Donald J. Croysdale and Martha J. Croysdale, on Behalf of Themselves and All Others Similarly Situated v. Franklin Savings Association

PELL, Circuit Judge.

The plaintiffs, Donald and Martha Croys-dale, brought this suit under the Truth in Lending Act (TILA), 15 U.S.C. § 1601 et seq., and Regulation Z, 12 C.F.R. § 226.1 et seq. The subject matter of this action is the adequacy of the disclosures made by the defendant, Franklin Savings Association, in connection with a residential mortgage loan agreement. While the plaintiffs purport to challenge the nondisclosure of an acceleration clause in the event of the sale of the mortgaged property, the gravamen of their complaint is that there was no disclosure of the fact that the…