November 30th, 2011

Federal National Mortgage Association v. Wachovia Mortgage Corporation (a Division of Wells Fargo Bank, N.A.)

Early Sullivan was brought into this matter just two days before a scheduled foreclosure sale, and successfully obtained a temporary restraining order in Riverside County, California Superior Court, for lender Federal National Mortgage Association (“Fannie Mae”), halting the trustee’s sale on the morning that it was scheduled to occur. Early Sullivan thus preserved the validity and priority of Fannie Mae’s deed of trust on the subject property. Our efforts included the filing of a complaint for declaratory relief, injunctive relief, statutory penalties, equitable subrogation and negligence, the recording and filing of a lis pendens, and corresponding ex parte briefing and argument, just two business days after being retained.