First Union Mortgage Corp. v. Thomas

Howell, Chief Judge:

First Union Mortgage Corporation (First Union) brought this action against Jacob E. Thomas seeking to recover $58,500 due as an origination fee for First Union’s services in obtaining a loan commitment from a proposed lender. Thomas filed various counterclaims. The jury found in favor of Thomas on First Union’s claim, and awarded almost $600,000 in actual and punitive damages against First Union on Thomas’ counterclaims. First Union appeals the denial of its motions for JNOV, new trial and new trial nisi remittitur. Thomas appeals the trial court’s dismissal of an…