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Usury And Loan Transfers, Roger Bernhardt, Alex Volkov
Usury And Loan Transfers, Roger Bernhardt, Alex Volkov
Publications
This Article is primarily concerned with the effect of transferring a mortgage loan from its originating loan broker to a group of small investors when that loan was at its inception usurious. However, because the rules applicable to that situation are not confined to mortgage law, we begin with a general explanation of usury rules before dealing with the particular real estate loan transaction mentioned.
Klett V. Security Acceptance Co. [Dissent], Jesse W. Carter
Klett V. Security Acceptance Co. [Dissent], Jesse W. Carter
Jesse Carter Opinions
Discount sales offered to a finance company as part of the security given by a businessman for a loan were not part of a usurious scheme because the transaction was made at the businessman's request.