FEDERAL HOUSING ADMINISTRATION, APPELLANT
v.
MORRIS PLAN COMPANY OF CALIFORNIA, APPELLEE
Explore caselaw by topic → Browse Statutory Interpretation cases and more on FLexlaw
PER CURIAM.
We granted a rehearing in this case limited to the question of whether the judgment should be reduced by elimination of the claim of $2,000, an amount loaned one Gould in excess of the limit of $2,500 we held to be contained in § 2 (b) of the National Housing Act, 12 U.S. C.A. § 1703(b).
After due consideration of the arguments made on rehearing as to the correctness of our construction of said § 2 (b), we adhere to the conclusion reached in our former opinion. 9 Cir., 211 F. 2d 756. A confusion of the Gold loans with the Gould loans resulted in our failure to consider the Gould loans in the former opinion.
It is ordered that the sum of $1,032.95 principal and $262.08 interest allowed by the District Court on the $2,000 Gould note be disallowed and the judgment of the District Court is accordingly reduced in the sum of $1,295.03. As so modified the judgment is affirmed.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Authorities Cited
- Fed. Hous. Admin. v. Morris Plan Co. of Cal., 211 F.2d 756 (9th Cir. 1954)