WALSH, J.D.C.
Plaintiff seeks a recovery in the amount of $1,750 from defendant mortgage company on a claim that "points" paid by the seller of property amount to nothing more than a usurious exaction by defendant in violation of the statute.
The parties have stipulated to the following state of facts: On December 16, 1969 defendant issued a commitment to Mrs. Amy Moses to grant a mortgage loan on premises at 519 Avon Avenue, Irvington, New Jersey, in the...
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