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Supreme Court of Ohio - Case No. 2014-1126 Rebekah R. Radatz v. Federal National Mortgage Association
ISSUES:
-Are federal and state courts prohibited by federal law from jurisdiction to review or affect a cease-and-desist order issued by the Federal Housing Finance Agency (FHFA) in its role as regulator of the Federal National Mortgage Association (Fannie Mae)?
-Was FHFA's order stating that an Ohio law, R.C. 5301.36, is "in the nature of a penalty" based on federal law consistent with the Ohio Supreme Court's 2005 decision in Rosette v. Countrywide Home Loans, Inc.?
-Are federal and state courts prohibited by federal law from jurisdiction to review or affect a cease-and-desist order issued by the Federal Housing Finance Agency (FHFA) in its role as regulator of the Federal National Mortgage Association (Fannie Mae)?
-Was FHFA's order stating that an Ohio law, R.C. 5301.36, is "in the nature of a penalty" based on federal law consistent with the Ohio Supreme Court's 2005 decision in Rosette v. Countrywide Home Loans, Inc.?
September 15, 2015