Freedman v. Katz

Defendant Alpert is an attorney at law who sometimes acts as loan broker. Lena Katz is his sister and lives in Connecticut. Alpert has made several mortgage loans in Detroit for Mrs. Katz. Freedman wanted to borrow on second mortgage, and a relative, for whom Alpert had negotiated a loan, referred him to Alpert. Alpert offered to obtain $2,500 for Freedman in consideration of $450, which Alpert said was a brokerage fee and Freedman said was called a bonus. Alpert looked at the property, examined the title, took a mortgage for $2,500 for one year, running to Mrs. Katz, bearing interest at six…