEDERAL HOME LOAN MORTGAGE CORPORATION, Plaintiff, v. PEREGRINE HALL ASSOCIATES, L.P., Peregrine Inc., Village of Highland Falls, People of the State of New York, State of New York, and John Doe Nos. 1 to 20, Defendants.

United States District Court, S.D. New York.

September 28, 1993.

Attorney(s) appearing for the Case

Thomas B. Decea, Cooper, Liebowitz, Royster & Wright, Elmsford, NY, for plaintiff.

Peregrine Hall Associate, L.P. and Peregrine, Inc., pro se.

John H. Thomas, Jr., Jacobowitz and Gubits, Walden, NY, for defendant Village of Highland Falls.

Robert Abrams, Atty. Gen., New York, NY, for defendant People of the State of New York.

David L. Rider, Rider, Weiner, Frankel & Calhelha, Newburgh, NY, for receiver for related property.

MEMORANDUM ORDER

VINCENT L. BRODERICK, District Judge.

I

This mortgage foreclosure suit presents issues relating to the routine naming of municipalities as defendants by federal mortgage agencies to preserve the right of the agencies to attempt to foreclose possible local government liens where owners default on federally granted, insured or acquired mortgages.

The action is brought by plaintiff Federal Home Loan Mortgage Corporation...

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