Legal Opinion
Foremost Guaranty Corp. v. Meritor Savings Bank
Court of Appeals for the Fourth Circuit
Decided August 6, 1990No. Nos. 88-3163 to 88-3165 and 88-3172PublishedCited by 20 opinions
1Opinion of the Court
WIDENER, Circuit Judge:
This case involves two insurance companies, United Guaranty Residential Insurance Company (United Guaranty) and Foremost Guaranty Corporation (Foremost), who seek to rescind mortgage insurance coverage because they claim the insurance was procured by fraud. It is reported in the district court as In re Epic Mortgage Ins. Litigation, 701 F.Supp. 1192 (E.D.Va.1988). The insurance covers loans originated by EPIC Mortgage Inc. (EMI) and sold to third parties1 either as whole loans or mortgage pass-through certificates.2 The insurance companies based their initial…
2Cases cited14 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Blue Sky L. Rep. P 72,496, Fed. Sec. L. Rep. P 93,186 Thorburn Kennedy, Trustee v. Josephthal & Company, Inc., Edward M. Swartz and Fredric SwartzCourt of Appeals for the First Circuit · 1987
- Phoenix Life Ins. Co. v. RaddinSupreme Court of the United States · 1887
- Zobrist v. Coal-X, Inc.Court of Appeals for the Tenth Circuit · 1983
- James v. GoldbergCourt of Appeals of Maryland · 1970
9 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Abbington Spe, LLC v. U.S. Bank, Nat'l Ass'nDistrict Court, E.D. North Carolina · 2016
- Centrust Mortgage Corp. v. PMI Mortgage InsuranceCourt of Appeals of Arizona · 1990
- Childers Oil Company, Inc. v. Exxon CorporationCourt of Appeals for the Fourth Circuit · 1992
- In Re VMS Ltd. Partnership Securities LitigationDistrict Court, N.D. Illinois · 1992
- Foremost Guaranty Corporation v. Meritor Savings Bank, Formerly Known as the Philadelphia Saving Fund Society, Securities & Exchange Commission, Amicus Curiae, and Epic Mortgage Inc., Delaware Corp. Community Savings & Loan, Inc. Dominion Federal Savings & Loan Association, Federal S & L Assn. First National Bank of Maryland Silverado Banking Savings and Loan Association, Colo. Corp. Unity Loan and Building Company, Ohio, Foremost Guaranty Corporation v. First National Bank of Maryland, Securities & Exchange Commission, Amicus Curiae, and Epic Mortgage Inc., Delaware Corp. Community Savings & Loan, Inc. Dominion Federal Savings & Loan Association, Federal S & L Assn. Meritor Savings Bank, Formerly Known as the Philadelphia Saving Fund Society Silverado Banking Savings and Loan Association, Colo. Corp. Unity Loan and Building Company, Ohio, Foremost Guaranty Corporation United Guaranty Residential Insurance of Iowa, an Iowa Corp. v. Dominion Federal Savings & Loan Association, Federal S & L Assn., Securities & Exchange Commission, Amicus Curiae, and Epic Mortgage Inc., Delaware Corp. Community Savings & Loan, Inc. First National Bank of Maryland Meritor Savings Bank, Formerly Known as the Philadelphia Saving Fund Society Continental Federal Savings Bank, a Federal Savings Bank American Savings & Loan Association, an Indiana Savings and Loan Assoc., Individually & on Behalf of Others Similarly Situated, United Guaranty Residential Insurance of Iowa Foremost Guaranty Corporation v. Epic Mortgage Inc., Delaware Corp. Community Savings & Loan, Inc., Securities & Exchange Commission, Amicus Curiae, and Dominion Federal Savings & Loan Association, Federal S & L Assn. First National Bank of Maryland Meritor Savings Bank, Formerly Known as the Philadelphia Saving Fund Society Continental Federal Savings Bank, a Federal Savings Bank American Savings & Loan Association, an Indiana Savings and Loan Assoc., Individually & on Behalf of Others Similarly SituatedCourt of Appeals for the First Circuit · 1990
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