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LOMAS & NETTLETON CO. v. MOORE

No. 14164.

385 So.2d 881 (1980)

The LOMAS & NETTLETON COMPANY, Plaintiff-Appellee, v. J. W. MOORE and Mary Bryant Moore, Defendants and Third Party Plaintiffs-Appellees, First Fidelity Mortgage Company, Third Party Defendant-Appellant.

Court of Appeal of Louisiana, Second Circuit.

Rehearing Denied July 24, 1980.

Attorney(s) appearing for the Case

Boles & Mounger by Charles H. Ryan, Monroe, for third party defendant-appellant.

Horton & Jones by Donald G. Horton, Coushatta, for defendants and third party plaintiffs-appellees.

Before PRICE, JASPER E. JONES and FRED W. JONES, JJ.

En Banc. Rehearing Denied July 24, 1980.

FRED W. JONES, Judge.

In July, 1972, J. W. Moore and his nephew, James Moore, purchased new homes across the street from each other in a subdivision near Coushatta, Louisiana, under the FHA "235" loan assistance program. In connection with the financing of his purchase each vendee executed a mortgage in favor of Bridges Loan & Investment Company, Inc. ("Bridges"), Jackson, Mississippi. In turn, Bridges...

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