Legal Opinion

Sineni v. Diamond Mortgage Corp. of Illinois (In Re Diamond Mortgage Corp. of Illinois)

United States Bankruptcy Court, N.D. Illinois

Decided September 28, 1987No. 19-02154PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM AND OPINION

ROBERT E. GINSBERG, Bankruptcy Judge.

JURISDICTION

This is a core proceeding pursuant to 28 U.S.C. § 157(b)(2)(F), (K), and (0).

FACTS

A.J. Obie and Associates, Inc. (“Obie”) is a licensed mortgage broker. Diamond Mortgage Corporation of Illinois (“Diamond”) made loans to consumer debtors secured by mortgages on the borrowers’ homes. In order- to provide funds for Diamond to lend, Diamond sold its mortgage notes to individual investors solicited by Obie through an active media advertising campaign. After the notes were sold, Diamond continued to service the mortgages for the…

2Cases cited19 opinions

  1. Barash v. Public Finance Corp.Court of Appeals for the Seventh Circuit · 1981
  2. In Re North American Coin & Currency, Ltd.Court of Appeals for the Ninth Circuit · 1985
  3. In Re: The Woodson Company, Debtor. Fireman's Fund Insurance Companies v. William B. Grover, Trustee, and Official Unsecured Creditors' CommitteeCourt of Appeals for the Ninth Circuit · 1987
  4. In Re Colonial Discount CorporationCourt of Appeals for the Seventh Circuit · 1986
  5. Alithochrome Corp. v. East Coast Finishing Sales Corp. (In Re Alithochrome Corp.)United States Bankruptcy Court, S.D. New York · 1985

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

3Cited by3 opinions

  1. Pine Top Insurance v. Bank of America National Trust & Savings Ass'nCourt of Appeals for the Seventh Circuit · 1992
  2. Pine Top Insurance Company, in Liquidation, an Insolvent Illinois Corporation v. Bank of America National Trust and Savings Association, a California Corporation, Pine Top Insurance Company, in Liquidation, an Insolvent Illinois Corporation v. Century Indemnity Company, a Connecticut Corporation, and Bank of America National Trust and Savings Association, a California CorporationCourt of Appeals for the Seventh Circuit · 1992
  3. Pine Top Insurance v. Century Indemnity Co.District Court, N.D. Illinois · 1990

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