Vaughn v. Consumer Home Mortgage, Inc.

MEMORANDUM & ORDER

GLASSER, District Judge.

This action is based upon the purchase and financing of residential real property by Plaintiffs in two related cases. Plaintiffs contend that numerous parties, including the seller/broker, the mortgage lender, several of their officers and employees, and several attorneys, engaged in a predatory lending scheme that induced the Plaintiffs to purchase these residences at inflated prices. Plaintiffs have also sued the Secretary of the United States Department of Housing and Urban Development (“HUD”) for abuse of discretion and failure to discharge duties…