Fisher v. 1st Consumers Funding, Inc.

Opinion by

Judge LOEB.

Plaintiffs, Morris W. and Marcella B. Fisher, appeal from the summary judgment entered in favor of defendants, ist Consumers Funding, Inc. and its president, Dave Wood {collectively, Ist Consumers). We reverse and remand for further proceedings.

1st Consumers, a mortgage broker, offered to arrange a home mortgage refinance loan for the Fishers. According to the Fishers, 1st Consumers promised them that it would arrange a transaction with a lender that would generate an additional $5,000 in loan proceeds above the amount needed to refinance the Fishers' existing mortgage.…