U.S. Bank National Ass'n v. Clark

SUPREME COURT CASES

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State: Illinois

Court: 1st District Appellate

Docket No: 1-01-2535, 1-01-2536, 1

Case Date: 03/31/2004

FIFTH DIVISION
MARCH 31, 2004

                                                    Nos. 1-01-2535, 1-01-2536, 1-01-2538,
                                                             1-01-2541, 1-01-2545, 1-01-2546,
                                                             1-01-2813, 1-01-2814 and 1-01-2815(Consolidated)

IN THE

APPELLATE COURT OF ILLINOIS

FIRST JUDICIAL DISTRICT

U.S. BANK NATIONAL ASSOCIATION,

Plaintiff-Appellee,

MICHAEL CLARK and BETTY CLARK,

Defendants-Appellants.

EASTERN SAVINGS BANK, FSB,

Plaintiff-Appellee,

IRIS PETERS,

Defendant-Appellant.

EQUICREDIT CORPORATION OF AMERICA,

Plaintiff-Appellee,

GOLDIE JOHNSON,

Defendant-Appellant.

AAMES FUNDING CORPORATION, d/b/a AAMES
HOME LOAN,

Plaintiff-Appellee,

JOHN D. PALUCH,

Defendant-Appellant.

BANK ONE, N.A., as Trustee,

Plaintiff-Appellee,

COLUMBUS CAMPBELL, VILLAGE OF ROBBINS,
and UNKNOWN OWNERS,

Defendants and Third Party
Plaintiffs-Appellants.

BANKER'S TRUST COMPANY,

Plaintiff-Appellee,

ELOISE KING, R.V. KING, MERCURY FINANCE
COMPANY OF ILLINOIS, JIM McCRORY, as Trustee
or successor Trustee, FIDELITY FINANCIAL
SERVICES, INC., ELOISE KING, Heir, WANDA
GOSA, Heir, FELICIA KING, Heir, SABRINA KING,
a/k/a SURBRINA KING, Heir, UNKNOWN HEIRS
AND LEGATEES OF ELOISE KING, IF ANY,
UNKNOWN TENANTS, UNKNOWN OWNERS
and NON-RECORD CLAIMANTS,

Defendants-Appellants.

BANK OF NEW YORK, as Trustee of Amresco
Residential Securities Corporation Mortgage Loan
Trust 1997-3 Under the Polling & Servicing Agreement
Dated as of September 1, 1997,

Plaintiff-Appellee,

LINDA HEATH,

Defendant and Counterplaintiff-
Appellant,

BANK OF NEW YORK as Trustee of Amresco
Residential Securities Corporation Mortgage Loan
Trust 1997-3 Under the Polling & Servicing Agreement
Dated as of September 1, 1997,

Counterdefendant-Appellee,

BANKERS TRUST COMPANY, as Trustee of Amresco
Residential Securities Corporation Mortgage Loan
Trust 1996-5 Under the Pooling & Servicing Agreement
Dated as of December 1, 1996,

Plaintiff-Appellee,

FRANCES N. COLEMAN, a/k/a FRANCES N.
DIXON, THE CITY OF CHICAGO, UNKNOWN
OWNERS and NON-RECORD CLAIMANTS,

Defendants and Counterplaintiffs-
Appellants,

BANKERS TRUST COMPANY, as Trustee of Amresco
Residential Securities Corporation Mortgage Loan Trust
1996-5 Under the Pooling & Servicing Agreement
Dated as of December 1, 1996,

Counterdefendant-Appellee.

IMC MORTGAGE COMPANY,

Plaintiff-Appellee,

PAMELA CUSHMAN, NON-RECORD CLAIMANTS,
UNKNOWN TENANTS and UNKNOWN OWNERS,

Defendants and Counterplaintiffs-
Appellants,

IMC MORTGAGE COMPANY,

Counterdefendant-Appellee.

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Appeal from the
Circuit Court of
Cook County.

No. 00 CH 419

No. 99 CH 17918

No. 99 CH 15713

No. 99 CH 12637

No. 00 CH 12763

No. 00 CH 12720

No. 98 CH 8721

No. 97 CH 12802

No. 99 CH 7566

Honorable
Richard Siebel,
Judge Presiding.

PRESIDING JUSTICE CAMPBELL delivered the opinion of the court:

In these nine consolidated cases, defendants appeal from orders of the circuit court ofCook County dismissing their counterclaims and affirmative defenses in foreclosure actionsbrought by the plaintiff creditors. The defendants alleged that the creditors violated the IllinoisInterest Act by imposing fees in excess of 3% on loans with an interest rate in excess of 8%. 815ILCS 205/4.1a(f) (West 2000). The creditors filed motions to dismiss pursuant to sections 2--615and 2--619 of the Illinois Code of Civil Procedure. 735 ILCS 5/2--615, 2--619 (West 2000). OnMay 16, 2001, the trial court issued a memorandum opinion holding that the defendants'counterclaims and affirmative defenses under the Interest Act were preempted by the federalDepository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA) and, incertain cases, the federal Alternative Mortgage Transaction Parity Act of 1982 (Parity Act). 12U.S.C.