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BANK OF AMERICA, N.A. v. SUNSET RIDGE LIMITED HOMEOWNERS ASSOCIATION

Case No. 2:16-cv-00797-GMN-NJK.

BANK OF AMERICA, N.A., successor by merger to BAC HOME LOANS SERVICING, LP, FKA COUNTRYWIDE HOME LOANS SERVICING, LP, Plaintiff, v. SUNSET RIDGE LIMITED HOMEOWNERS ASSOCIATION; SFR INVESTMENTS POOL 1, LLC; TERRA WEST COLLECTIONS GROUP, LLC, DBA ASSESSMENT MANAGEMENT SERVICES, Defendants. SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, Counter/Cross-Claimant, v. BANK OF AMERICA, N.A., successor by merger to BAC HOME LOANS SERVICING, LP, FKA COUNTRYWIDE HOME LOANS SERVICING, LP; PAUL WYKLIGE, an individual; and LIN TENG, an individual, Counter/Cross-Defendants.

United States District Court, D. Nevada.

September 22, 2016.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Injunctive & Declaratory Relief
Nature of Suit: 220 Real Property: Foreclosure
Source: PACER

Attorney(s) appearing for the Case

Bank of America, Plaintiff, represented by Brett M. Coombs , Akerman, PLLC.

Bank of America, Plaintiff, represented by Donna M. Wittig , Akerman LLP.

Bank of America, Plaintiff, represented by Tenesa S. Scaturro , Akerman LLP.

Bank of America, Plaintiff, represented by Ariel E. Stern , Akerman LLP.

Sunset Ridge Limited Homeowners Association, Defendant, represented by Joseph P. Garin , Lipson Neilson Cole Seltzer & Garin, P.C., Kaleb D. Anderson , Lipson Neilson Cole Seltzer & Garin & Megan H. Hummel , Lipson Neilson Cole Seltzer & Garin PC.

SFR Investments Pool 1, LLC, Defendant, represented by Jacqueline A. Gilbert , Kim Gilbert Ebron, Karen L. Hanks , Kim Gilbert Ebron, Diana Cline Ebron , Kim Gilbert Ebron & Howard C. Kim , Kim Gilbert Ebron.

SFR Investments Pool 1, LLC, Cross Claimant, represented by Jacqueline A. Gilbert , Kim Gilbert Ebron, Karen L. Hanks , Kim Gilbert Ebron, Diana Cline Ebron , Kim Gilbert Ebron & Howard C. Kim , Kim Gilbert Ebron.

SFR Investments Pool 1, LLC, Counter Claimant, represented by Jacqueline A. Gilbert , Kim Gilbert Ebron, Karen L. Hanks , Kim Gilbert Ebron, Diana Cline Ebron , Kim Gilbert Ebron & Howard C. Kim , Kim Gilbert Ebron.

Bank of America, Counter Defendant, represented by Brett M. Coombs , Akerman, PLLC, Donna M. Wittig , Akerman LLP & Tenesa S. Scaturro , Akerman LLP.

Bank of America, Counter Defendant, represented by Ariel E. Stern , Akerman LLP.

ORDER

Lenders and investors have been at odds over the legal effect of a homeowners' association's ("HOA") nonjudicial foreclosure of a superpriority lien on a lender's first trust deed pursuant to Nevada Revised Statutes § 116.3116. See Freedom Mortg. Corp. v. Las Vegas Dev. Grp...

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