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McEWEN v. FEDERAL NAT. MORTG. ASS'N

No. 95 C 2857. Bankruptcy No. 95B1632.

194 B.R. 594 (1996)

Curtis C. McEWEN, Appellant, v. FEDERAL NATIONAL MORTGAGE ASSOCIATION, Appellee.

United States District Court, N.D. Illinois, Eastern Division.

March 27, 1996.

Attorney(s) appearing for the Case

Ronald B. Lorsch, Mathias & Schmarak, Chicago, IL, Jeffrey B. Rose, Tishler & Wald, Ltd., Chicago, IL, for appellant Curtis C. McEwen.

Francis L. Keldermans, McBride, Baker & Coles, Chicago, IL, for appellee Federal National Mortgage Association.

MEMORANDUM OPINION

GRADY, District Judge.

This is an appeal from a final order of the bankruptcy court of the Northern District of Illinois denying debtor Curtis C. McEwen's motion to vacate the bankruptcy court's previous order modifying the automatic stay to allow the Federal National Mortgage Association ("FNMA") to acquire McEwen's residence in a foreclosure sale.

BACKGROUND

FNMA was the holder of the promissory...

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