Johnson v. Wells Fargo Home Mortgage, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that a loan to acquire, improve, or maintain non-owner occupied rental property was a loan for a business purpose
• holding that the conclusion a 28 loan was obtained for a “business purpose” was “the end of the matter”
• concluding that loan to acquire non-owner occupied rental property under Regulation Z was also excluded under RESPA as loan for business purpose
• holding that where mortgages were for 14 “non-owner-occupied rental properties,” the mortgages were business-purpose loans
• holding that the Real Estate Settlement Procedures Act, 12 U.S.C. § 2601 et seq., does not apply to commercial or business loans such that it would give rise to a state law duty of care
• recognizing that even on de novo review, remand to the trial court may be warranted to promote “the appropriate division of appellate and trial court roles” in cases where the trial court’s opinion is “spare” or “non-existent”

Source: CourtListener parenthetical corpus (CC0).