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Rafael R. Martelino, et al. Vs. National Home Mortgage Finance Corp., et al.

RAFAEL R. MARTELINO, BARCHELECHU S. MORALES, ROSELYN S. CACHAPERO,REYNALDO R. EVANGELISTA, CESAR B. YAPE, LEONORA R. PARAS, SEGUNDINA I. IBARRA, RAQUEL G. HALNIN, ZAMORA I. DIAZ, and ARTHUR L. VEGA,* Petitioners, versus NATIONAL HOME MORTGAGE FINANCE CORPORATION and HOME DEVELOPMENT MUTUAL FUND, Respondents.

G.R. No. 160208 | 2008-06-30

DECISION


QUISUMBING, J.:

On appeal is the Decision[1] dated April 22, 2003 of the Court of Appeals in C.A.-G.R. CV No. 70231, which had affirmed the March 12, 2001 Order[2] of the Regional Trial Court (RTC), Branch 120, Caloocan City, dismissing Civil Case No. C-551 for declaratory relief and prohibition. Also assailed is the appellate court's Resolution[3] dated September 25, 2003, denying petitioners' motion for reconsideration.

The case stemmed from the petition for declaratory relief and prohibition with urgent prayer for the issuance of a temporary restraining order and/or preliminary injunction[4] filed before the RTC of...