In Re: Comm Bank

Opinions of the United 2005 Decisions States Court of Appeals for the Third Circuit 9-21-2005 In Re: Comm Bank Precedential or Non-Precedential: Precedential Docket No. 03-4220 Follow this and additional works at: http://digitalcommons.law.villanova.edu/thirdcircuit_2005 Recommended Citation "In Re: Comm Bank " (2005). 2005 Decisions. Paper 466. http://digitalcommons.law.villanova.edu/thirdcircuit_2005/466 This decision is brought to you for free and open access by the Opinions of the United States Court of Appeals for the Third Circuit at Villanova University School of Law Digital Repository. It has been accepted for inclusion in 2005 Decisions by an authorized administrator of Villanova University School of Law Digital Repository. For more information, please contact Benjamin.Carlson@law.villanova.edu. UNITED STATES COURT OF APPEALS FOR THE THIRD CIRCUIT Nos. 03-4220, 03-4221, 03-4275, 03-4294, 03-4316, 03-4319, 03-4504, 03-4732, 03-4837, 04-4838, 03-4862, 04-1002, and 04-1039 ________ IN RE: COMMUNITY BANK OF NORTHERN VIRGINIA AND GUARANTY NATIONAL BANK OF TALLAHASSEE SECOND MORTGAGE LOAN LITIGATION Stephanie Spann; Leonila T. Nini; Eufronio Nini; John Hardt; Robbin Verbeck; Stephanie Hafford; Charles B. Poindexter; Maureen F. Poindexter; David B. Walker; Shundra R. Walker; Jessie Dodd; James Beckius; Linda Whitehead; Lynell B. Wingfield; Jario Ivan Sarrie; Beatriz Sarrie; Michelle K. Morgan; Sharon Finnerty; Donald Appleton; Jeanette Appleton; Edelman, Combs & Latturner, LLC; Appellants in No. 03-4220 Walters, Bender, Strohbehn & Vaughan, P.C., Appellant in No. 03-4221 Scott C. Borison, Appellant in No. 03-4294 Badeaux Class Member Opt-Outs, Appellants in Nos. 03-4316 and 03-4838 Alabama Class Member Opt-Outs, Appellants in No. 03-4319 Dickey, McCamey & Chilcote, P.C., David J. Armstrong, Esq., Douglas C. LaSota, Esq., Franklin R. Nix, Esq., Georgia Class Member Opt-Outs, Appellants in Nos. 03-4275 and 03-4504 Ronald D. Gray; Ozy T. McDaniel; Jerline McDaniel; Tammy and David Wasem; Richard and Margaret Harlin; Sylvester and Patricia Watkins; Stephen D. Jensen; Joseph E. and Cynthia A. Brownfield; Missouri Class Member Opt-Outs; 1 Illinois Class Member Opt-Outs, Appellants in No. 03-4732 Michael Lane; Marcos Escalante; Cheryl White-Berry; William P. Gorny; Rinaldo Swayne, Appellants in No. 03-4837 Franklin R. Nix, Esq.; Georgia Class Member Opt-Outs and Objectors, Appellants in No. 03-4862 Marion Deloy Smith, Appellant in No. 04-1002 John W. Sharbrough, III, Esq.; The Sharbrough Law Firm; Alabama Class Member Opt-Outs Appellants in No. 04-1039 ________ Argued February 17, 2005 Before: SLOVITER, AMBRO, and ALDISERT, Circuit Judges ORDER AMENDING OPINION IT IS ORDERED that the slip opinion in the above case, filed August 11, 2005, be amended as follows: Page 45, sentence beginning on line 10 with the words “Voluntary assignees of a credit obligation . . .” should be deleted and replaced by the following: The parties dispute the scope of assignee liability arising from HOEPA loans, an issue that has divided the district courts. Compare, e.g. Cooper v. First Government Mortgage and Investors Corp., 238 F. Supp. 2d 50, 55 (D. D.C. 2002), with Baker v. Century Financial Group, Inc., No. 01-0903-CV-W-SOW-ECF, 2001 U.S. Dist. LEXIS 24320, at *7 (W.D. Mo. 2001). Appellants contend that the operative legal standard is set forth in § 1641(d). Appellees 2 argue that § 1641(d) does not provide an independent basis for liability. This court need not, and does not, resolve that dispute at this time. By the Court, /s/ Dolores K. Sloviter Circuit Judge Dated: September 21, 2005 nmb/cc: All Counsel of Record 3