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Federal Housing Finance Agency, on Its Own Behalf and as Conservator of Fannie Mae and Freddie Mac v. City of Chicago, a municipal corporation
Case Number:
1:11-cv-08795
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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August 26, 2013
Fannie, Freddie Duck Chicago's Property Maintenance Rule
Mortgage giants Fannie Mae and Freddie Mac do not have to comply with a Chicago ordinance that would have required them to register and maintain vacant properties for which they hold the mortgages, an Illinois federal judge ruled Friday.
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June 19, 2013
Chicago Says Vacant-Property Ordinance Isn't Preempted
An attorney for the city of Chicago told an Illinois federal judge Wednesday that the Federal Housing Finance Agency's suit challenging a local vacant-property ordinance should be axed because the ordinance is not preempted by federal law and the agency lacks authority to bring the case.
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April 13, 2012
Fannie Mae Asks Servicers To Protest Chicago Property Law
Fannie Mae on Wednesday ordered its Chicago-area mortgage servicers to file written protests of a local vacant property ordinance when sending in payments for fees required by the law, which the lender's conservator is fighting in federal court.
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December 15, 2011
Chicago Issues New Vacant Property Ordinance
In the wake of a lawsuit brought by federal regulators over a July ordinance requiring mortgage holders to register vacant buildings, Cook County, Ill., passed another such rule Wednesday calling for mortgagees to pay a $250 fee to list vacant buildings on a countywide registry.
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December 12, 2011
Housing Agency Targets Chicago Over Vacant Property Fee
Federal housing regulators on Monday sued the city of Chicago in Illinois federal court, saying Fannie Mae and Freddie Mac shouldn't be subject to the city's recently enacted ordinance requiring mortgage companies to maintain vacant properties.