United States DC Circuit

In a case involving mortgage lenders, the Court affirmed summary judgment in favor of defendant, stating that the Office of Thrift Supervision (OTS) did not exceed its statutory authority in promulgating its rule that exempts nonfederally chartered housing creditors that engage in alternative mortgage transactions from certain OTS regulation.

Appellate Information

• Argued 04/06/2004
• Decided 07/13/2004
• Published 07/13/2004

Judges

• Before:  GINSBURG, Chief Judge, and HENDERSON and RANDOLPH, Circuit Judges.

Court

• United States DC Circuit

Counsel

• For Appellant:
  
• Ronald W. Stevens argued the cause for appellant.   With him on the briefs were David R. Overstreet and Christopher R. Nestor.


• For Appellees:
  
• Thomas J. Segal, Deputy Chief Counsel, Office of Thrift Supervision, argued the cause for appellees.   With him on the brief was Elizabeth R. Moore, Special Counsel., Sarah Reznek was on the brief for amicus curiae State Attorneys General in support of appellee., Cheryl L. Ziegler, Jonathan P. Hooks, Nina F. Simon, and Michael R. Schuster were on the brief for amici curiae National Community Reinvestment Coalition, et al. in support of appellee.