Lewis Wu v. Capital One NA

OPINION *

BARRY, Circuit Judge.

Lewis and Rachel Wu appeal from an order of the District Court granting summary judgment in favor of defendants Capital One, N.A. and Chevy Chase Bank F.S.B. (“the Bank”) on appellants’ tort and contract claims relating to a mortgage loan extended by the Bank. 1 We will affirm.

I

In 2006, appellants took out a loan from the Bank in the amount of $5,795,418 to buy, and build a home on, property in Alpine, New Jersey. Of that amount, $2,495,418 was allocated for the purchase of the property. The remainder, $8.3 million, was to be disbursed periodically for…