California Court of Appeal

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Holbert v. Fremont Inv. & Loan, C058026

In plaintiff's suit against a financial lender, dismissal of the complaint is affirmed where: 1) defendant was not required to comply with the Home Ownership and Equity Protection Act of 1994 (HOEPA), which applies when the finance charges imposed on a loan exceed a certain threshold; 2) two charges imposed on plaintiff, one to pay off a preexisting debt to another lender and another to satisfy a prepayment penalty on a prior home loan, were not finance charges within the meaning of HOEPA; 3) plaintiff has not established a claim against defendant for unfair business practices; and 4) while plaintiff may have a viable claim against her loan broker for financial elder abuse based on various misrepresentations made during the loan process, she failed to link that claim to defendant, who is as much a victim of the broker's misrepresentations as plaintiff.

Appellate Information

  • Decided 11/30/2009
  • Published 11/30/2009


  • HULL, J.


  • California Court of Appeal


  • For Appellant:
  • Goodman & Associates, Karen M. Goodman and Summer D. Haro, Sacramento, for Plaintiff and Appellant.

  • For Appellees:
  • The Ryan Firm, Timothy M. Ryan and Barry G. Coleman, for Defendant and Respondent.
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