DISCLAIMER: The following unofficial case summaries are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
122334P.pdf 05/09/2013 Affordable Communities of MO v. Federal Nat'l. Mortgage Assoc.
U.S. Court of Appeals Case No: 12-2334
U.S. District Court for the Eastern District of Missouri - St. Louis
[PUBLISHED] [Murphy, Author, with Smith and Gruender, Circuit Judges]
Civil case - Contracts. The district court did not err in finding plaintiff
had failed to plead facts establishing that defendant EFA was Fannie
Mae's agent in connection with a loan plaintiff obtained; viewing the
contract language in the context of the entire written document and
considering the likely intent of the parties, the court concludes the
agreement was ambiguous as to whether the phrase "condemnation sale"
included a sale in lieu of condemnation, and the district court erred in
dismissing plaintiff's claim that Fannie Mae breached the contract;
district court did not err in dismissing plaintiff's breach of implied
covenant of good faith and fair dealing claim or its claim for unjust
enrichment.