House Federal Discounts & Financing Assn. v. Ramos (1991)

House Federal Discounts & Financing Assn. v. Ramos (1991)

Defendant Ronald J. Ramos appeals a view after the trial court led a decision in support of plaintiff Family Government Savings & Loan Connection (Home Government) out of Ramos’s responsibility towards a consumer loan warranty. We affirm.

Thomas Lynn, a primary financing officer having Family Federal, negotiated the newest agreement that have Brooks and you will prepared three data-the loan modification arrangement, the newest promissory note in addition to [229 Cal

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Defendant Ramos was president of your own Ramos/Jensen Team (R/J Co.), a ca corporation. R/J Co. try the general partner off a finite partnership, this new Peacock Ridge Providers (Peacock), formed doing the new Peacock Ridge design investment. Ranging from September 1983 and you will February 1985, plaintiff Family Federal loaned almost $seven.4 billion on the Peacock connection. Continue reading