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SMFC FUNDING CORP. v. UNITED FINANCIAL MORTG. CORP.

No. 97 C 3257.

24 F.Supp.2d 858 (1998)

SMFC FUNDING CORPORATION, Plaintiff, v. UNITED FINANCIAL MORTGAGE CORPORATION, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

October 13, 1998.

Attorney(s) appearing for the Case

David E. Bennett, Chad A. Schiefelbein, Vedder, Price, Kaufman & Kammholz, Chicago, IL, Diann H. Kimm, Andrea V. Ramos, Tuttle & Taylor, Los Angeles, CA, for Plaintiff.

John Michael Riccione, Aronberg, Goldgehn, Davis & Garmisa, Chicago, IL, Gene H. Hansen, Judge & James Ltd., Park Ridge, IL, for Defendant.

MEMORANDUM OPINION AND ORDER

MAROVICH, District Judge.

Plaintiff, SMFC Funding Corporation ("SMFC"), filed this action against Defendant, United Financial Mortgage Corporation ("United"), alleging, inter alia, that United breached its contract with SMFC by selling it a loan that was not "investment quality." SMFC now moves for summary judgment on Counts I (breach of contract) and III (breach of express indemnification) of its Amended Complaint...

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