Reed v. Washington Trailer Sales, Inc.

MEMORANDUM

MORTON, District Judge.

This is an action under the Truth in Lending Act, 15 U.S.C. § 1601 et seq., arising out of plaintiffs’ purchase of a mobile home from Washington Trailer Sales, Inc. (Washington). Washington is in the business of selling and financing new and used mobile homes, or. trailers, for profit. Commerce Union Bank (C.U.B.), a banking corporation doing business in the State of Tennessee, is the assignee of the sales contract, and is an issuer of credit within the meaning of the Act. Violations of the Act’s disclosure provisions have been alleged and plaintiffs seek to…