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LIBERTY MORTGAGE BANKING, LTD. v. FEDERAL HOME LOAN MORTGAGE CORPORATION

No. CV 90-4046.

822 F.Supp. 956 (1993)

LIBERTY MORTGAGE BANKING, LTD., Kenneth A. Ashley & Yoel Movtady, Plaintiffs, v. FEDERAL HOME LOAN MORTGAGE CORPORATION, d/b/a Freddie Mac, Defendant.

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

May 28, 1993.

Attorney(s) appearing for the Case

Speno, Goldman, Goldberg, Steingart & Penn, P.C. by Peter Sullivan, Mineola, NY, for plaintiffs.

Elizabeth Sullivan, McLean, VA, for defendant.

ORDER

WEXLER, District Judge.

Liberty Mortgage Corp. ("Liberty" or "plaintiff"), brought suit against the Federal Home Loan Mortgage Corp. ("Freddie Mac" or "defendant") alleging that Freddie Mac violated its due process rights under the Fifth Amendment of the Constitution when it terminated Liberty's service agreement. Plaintiff also brought suit against Freddie Mac under 42 U.S.C. § 1983 and the New York state constitution alleging that Freddie...

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