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OLSEN v. FINANCIAL FED. SAV. & LOAN ASS'N

No. 80-930.

105 Ill. App.3d 364 (1982)

434 N.E.2d 406

LEE T. OLSEN et al., Plaintiffs-Appellants, v. FINANCIAL FEDERAL SAVINGS AND LOAN ASSOCIATION, Defendant-Appellee.

Appellate Court of Illinois — First District (1st Division).

Opinion filed March 29, 1982.

Attorney(s) appearing for the Case

Drucker and Duax, Ltd., of Chicago, for appellants.

Schumacher, Jones, Vallely, Kelly & Olson, of Chicago, for appellee.

Office of the General Counsel, Federal Home Loan Bank Board, of Washington, D.C. (Milan C. Miskovsky, Ralph W. Christy, Harvey Simon, and Paul W. Grace, of counsel), for amicus curiae Federal Home Loan Bank Board.

Order affirmed.

PRESIDING JUSTICE CAMPBELL delivered the opinion of the court:

Plaintiffs Lee and Nancy Olsen bring the instant appeal from an order of the circuit court of Cook County dismissing their complaint brought under the Illinois Mortgage Escrow Account Act (Ill. Rev. Stat. 1975, ch. 95, par. 101 et seq.) for injunctive relief and money damages for the nonpayment of interest on sums placed with...

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