Fannie Mae v. Nelson Brothers Professional Real Estate, LLC et al
Case Number:
4:22-cv-03901
Court:
Nature of Suit:
Contract: Recovery/Enforcement
Judge:
Firms
Companies
Sectors & Industries:
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April 17, 2024
Fannie Mae Gets Partial Early Win In $12M Loan Default Row
A Texas federal judge mostly sided with Fannie Mae in its suit over a defaulted $23.26 million multifamily loan, of which the government enterprise claims it's still owed $12.56 million.
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October 24, 2023
Calif. Developer Says It Had No Control Over Texas Property
A Golden State developer has urged a Texas federal court to reject Fannie Mae's early win bid in a dispute over the stubstantial sum still owed on a defaulted $23.26 million loan, arguing that the financing giant is wrongfully trying to hold the developer liable.
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October 19, 2023
Fannie Mae Resists Early Win Effort In $12M Loan Default Suit
Fannie Mae fought back against a developer's bid for an early win in a Texas federal court dispute over millions still allegedly owed from a default of a $23.6 million loan.
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November 09, 2022
Fannie Mae Says Calif. Developer Owes $12.56M On Loan
Fannie Mae is suing California developer Nelson Brothers Professional Real Estate LLC for $12.56 million in Texas federal court for an alleged breach of a loan agreement after the company defaulted multiple times and its collateral property did not satisfy what it owed.