Oliver v. United Mortgage Company

MYERS, Associate Judge.

This is an appeal from a judgment on a trial finding denying recovery to a borrower (appellant) seeking the return of allegedly usurious interest charged by ap-pellee in violation of the “Loan Shark Law” of the District of Columbia. 1

Appellant came to appellee’s office after having read appellee’s advertisement for “CASH — 1st, 2nd, 3rd Trusts Arranged” to consult about securing a loan on his improved property in the District of Columbia in the amount of $2,100 for six months. There was already a first deed of trust on the property. As a result, a second deed of trust…