Legal Opinion

Schwartz v. Bann-Cor Mortgage

Missouri Court of Appeals

Decided May 9, 2006No. WD 65187PublishedCited by 8 opinions

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

  1. Cummins v. Kansas City Public Service Co.Supreme Court of Missouri · 1933
  2. Brinckerhoff v. . BostwickNew York Court of Appeals · 1885
  3. Platt v. WilmotSupreme Court of the United States · 1904
  4. First American Bank & Trust Company v. EllweinNorth Dakota Supreme Court · 1972
  5. Cumberland Capital Corp. v. PattyTennessee Supreme Court · 1977

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3Cited by8 opinions

  1. James Wong v. Bann-Cor MortgageCourt of Appeals for the Eighth Circuit · 2015
  2. Mitchell v. Residential Funding Corp.Missouri Court of Appeals · 2011
  3. Elaine Huffman v. Credit Union of TexasCourt of Appeals for the Eighth Circuit · 2014
  4. Jerry Washington v. Countrywide Home Loans, Inc.Court of Appeals for the Eighth Circuit · 2014
  5. Bridget Rashaw v. United Consumers Credit UnionCourt of Appeals for the Eighth Circuit · 2012

3 more not listed; retrieve them via the Exa API.

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