Legal Opinion
Equity Mortgage Corporation, a Virginia Corporation v. Harold J. Loftus, Jr. And Jeanne M. Loftus, United States of America
Court of Appeals for the Fourth Circuit
Decided October 18, 1974No. 74-1003PublishedCited by 14 opinions
1Opinion of the Court
WINTER, Circuit Judge:
When Equity Mortgage Corporation (Equity) foreclosed its second deed of trust on property owned by Mr. and Mrs. Harold Loftus in Virginia Beach, Virginia, it purchased the property for $1,000, subject to a first deed of trust to Mutual Federal Savings and Loan Association (Mutual) on which the principal balance was $17,956.33. At the time, the principal balance on the second deed of trust was $3,210.28. Additionally, before foreclosure, Equity had made payments to Mutual of $1,796.40 on account of the debt in order to avoid a foreclosure by Mutual and extinguishment of…
2Cases cited10 opinions
- Fuentes v. ShevinSupreme Court of the United States · 1972
- United States v. N. Y. Rayon Importing Co.Supreme Court of the United States · 1947
- United States v. BrosnanSupreme Court of the United States · 1960
- United States v. RinggoldSupreme Court of the United States · 1834
- Yeaton and Others v. Lenox and Others.Supreme Court of the United States · 1834
5 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- In Re Valley Vue Joint VentureUnited States Bankruptcy Court, E.D. Virginia · 1991
- Delta Savings & Loan Association, Inc. v. Internal Revenue ServiceCourt of Appeals for the Fifth Circuit · 1988
- Charlotte Mikulec v. United StatesCourt of Appeals for the Second Circuit · 1983
- William Little v. United StatesCourt of Appeals for the Ninth Circuit · 1986
- Olympic Federal Savings & Loan Ass'n. v. ReganCourt of Appeals for the Ninth Circuit · 1981
9 more not listed; retrieve them via the Exa API.