Mealey's Bankruptcy - Judge: Fannie Mae Did Not Violate Due Process Clause Of U.S. Constitution

DETROIT - A federal judge in Michigan on Jan. 30 ruled that a bankruptcy court did not err when it dismissed a debtor's adversary complaint against federal lender Fannie Mae, determining that its foreclosure on the debtor's property did not violate the due process clause of the U.S. Constitution because Fannie Mae was not "a government actor" (David C. Kapla v. Federal National Mortgage $(In Re: David C. Kapla$), No. 13-13095, Chapter 7, E.D. Mich.).

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