Texas Appeals Panel Upholds Summary Judgment For Home Equity Lenders
(April 21, 2016, 9:02 AM EDT) -- DALLAS — A Texas state court properly granted a home equity loan lender and servicer summary judgment in a suit brought by the borrower and his wife who accused the lenders of tortious and predatory lending practices, a Texas Fifth District Court of Appeals panel ruled April 11 (Billy and Candace Schoppe v. Deutsche Bank National Trust Company, et al., No. 05-12-00595-CV, Texas App., 5th Dist.; 2016 Tex. App. LEXIS 3692).
(Opinion available. Document #85-160510-006Z.)
Billy Schoppe obtained a $910,000 home equity loan on a property...