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JONES v. TRANSOHIO SAV. ASS'N

No. C82-3130.

569 F.Supp. 1188 (1983)

Richard M. JONES, et al., Plaintiffs, v. The TRANSOHIO SAVINGS ASSOCIATION, Defendant.

United States District Court, N.D. Ohio, E.D.

July 1, 1983.

Attorney(s) appearing for the Case

Harvey B. Bruner, Steven M. Weiss, Bruner & Shafran, Cleveland, Ohio, for plaintiffs.

Brett J. Bacon, David Naftzinger, Thompson, Hine & Flory, Cleveland, Ohio, for defendant.

MEMORANDUM OF OPINION AND ORDER

KRENZLER, District Judge.

This action was filed by the plaintiffs on November 12, 1982. The plaintiffs alleged that the defendant's assignor violated the Truth-in-Lending Act (hereinafter TILA), 15 U.S.C. § 1601 et seq. and Federal Reserve Regulation Z, 12 C.F.R. § 226.1 et seq., by failing to disclose the variable-rate feature of their mortgage. The plaintiffs...

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