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PERKINS v. CENTRAL MORTG. CO.

No. Civ.A. 05-1524.

422 F.Supp.2d 487 (2006)

Stephanie PERKINS and Louise Perkins v. CENTRAL MORTGAGE CO., As Servicer for Fairbanks Capital Corp.

United States District Court, E.D. Pennsylvania.

February 1, 2006.

Attorney(s) appearing for the Case

David A. Scholl, Newtown Square, PA, for Stephanie Perkins and Louise Perkins.

Anita J. Murray, Eckert Seamans Cherin & Mellott, LLC, Daniel S. Bernheim, Silverman Bernheim & Vogel, Philadelphia, PA, for Central Mortgage Co.

MEMORANDUM AND ORDER

SAVAGE, District Judge.

The plaintiffs brought this action for statutory damages and rescission under the Truth in Lending Act ("TILA"), alleging that the defendants failed to honor their demand for rescission of a mortgage loan. Defendant Central Mortgage Company ("Central"), the loan servicer, has moved to dismiss the amended complaint,1 raising two grounds: (1) the transaction was not rescindable...

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