Logourl black

In re Ameriquest Mortgage Co. Mortgage Lending Practices Litigation

United States District Court for the Northern District of Illinois
2007 U.S. Dist. LEXIS 70805 (N.D. Ill. 2007)


Facts

Skanes (plaintiff) alleged that she signed a mortgage with Ameriquest Mortgage Co. (Ameriquest) (defendant), which ordered an appraisal of the home Skanes was to purchase. Skanes alleged that Ameriquest and the appraiser inflated the value of the home to increase the loan amount and therefore Ameriquest’s profit. In her complaint, Skanes asserted a federal claim under the Truth-in-Lending Act (TILA) and state law claims for fraud.

Rule of Law

The rule of law is the black letter law upon which the court rested its decision. To access this section, start your 7-day free trial of Quimbee for Law Students.

Issue

The issue section includes the dispositive legal issue in the case phrased as a question. To access this section, start your 7-day free trial of Quimbee for Law Students.

Holding and Reasoning (Aspen, J.)

The holding and reasoning section includes:

  • A “yes” or “no” answer to the question framed in the issue section;
  • A summary of the majority or plurality opinion, using the CREAC method; and
  • The procedural disposition (e.g. reversed and remanded, affirmed, etc.).

To access this section, start your 7-day free trial of Quimbee for Law Students.

Here's why 73,000 law students rely on our case briefs:

  • Reliable - written by law professors and practitioners not other law students.
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your class - works on your mobile and tablet.
  • 10,395 briefs - keyed to 134 casebooks.
  • Uniform format for every case brief.
  • Written in plain English - not in legalese and not just repeating the court's language.
  • Massive library of related video lessons - and practice questions.
  • Ability to tag case briefs in an outlining tool.
  • Top-notch customer support.
Start Your Free Trial Now