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PATROWICZ v. TRANSAMERICA HOMEFIRST, INC.

No. 3:04CV1362 (MRK).

359 F.Supp.2d 140 (2005)

Lucie Juneau PATROWICZ, Executrix of the Estate of Gertrude Philibert, Plaintiff, v. TRANSAMERICA HOMEFIRST, INC., Financial Freedom Senior Funding Corporation, Metropolitan Life Insurance Company, Defendants.

United States District Court, D. Connecticut.

March 2, 2005.

Attorney(s) appearing for the Case

Leo Gold, Benjamin & Gold, Stamford, CT, for Plaintiff.

Andrew D. Moore, McCarter & English, Erin O'Brien Choquette, Theodore J. Tucci, Robinson & Cole, Hartford, CT, James H. Fleming, Fleming & Phillips, LLP, Walnut Creek, CA, Louis K. Fisher, Jones Day, Washington, DC, Lynne P. Mallya, Jones Day, Los Angeles, CA, for Defendants.

MEMORANDUM OF DECISION

KRAVITZ, District Judge.

This lawsuit arises out of a "reverse mortgage" between Defendant Transamerica HomeFirst, Inc. ("HomeFirst"), the predecessor in interest to Defendant Financial Freedom Senior Funding Corporation ("Financial Freedom"), and Gertrude Philibert dated July 29, 1996. Under a reverse mortgage, a borrower typically receives an initial lump sum and subsequent monthly payments secured by the equity in his or...

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