Parham v. HSBC Mortgage Corp.

MEMORANDUM OPINION

JOHN A. GIBNEY, JR., District Judge.

This matter is before the Court on the motion to dismiss filed by defendants HSBC Mortgage Corp. (“HSBC”) and Federal National Mortgage Association (“Fannie Mae”) (collectively, “Defendants”). In this case, the plaintiff, Elnora Parham (“Parham”), seeks to rescind a mortgage transaction under the federal Truth-in-Lending Act (“TILA”) and recover statutory damages and attorney’s fees. Defendants contend that Parham’s basis to rescind the transaction fails to state a claim for rescission for two reasons: first, because Parham did not make an…