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Sampson v. Chase Home Fin.

Sampson v. Chase Home Fin.

Ruling
Debtor's failure to timely raise claims regarding origination, terms and execution of loan resulted in waiver.
Procedural posture

Plaintiffs, mortgagors, sued defendants, bank, mortgage corporation, loan assignee, and mortgage broker, and asserted state law causes of action related to the origination, terms, and execution of the loan, the balloon note, and the forbearance agreement. The bank, mortgage corporation, loan assignee, and mortgage broker removed the action to federal court. The bank, the mortgage corporation, and the loan assignee filed motions to dismiss.

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Consumer opinion summary, case decided on November 03, 2009 , LexisNexis #1209-030