Mutual Federal Savings & Loan Ass'n v. Richards & Associates, Inc.

U.S. Court of Appeals, Fourth Circuit · Decided 1989-04-10

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MURNAGHAN, Circuit Judge: In October of 1986, Mutual Federal Savings Loan Association (“Mutual”) filed a lawsuit against Richards Associates, Inc., et al. (“R A”), 1 claiming breach of contract; fraud and deceit; conversion; and RICO violations. Mutual sought recovery of substantial losses resulting from its funding of mobile home loans originated by the defendants and from the d…

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