MATHEWS v. LOMAS & NETTLETON CO.

No. 85CA1146.

754 P.2d 791 (1988)

Stewart C. MATHEWS and Cynthia D. Mathews, Plaintiffs-Appellees, v. LOMAS & NETTLETON COMPANY, a foreign corporation, Defendant-Appellant.

Colorado Court of Appeals, Div. III.

March 24, 1988.


Attorney(s) appearing for the Case

Raymond J. Miller, Timothy LaQuey, Denver, for plaintiffs-appellees.

Berenbaum & Weinshienk, Peter R. Bornstein, Denver, for defendant-appellant.


STERNBERG, Judge.

The defendant, Lomas & Nettleton Company (lender), appeals the judgment entered on a jury verdict in favor of the plaintiffs, Stewart C. Mathews and Cynthia D. Mathews. We reverse and remand for a new trial.

The Mathews purchased a home in 1978 for $84,800 and procured a Veterans Administration (VA) guaranteed mortgage for $81,100. In 1979, lender purchased the loan. There was a history of late payments on the mortgage by the Mathews...

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