Advertisement
YOU ARE HERE: LAT HomeCollectionsRancho Santa Margarita Mortgage Co
IN THE NEWS

Rancho Santa Margarita Mortgage Co

FEATURED ARTICLES
CALIFORNIA | LOCAL
September 2, 1994 | MATT LAIT, TIMES STAFF WRITER
A state appeals court has upheld a $150,000 award to a black couple who sued a South Orange County mortgage broker, alleging they were denied a home loan in tony Coto de Caza because of their race. In a unanimous opinion released Thursday, the 4th District Court of Appeal ruled there was ample evidence to support the jury's conclusion that George and Elizabeth Green were discriminated against by the Rancho Santa Margarita Mortgage Co.
ARTICLES BY DATE
BUSINESS
October 28, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
NationsBank Corp., the country's third-largest banking company, announced its first foray into California on Thursday with the purchase of three small Pasadena-based mortgage banks. NationsBank said its home loan unit, NationsBanc Mortgage Corp., bought Cypress Financial Corp., Rancho Santa Margarita Mortgage Corp. and RSM Funding Corp. Terms were not disclosed. The three mortgage banks have combined loan portfolios of $1.3 billion and 22 offices scattered across Southern California and Arizona.
Advertisement
BUSINESS
September 25, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
A jury has awarded a black Coto de Caza couple $150,000 after finding that a mortgage company's failure to get them a loan was racially motivated. The jury decision in Orange County Superior Court on Wednesday stems from George and Elizabeth Green's attempt to buy a $460,000 house in Coto de Caza in 1989. The jury, in its 10-2 decision, also awarded the couple attorney fees, which could reach $90,000.
CALIFORNIA | LOCAL
September 2, 1994 | MATT LAIT, TIMES STAFF WRITER
A state appeals court has upheld a $150,000 award to a black couple who sued a South Orange County mortgage broker, alleging they were denied a home loan in tony Coto de Caza because of their race. In a unanimous opinion released Thursday, the 4th District Court of Appeal ruled there was ample evidence to support the jury's conclusion that George and Elizabeth Green were discriminated against by the Rancho Santa Margarita Mortgage Co.
BUSINESS
October 28, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
NationsBank Corp., the country's third-largest banking company, announced its first foray into California on Thursday with the purchase of three small Pasadena-based mortgage banks. NationsBank said its home loan unit, NationsBanc Mortgage Corp., bought Cypress Financial Corp., Rancho Santa Margarita Mortgage Corp. and RSM Funding Corp. Terms were not disclosed. The three mortgage banks have combined loan portfolios of $1.3 billion and 22 offices scattered across Southern California and Arizona.
CALIFORNIA | LOCAL
December 20, 1991 | MATT LAIT, TIMES STAFF WRITER
A couple who claim they were denied a loan for a house they were trying to buy in Coto de Caza because they are black can refile a racial discrimination lawsuit against the lending company, an appeals court said in a ruling released Thursday. George and Elizabeth Green initially won an $80,000 jury verdict in the case in July, 1990, despite the jury's finding that racial discrimination was not a factor in the lender's denial of a loan to the couple.
BUSINESS
September 25, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
A jury has awarded a black Coto de Caza couple $150,000 after finding that a mortgage company's failure to get them a loan was racially motivated. The jury decision in Orange County Superior Court on Wednesday stems from George and Elizabeth Green's attempt to buy a $460,000 house in Coto de Caza in 1989. The jury, in its 10-2 decision, also awarded the couple attorney fees, which could reach $90,000.
Los Angeles Times Articles
|