Philip McFarland v. Wells Fargo Bank, N.A.
Court of Appeals for the Fourth Circuit
1Opinion of the Court
Affirmed in part, vacated in part, and remanded by published opinion. Judge HARRIS wrote the opinion, in which Judge SHEDD and Judge DIAZ joined.
PAMELA HARRIS, Circuit Judge:
In 2006, at the height of the housing market, Philip McFarland was informed by a mortgage broker that his home’s value had nearly doubled in two years. Acting on that advice, McFarland refinanced his home so that he could pay down other debt. But it soon became apparent that McFarland could not manage the increased interest payments on his new loan, and when housing prices fell, McFarland was faced with an unaffordable…
2Cases cited17 opinions
- Raymond Woollard v. Denis GallagherCourt of Appeals for the Fourth Circuit · 2013
- Dan Ryan Builders, Inc. v. NelsonWest Virginia Supreme Court · 2012
- DeVane v. KennedyWest Virginia Supreme Court · 1999
- Mallet v. PickensWest Virginia Supreme Court · 1999
- Charlotte McCauley v. Home Loan Investment Bank, FSBCourt of Appeals for the Fourth Circuit · 2013
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- Tillette v. Beneficial West Virginia, Inc. (In re Tillette)United States Bankruptcy Court, S.D. West Virginia · 2016
- Phillip Alig v. Quicken Loans Inc.Court of Appeals for the Fourth Circuit · 2021
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