Legal Opinion
Thomas P. Davis and Cathy M. Davis v. G.N. Mortgage Corporation and Countrywide Home Loans, Inc.
Court of Appeals for the Seventh Circuit
Decided January 31, 2005No. 03-1617PublishedCited by 211 opinions
1Opinion of the Court
COFFEY, Circuit Judge.
On September 9, 1999, Thomas P. Davis and Cathy M. Davis obtained a $288,000 adjustable rate mortgage (“ARM”) from the G.N. Mortgage Corporation (“GN”) for the purpose of refinancing prior, non-business personal debts which was to be secured by their home in Manhattan, II. A few months later, GN sold the note to Countrywide Home Loans, Inc. (“Countrywide”). The Davises paid off the 30-year ARM from GN less than three years later, on February 20, 2002, and at that time were assessed over $12,000 in penalties pursuant to the terms of a five-year prepayment penalty rider…
2Cases cited48 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Connick v. Suzuki Motor Co., Ltd.Illinois Supreme Court · 1996
- Peter H. Bombard v. Fort Wayne Newspapers, IncorporatedCourt of Appeals for the Seventh Circuit · 1996
- Air Safety, Inc. v. Teachers Realty Corp.Illinois Supreme Court · 1999
- Lori M. GLEASON, Plaintiff-Appellant, v. MESIROW FINANCIAL, INCORPORATED, Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1997
43 more not listed; retrieve them via the Exa API.
3Cited by211 opinions
- Pirelli Armstrong Tire Corp. Retiree Medical Benefits Trust v. Walgreen Co.Court of Appeals for the Seventh Circuit · 2011
- Trade Finance Partners, LLC v. AAR CORP.Court of Appeals for the Seventh Circuit · 2009
- Clarisha Benson v. Fannie May Confections BrandsCourt of Appeals for the Seventh Circuit · 2019
- Kevin Sterk v. Redbox Automated Retail, LLCCourt of Appeals for the Seventh Circuit · 2014
- Robert Spierer v. Corey RossmanCourt of Appeals for the Seventh Circuit · 2015
206 more not listed; retrieve them via the Exa API.