FIRST FEDERAL SAV. & LOAN ASS'N v. CAUDLE

81-384.

425 So.2d 1050 (1982)

FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF HAMILTON, Alabama, a corporation v. Jerry A. CAUDLE and Carolyn Caudle.

Supreme Court of Alabama.

As Modified on Denial of Rehearing December 22, 1982.

Rehearing Denied January 21, 1983.


Attorney(s) appearing for the Case

John Self, Hamilton, for appellant.

William H. Atkinson of Fite, Davis & Atkinson, Hamilton, for appellees.


MADDOX, Justice.

The central question presented by this appeal is whether a statement made by a lender's agent to prospective home buyers that they had been approved for an FHA 235 loan, when they, in fact, had not been approved, is actionable, and whether a verdict of $22,500 rendered by the jury was proper and supported by the evidence.

Jerry and Carolyn Caudle, plaintiffs below, are husband and wife. In June of 1980, the appellees, desiring to purchase...

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