stating, in context of determining whether NBA governs loan assigned by originating entity to entity in another state, that "[t]he non-usurious character of a note should not change when the note changes hands"
How later courts described this case
- stating, in context of determining whether NBA governs loan assigned by originating entity to entity in another state, that "[t]he non-usurious character of a note should not change when the note changes hands"
- FDIC purchase of an assigned note during the normal course of its regulatory function
- n.14 stating that Recile is no longer valid under Marquette Nat. Bank v. First of Omaha Service Corp., 439 U.S. 299, 99 S.Ct. 540, 58 L.Ed.2d 534 (1978
- § 1823 barred assertion that lender agreed to provide further financing
Written by the judges who cited it.
The opinion
THOMAS A. CLARK, Circuit Judge,
specially concurring:
I concur specially in the majority opinion for the reasons set forth in my specially concurring opinion in Chatham Ventures, Inc., et al. v. FDIC, 651 F.2d 355 (5th Cir. 1981).