Schwartz v. Bann-Cor Mortgage
Missouri Court of Appeals
1Opinion of the Court
JAMES M. SMART, JR., Judge.
The issues in this appeal include the question of whether the six-year limitations period of Section 516.420, RSMo, 2000 applies to claims brought under the Second Mortgage Loan Act against Bann-Cor, a company engaged in the business of making second mortgage loans.
Plaintiffs John and Jeannette Schwartz applied for and obtained a second mortgage loan in 1997. The Schwartzes obtained a loan in the amount of $25,000.00 payable over 20 years at 15.50 percent interest, from Bann-Cor, a California corporation. Additional charges in connection with the loan were a $500.00…
2Cases cited31 opinions
- Cummins v. Kansas City Public Service Co.Supreme Court of Missouri · 1933
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1885
- Platt v. WilmotSupreme Court of the United States · 1904
- First American Bank & Trust Company v. EllweinNorth Dakota Supreme Court · 1972
- Cumberland Capital Corp. v. PattyTennessee Supreme Court · 1977
26 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- James Wong v. Bann-Cor MortgageCourt of Appeals for the Eighth Circuit · 2015
- Mitchell v. Residential Funding Corp.Missouri Court of Appeals · 2011
- Elaine Huffman v. Credit Union of TexasCourt of Appeals for the Eighth Circuit · 2014
- Jerry Washington v. Countrywide Home Loans, Inc.Court of Appeals for the Eighth Circuit · 2014
- Bridget Rashaw v. United Consumers Credit UnionCourt of Appeals for the Eighth Circuit · 2012
3 more not listed; retrieve them via the Exa API.