1. Home
  2. Browse Decisions
  3. F.2d
  4. 504 F.2d
  5. 504 F.2d 1071 (1974)
 

EQUITY MORTGAGE CORPORATION v. LOFTUS

No. 74-1003.

504 F.2d 1071 (1974)

EQUITY MORTGAGE CORPORATION, a Virginia corporation, Appellee, v. Harold J. LOFTUS, Jr. and Jeanne M. Loftus, Defendants, United States of America, Appellant.

United States Court of Appeals, Fourth Circuit.

Decided October 18, 1974.

Attorney(s) appearing for the Case

Gary R. Allen, Atty., Tax Div., U.S. Dept. of Justice (Scott P. Crampton, Asst. Atty. Gen., Meyer Rothwacks, Crombie J. D. Garrett, Attys., Tax Div., U.S. Dept. of Justice, Brian P. Gettings, U.S. Atty., and James A. Oast, Jr., Asst. U.S. Atty., on brief) for appellant.

Robert M. White, Norfolk, Va. (White & Selkin, Norfolk, Va., on brief) for appellee.

Before BOREMAN, Senior Circuit Judge, WINTER and CRAVEN, Circuit Judges.

WINTER, Circuit Judge:

When Equity Mortgage Corporation (Equity) foreclosed its second deed of trust on property owned by Mr. and Mrs. Harold Loftus in Virginia Beach, Virginia, it purchased the property for $1,000, subject to a first deed of trust to Mutual Federal Savings and Loan Association (Mutual) on which the principal balance was $17,956.33. At the time, the principal balance on the second deed of trust was $3,210.28. Additionally, before foreclosure, Equity...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases