Alcorn v. Washington Mutual Bank, F.A.

OPINION

Opinion by

Justice CORNELIUS (Retired).

James Alcorn and Todd Allen appeal an adverse summary judgment rendered by the trial court against them in their suit against Washington Mutual Bank, F.A. Al-corn and Allen sued the bank for debt, breach of contract, and violation of truth-in-lending laws. The bank answered with a general denial and a counterclaim seeking recovery on a promissory note and foreclosure of a lien on a house owned by Alcorn and Allen.

These are the facts giving rise to the litigation: Alcorn and Allen decided to take out a home equity loan to obtain money for certain…