Legal Opinion
Guinasso v. Pacific First Federal Savings & Loan Ass'n
Court of Appeals for the Ninth Circuit
Decided September 21, 1981No. 80-3099PublishedCited by 36 opinions
1Opinion of the Court
WRIGHT, Circuit Judge:
INTRODUCTION
The Guinassos assumed a home loan financed by Pacific First Federal Savings and Loan Association.1 Pursuant to a regulation promulgated by the Federal Home Loan Bank Board, 12 C.F.R. § 545.6-11 (1975), Pacific created escrow accounts with funds collected from mortgagors for taxes and insurance. When the Guinassos’ deed of trust was executed, the regulation did not state whether associations were required to pay interest on such accounts.2 Pacific paid none.
This suit is a class action by the Guinassos for themselves and others similarly situated to recover…
2Cases cited17 opinions
- Textile Workers v. Lincoln Mills of Ala.Supreme Court of the United States · 1957
- Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
- Illinois v. City of MilwaukeeSupreme Court of the United States · 1972
- North American Phillips Corporation v. Emery Air Freight CorporationCourt of Appeals for the Second Circuit · 1978
12 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Williams v. Caterpillar Tractor Co.Court of Appeals for the Ninth Circuit · 1986
- Milton UTLEY, Plaintiff-Appellant, v. VARIAN ASSOCIATES, INC., Defendant-AppelleeCourt of Appeals for the Ninth Circuit · 1987
- Esther Lee Begay, Etc. v. The Kerr-Mcgee CorporationCourt of Appeals for the Ninth Circuit · 1982
- Alton Box Board Company v. Esprit De Corp.Court of Appeals for the Ninth Circuit · 1982
- Kinsey v. NESTOR EXPLORATION LTD.-1981ADistrict Court, E.D. Washington · 1985
31 more not listed; retrieve them via the Exa API.