Reeves v. McClain
Court of Appeals of Washington
1Opinion of the CourtGreen, J.
This case involves an appeal from a decision awarding a purchaser of real estate rescission and damages against the seller who in turn obtained a judgment over and against a bank for negligence.
In 1966 Washington Mutual Savings Bank (WMSB) made a home loan to Frances and Arthur Wilson, secured by a deed of trust. The terms of the note and deed of trust required Mr. Wilson to pay WMSB a monthly installment covering principal, interest and reserves for insurance and taxes.
In 1974 the Wilsons sold the home. The sale agreement was placed in escrow with WMSB. It was directed to first pay the…
2Cases cited12 opinions
- Smith v. ShannonWashington Supreme Court · 1983
- National Bank v. Equity InvestorsWashington Supreme Court · 1973
- West Coast Stationary Engineers Welfare Fund v. City of KennewickCourt of Appeals of Washington · 1985
- Hebb v. SeversonWashington Supreme Court · 1948
- D. Jean Pope, and Quali-Built, Inc. v. Savings Bank of Puget Sound, and Ticor Title Insurance Co. And Bruce H. HurstCourt of Appeals for the Ninth Circuit · 1988
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3Cited by23 opinions
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- Discover Bank v. RayCourt of Appeals of Washington · 2007
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