California Court of Appeal

A yield spread premium paid in connection with a residential mortgage loan is not included in the definition of points and fees payable by a borrower at, or before, closing under the predatory lending law.

Appellate Information

• Decided 12/20/2004
• Published 12/20/2004

Judges

Court

• California Court of Appeal

Counsel

• For Appellant:
  
• Lakeshore Law Center, Jeffrey Wilens, Yorba Linda;  Law Offices of Jeffrey P. Spencer, Jeffrey P. Spencer, San Clemente;  Law Offices of Michael F. Creamer and Michael F. Creamer, Santa Ana, for Plaintiff and Appellant., Norma P. Garcia, Costa Mesa, for Consumers Union of the U.S. Inc., as Amicus Curiae on behalf of Plaintiff and Appellant., Kevin D. Stein for California Reinvestment Coalition as Amicus Curiae on behalf of Plaintiff and Appellant., Barbara Jones, Pasadena, for AARP Foundation Litigation as Amicus Curiae on behalf of Plaintiff and Appellant.


• For Appellees:
  
• Call, Jensen & Ferrell, Scott J. Ferrell, Elizabeth K. Penfil, Melinda Evans and Wayne W. Call, Newport Beach, for Defendants and Respondents.