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  5. 44 F.Supp.2d 781 (1999)
 

FEDERAL DEPOSIT INS. CORP. v. S.A.S. ASSOCIATES

No. 2:97cv1173.

44 F.Supp.2d 781 (1999)

FEDERAL DEPOSIT INSURANCE CORPORATION and WRH Mortgage, Inc., Plaintiffs, v. S.A.S. ASSOCIATES et al., Defendants.

United States District Court, E.D. Virginia, Norfolk Division.

April 23, 1999.

Attorney(s) appearing for the Case

William C. Bischoff, Stallings and Richardson, P.C., Virginia Beach, VA, Frederick A. Douglas, Thomas D. Bridenbaugh, Leftwich & Douglas, P.L.L.C., Washington, DC, for plaintiffs.

Jon D. Becker, Andrew I. Becker, Diamonstein, Becker & Staley, P.L.C., Virginia Beach, VA, for defendants.

OPINION & ORDER

PRINCE, United States Magistrate Judge.

This case involves the Financial Institutions Reform, Recovery and Enforcement Act ("FIRREA"), 12 U.S.C. § 1821 et seq. (1998). The plaintiffs, the Federal Deposit Insurance Corporation ("FDIC") and WRH Mortgage, Inc. ("WRH"), seek a declaratory judgment either allowing them to foreclose on property that the defendant, S.A.S. Associates ("SAS"), owns and used to secure a loan...

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