United States Seventh Circuit

In a suit under the Truth in Lending Act alleging failure on the part of a lender to make required disclosures applicable to "high-cost" loans, summary judgment for defendant is affirmed where the loss to plaintiffs attributable to the fraud of defendant's agent did not qualify as loan expenses, thus the loan was not high-cost for purposes of the Act.

Appellate Information

• Argued 01/12/2007
• Decided 08/14/2007
• Published 08/14/2007

Judges

• SYKES, Circuit Judge., Before POSNER, WOOD, and SYKES, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Steven J. Plotkin (argued), Evanston, IL, for Plaintiffs-Appellants.


• For Appellees:
  
• Craig A. Varga, Harold Hilborn (argued), Varga, Berger, Ledsky, Hayes & Casey, Cathy A. Pilkington, Chicago, IL, for Defendants-Appellees.