Federal Sav. and Loan Ins. Corp. v. Locke

MEMORANDUM OPINION AND ORDER

WALTER S. SMITH, Jr., District Judge.

In this case, the Federal Savings and Loan Insurance Corporation, acting in its Corporate Capacity (“FSLIC Corporate”), seeks to recover on four promissory notes signed by defendant, Larry V. Locke (“Locke”). The four notes at issue here were purchased by FSLIC Corporate from an insolvent thrift. Locke asserts as affirmative defenses and as the basis for counterclaims, wrongful foreclosure, bad faith, breach of fiduciary duty, violations of the Texas Deceptive Trade Practices — Consumer Protection Act (“DTPA”), usury, breach of…