Tellado v. IndyMac Mortgage Services
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION
ROTH, Circuit Judge:
This appeal is from the District Court’s order to cancel a mortgage loan made by IndyMac Bank, FSB, to Jose and Maria Tellado. After IndyMac failed and was placed into receivership, with the Federal Deposit Insurance Corporation (FDIC) as its receiver, the mortgage loan was purchased from the FDIC by OneWest Bank, FSB. OneWest challenges the District Court’s August 8, 2011, order directing OneWest to cancel the loan and refund to the Tellados all payments made under the mortgage loan agreement. OneWest also challenges the $10,000 penalty that the District Court…
2Cases cited12 opinions
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- Martin v. BrownCourt of Appeals for the Third Circuit · 1995
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