DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
141921P.pdf 06/18/2015 James Wong v. Bann-Cor Mortgage
U.S. Court of Appeals Case No: 14-1921
U.S. District Court for the Western District of Missouri - Kansas City
[PUBLISHED] [Shepherd, Author, with Murphy, Circuit Judge, and Brooks,
District Judge]
Civil case - Missouri Second Mortgage Loan Act. The district court
correctly found that plaintiffs lacked standing to pursue their claim for
improper fee collection against some of the named lenders because those
defendants never personally serviced the loan or were never assigned the
borrowers' loans; Rashaw v. United Consumers Credit Union, 685 F.3d 739
(8th Cir. 2012), was a complete rejection of the Missouri Court of Appeals
decision that claims under the Missouri Second Mortgage Loan Act were
governed by a six-year statute of limitations, and the claims are governed
by the three-year statute of limitations; applying the three-year statute,
the claims here are time-barred.