Bancoklahoma Mortgage Corp. v. Capital Title Co.
Court of Appeals for the Tenth Circuit
1Opinion of the Court
Background
MARTEN, District Judge.
Bancoklahoma Mortgage Corp. (“BOMC”) is an Oklahoma corporation that purchases residential mortgage loans and resells them on the secondary market while retaining certain loan servicing rights. Lenders Mortgage Services, Inc. (“LMS”) was a Missouri corporation that originated residential mortgage loans, primarily in the St. Louis, Missouri area, for sale to mortgage loan companies and other upstream investors, including BOMC. Joseph Iadevito was LMS’s chief executive officer, director, and majority shareholder. Professional Builder’s Closing Services, Inc.…
2Cases cited42 opinions
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