Legal Opinion

Faircloth v. Financial Asset Securities Corp. Mego Mortgage Homeowner Loan Trust

Court of Appeals for the Fourth Circuit

Decided January 23, 2004No. 03-1473UnpublishedCited by 18 opinions

1Opinion of the Court

OPINION

2Per curiam

In this case, Pamela J. Faircloth appeals from the dismissal of her putative class action against various financial institutions, wherein she alleged that these institutions violated North Carolina’s usury and deceptive trade practices laws. The district court concluded that Faircloth lacked standing to sue all but two of the defendants, and found her claims against these two defendants to be time-barred. For the reasons that follow, we affirm.

I

During the late 1990s, National Home Loan Corporation (National) was in the business of providing individuals with loans secured by second…

3Cases cited16 opinions

  1. Warth v. SeldinSupreme Court of the United States · 1975
  2. Associated General Contractors of California, Inc. v. California State Council of CarpentersSupreme Court of the United States · 1983
  3. Ivan N. Schatz Joann B. Schatz v. Mark E. Rosenberg Mer Enterprises, Incorporated Stephen Jaeger Weinberg & GreenCourt of Appeals for the Fourth Circuit · 1991
  4. Delvin C. Payton v. County of KaneCourt of Appeals for the Seventh Circuit · 2002
  5. Henderson v. SECURITY MORTAGAGE AND FINANCE CO.Supreme Court of North Carolina · 1968

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4Cited by18 opinions

  1. Audler v. CBC Innovis Inc.Court of Appeals for the Fifth Circuit · 2008
  2. James Wong v. Bann-Cor MortgageCourt of Appeals for the Eighth Circuit · 2015
  3. Shepard v. Ocwen Federal Bank, FSBSupreme Court of North Carolina · 2006
  4. Master Financial, Inc. v. CrowderCourt of Appeals of Maryland · 2009
  5. Shepard v. Ocwen Federal Bank, FSBCourt of Appeals of North Carolina · 2005

13 more not listed; retrieve them via the Exa API.

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