SATICOY BAY, LLC, SERIES 2714 SNAPDRAGON v. FLAGSTAR BANK, FSB; Bryant Sparks; Katherine Sparks
No. 16-15478
United States Court of Appeals, Ninth Circuit
October 20, 2017
658
Submitted October 18, 2017 * San Francisco, California
Cynthia Alexander, Litigation Counsel, Dickinson Wright PLLC, Las Vegas, NV, for Defendant-Appellee
Michael A. Johnson, Arnold & Porter Kaye Scholer LLP, Washington, DC, for Amicus Curiae Federal Housing Finance Agency
Before: HAWKINS, W. FLETCHER, and TALLMAN, Circuit Judges.
MEMORANDUM**
Plaintiff Saticoy Bay, LLC, Series 2714 Snapdragon (“Saticoy“) appeals the district court‘s grant of summary judgment for Defendant Flagstar Bank, FSB (“Flagstar“). We have jurisdiction under
After Bryant and Katherine Sparks failed to pay homeowners association (“HOA“) dues, Eastbridge Gardens Condominiums Homeowners Association sold Saticoy the Sparks’ property at a non-judicial foreclosure sale without first obtaining consent of the owner of beneficial interest, Fannie Mae. Saticoy sought declaratory relief and to quiet title in Nevada state court, Flagstar removed the case, and the federal district court granted Flagstar summary judgment based on federal preemption. Saticoy argues Flagstar did not have standing to assert federal preemption, Fannie Mae was not the owner of the property, and the “new evidence” presented in support of summary judgment was insufficient. These arguments are unavailing.
The Federal Foreclosure Bar,
Flagstar, as the loan servicer, acts as Fannie Mae‘s agent, and has standing to assert a claim of federal preemption. See id. at 932; Nationstar Mortg., LLC v. SFR Invs. Pool 1, LLC, 396 P.3d 754, 758 (Nev. 2017). Furthermore, Flagstar established that there were no genuine issues of material fact regarding Fannie Mae‘s ownership. See
Costs are awarded to Flagstar.
AFFIRMED.
