652 F.2d 375 (4th Cir. 1981), 80-1559, Brown v. Cameron-Brown Co.

Docket Nº:80-1559, 80-1560.
Citation:652 F.2d 375
Party Name:Edward L. BROWN, Sr., Individually and on Behalf of All Members of a Class of Borrowers Similarly Situated; Julius and Esther Collins, Individually and on Behalf of All Members of a Class of Borrowers Similarly Situated; Thomas G. and Shirley Dillard, Individually and on Behalf of All Members of a Class of Borrowers Similarly Situated; Elish Lake,
Case Date:June 18, 1981
Court:United States Courts of Appeals, Court of Appeals for the Fourth Circuit
 
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Page 375

652 F.2d 375 (4th Cir. 1981)

Edward L. BROWN, Sr., Individually and on Behalf of All

Members of a Class of Borrowers Similarly Situated; Julius

and Esther Collins, Individually and on Behalf of All

Members of a Class of Borrowers Similarly Situated; Thomas

G. and Shirley Dillard, Individually and on Behalf of All

Members of a Class of Borrowers Similarly Situated; Elish

Lake, Individually and on Behalf of All Members of a Class

of Borrowers Similarly Situated; William L. and Hilda

McNeely, Individually and on Behalf of All Members of a

Class of Borrowers Similarly Situated; Percy Vandeleeuw,

Individually and on Behalf of All Members of a Class of

Borrowers Similarly Situated; James A. and Sheila White,

Individually and on Behalf of All Members of a Class of

Borrowers Similarly Situated; George M. Jr. and Constance

Wyatt, Individually and on Behalf of All Members of a Class

of Borrowers Similarly Situated; Appellants,

v.

CAMERON-BROWN COMPANY; Century Mortgage Company, Inc.;

Colonial Group, Inc.; Colonial Mortgage Corporation of D.

C.; Colonial Mortgage Service Company; Countrywide Funding

Corporation; Finney Mortgage Corporation; First Colonial

Investors Corporation; The Lomas & Nettleton Company;

Metropolitan Mortgage Fund, Inc.; First Mortgage

Corporation; United Virginia Mortgage Corporation; VNB

Mortgage Corporation; Virginia Investment and Mortgage

Corporation; Weaver Brothers, Inc.; Western Pacific

Financial Corporation of Maryland; Citizens Trust Bank;

Dominion National Bank; Fidelity American Bank (now known as

Central Fidelity Bank); First Virginia Bank of Tidewater;

Peoples Bank of Chesapeake; Virginia National Bank; United

Virginia Bank/Seaboard National; Atlantic Permanent Savings

and Loan Association; Chesapeake Savings and Loan

Association; First American Savings and Loan Association of

Virginia; First Federal Savings and Loan Association (now

known as First Savings & Loan Association of Suffolk); Life

Federal Savings and Loan Association; Mutual Federal Savings

and Loan Association; Peninsula Savings and Loan

Association; Pennamco, Inc.; Berkley Citizens Mutual Savings

and Loan Association, Inc.; Seaboard Savings and Loan;

Virginia Beach Federal Savings and Loan Association;

Allstate Enterprises Mortgage; Appellees.

Edward L. BROWN, Sr., Individually and on Behalf of All

Members of a Class of Borrowers Similarly Situated; Julius

and Esther Collins, Individually and on Behalf of All

Members of a Class of Borrowers Similarly Situated; Thomas

G. and Shirley Dillard, Individually and on Behalf of All

Members of a Class of Borrowers Similarly Situated; Elish

Lake, Individually and on Behalf of All Members of a Class

of Borrowers Similarly Situated; William L. and Hilda

McNeely, Individually and on Behalf of All Members of a

Class of Borrowers Similarly Situated; Percy Vandeleeuw,

Individually and on Behalf of All Members of a Class of

Borrowers Similarly Situated; James A. and Sheila White,

Individually and on Behalf of All Members of a Class of

Borrowers Similarly Situated; George M. Jr. and Constance

Wyatt, Individually and on Behalf of All Members of a Class

of Borrowers Similarly Situated; Appellees,

v.

CAMERON-BROWN COMPANY; Century Mortgage Company, Inc.;

Colonial Group, Inc.; Colonial Mortgage Corporation of D.

C.; Colonial Mortgage Service Company; Finney Mortgage

Corporation; The Lomas and Nettleton Company; Metropolitan

Mortgage Fund, Inc.; First Mortgage Corporation; United

Virginia Mortgage Corporation; Weaver Brothers, Inc.;

Western Pacific Financial Corporation of Maryland; Citizens

Trust Bank; Dominion National Bank; Fidelity American Bank

(now known as Central Fidelity Bank); First Virginia Bank of

Tidewater; Peoples Bank of Chesapeake; Virginia National

Bank; United Virginia Bank/Seaboard National; Atlantic

Permanent Savings and Loan Association; Chesapeake Savings

and Loan Association; First American Savings and Loan

Association of Virginia; First Federal Savings and Loan

Association (now known as First Savings & Loan Association

of Suffolk); Life Federal Savings and Loan Association;

Peninsula Savings and Loan Association; Pennamco, Inc.;

Berkley Citizens Mutual Savings and Loan Association, Inc.;

Seaboard Savings and Loan Association; Virginia Beach

Federal Savings and Loan Association; Allstate Enterprises

Mortgage; Appellants,

and

Countrywide Funding Corporation; First Colonial Investors

Corporation; VNB Mortgage Corporation; Virginia

Investment and Mortgage Corporation;

Mutual Federal Savings and

Loan Association; Defendants.

Nos. 80-1559, 80-1560.

United States Court of Appeals, Fourth Circuit

June 18, 1981

Argued March 5, 1981.

Page 376

Arnold Levin, Philadelphia, Pa. (Michael Fishbein, Claudia Tesoro, Adler, Barish, Levin & Creskoff, Philadelphia, Pa., Calvin W. Breit, William D. Breit, Briet, Rutter & Montagna, Norfolk, Va., on brief), for appellants/cross-appellees.

James C. Roberts, Richmond, Va. (Mays, Valentine...

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