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LINDENBERG v. FIRST FEDERAL SAV. AND LOAN ASS'N

Civ. A. No. C80-983A.

528 F.Supp. 440 (1981)

Gerald J. LINDENBERG, David M. Green and Ouida S. Green, on behalf of themselves and all other persons similarly situated, Plaintiffs, v. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION and Fulton Federal Savings and Loan Association, on behalf of themselves and all other federal savings and loan associations similarly situated, Defendants.

United States District Court, N. D. Georgia, Atlanta Division.

December 8, 1981.

Attorney(s) appearing for the Case

Joseph Lefkoff, Jerry L. Sims, Lefkoff, Pike, Fox & Sims, P.C., Atlanta, Ga., for plaintiffs.

Trammell E. Vickery, James A. Gilbert, Hansell, Post, Brandon & Dorsey, Henry M. Hatcher, Jr., Thomas Hal Clarke, Paul H. Anderson, Mitchell, Clarke, Pate, Anderson & Wimberly, Atlanta, Ga., for defendants.

ORDER

ROBERT T. HALL, District Judge.

High interest rates and an uncertain economy over the past several years have lead to well publicized strains on the housing market. This is one of a growing number of cases around the country challenging the home mortgage lending practices of federally chartered banks and thrift institutions during this unsettled period.1

Plaintiffs in this action are home purchasers, defendants...

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