Townsend v. CitiMortgage Inc.

IN THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF ALABAMA NORTHERN DIVISION WILLIAM L. TOWNSEND, et al., ) ) Plaintiffs, ) ) v. ) ) CASE NO. 2:19-cv-251-RAH-SMD CITIMORTGAGE INC., et al., ) (WO) ) Defendants. ) MEMORANDUM OPINION AND ORDER This matter concerns an equity builder program1 into which the Plaintiffs William L. Townsend and Bertha Townsend enrolled in 2001 when they obtained a residential loan. The Townsends claim they have dutifully made their payments under the program for 18 years, and therefore were entitled to satisfaction and release of the mortgage against…