Binkley v. Am. Equity Mortgage, Inc.

Property Owners filed a lawsuit against a Mortgage Company, claiming that, by preparing deeds of trust and promissory notes for the Property Owners, the Mortgage Company (1) violated Mo. Rev. Stat. 484.010.2 and 484.020 by engaging in the "law business"; (2) committed an unlawful practice in violation of the Missouri Merchandising Practices Act; and (3) was unjustly enriched because it charged for services it did not perform or did not perform lawfully. The trial court granted summary judgment for the Mortgage Company. The Supreme Court affirmed, holding that because the Property Owners did not dispute that the Mortgage Company did not charge a separate fee or vary its customary charges for preparation of legal documents, there were no disputed material facts, entitling the Mortgage Company to summary judgment as a matter of law. View "Binkley v. Am. Equity Mortgage, Inc." on Justia Law