Case: Conference of Federal Savings and Loans Ass'ns v. Stein

2:78-cv-00055 | U.S. District Court for the Eastern District of California

Filed Date: Feb. 6, 1978

Closed Date: Sept. 26, 1979

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Case Summary

In 1978, Plaintiff-Associations filed a declaratory suit in the U.S. District Court for the Eastern District of California requesting the court to find that California's Housing Financial Discrimination Act was pre-empted by federal regulation. The California Act required Savings & Loans to post notices explaining fair lending rights under state law. Plaintiff-Associations had refused to comply with the Act's notice requirements, and state courts had held the Plaintiffs liable for statutory dam…

In 1978, Plaintiff-Associations filed a declaratory suit in the U.S. District Court for the Eastern District of California requesting the court to find that California's Housing Financial Discrimination Act was pre-empted by federal regulation. The California Act required Savings & Loans to post notices explaining fair lending rights under state law. Plaintiff-Associations had refused to comply with the Act's notice requirements, and state courts had held the Plaintiffs liable for statutory damages for non-compliance. People v. West Coast Federal Savings and Loan Ass'n, No. 220012 (Cal. Super. Ct. Feb. 28, 1978).

U.S. District Court Judge Philip C. Wilkins granted Plaintiffs' requested declaratory relief and held that federal law pre-empted state law. On September 26, 1979, the Ninth Circuit affirmed Judge Wilkins's ruling, holding that the "broad regulatory authority over the federal associations conferred upon the Bank Board by HOLA does wholly pre-empt the field of regulatory control over these associations." Conf. of Fed. Sav. and Loan Ass'ns v. Stein, 604 F.2d 1256, 1260 (9th Cir. 1979). The United States Supreme Court affirmed without an opinion. Stein v. Conference of Federal Savings and Loan Associations, 445 U.S. 921 (1980).

Summary Authors

Andrew Nash (6/2/2008)

People

Judge(s)

Hug, Procter Ralph Jr. (Nevada)

Attorney for Plaintiff

Fraser, G. Howden (California)

Attorney for Defendant

DeGoede, Arthur C. (California)

Deukmejian, George (California)

Expert/Monitor/Master/Other

Greenberg, Jack (New York)

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Documents in the Clearinghouse

Document

78-03201

[Opinion]

Conference of Federal Savings and Loans Associations v. Stein

U.S. Court of Appeals for the Ninth Circuit

Sept. 26, 1979

Sept. 26, 1979

Order/Opinion

604 F.2d 604

79-00923

[Decision Affirming Judgment of 9th Cir.]

Stein v. Conference of Federal Savings and Loans Associations

Supreme Court of the United States

March 17, 1980

March 17, 1980

Order/Opinion

445 U.S. 445

Docket

Last updated March 30, 2024, 3:11 a.m.

Docket sheet not available via the Clearinghouse.

Case Details

State / Territory: California

Case Type(s):

Fair Housing/Lending/Insurance

Key Dates

Filing Date: Feb. 6, 1978

Closing Date: Sept. 26, 1979

Case Ongoing: No

Plaintiffs

Plaintiff Description:

Several California-based federal savings and loans associations who feared that California state law was preempting the federal Home Owners' Loan Act by giving regulatory control to the state.

Plaintiff Type(s):

Private Plaintiff

Public Interest Lawyer: No

Filed Pro Se: No

Class Action Sought: No

Class Action Outcome: Not sought

Defendants

Secretary of the Business and Transportation Agency, State

Business and Transportation Agency of California, State

Case Details

Available Documents:

Any published opinion

Outcome

Prevailing Party: Plaintiff

Nature of Relief:

Injunction / Injunctive-like Settlement

Source of Relief:

Litigation

Order Duration: 1978 - None