Bradley D. PETRY, Individually and on behalf of a Class of persons similarly situated; Stacey M. Miller, Individually and on behalf of a Class of persons similarly situated, Plaintiffs-Appellants,
v.
PROSPERITY MORTGAGE COMPANY; Wells Fargo Bank, N.A.; Walker Jackson Mortgage Corporation, formerly doing business as Prosperity Mortgage Corporation; Wells Fargo Ventures, LLC; The Long & Foster Companies, Inc.; Long & Foster Real Estate, Inc., Defendants-Appellees.
Mortgage Bankers Association, Amicus Supporting Appellees.
Bradley D. Petry, Individually and on behalf of a Class of persons similarly situated; Stacey M. Petry, f/k/a Stacey M. Miller, Individually and on behalf of a Class of persons similarly situated, Plaintiffs-Appellees,
v.
Prosperity Mortgage Company; Wells Fargo Ventures, LLC; Wells Fargo Bank, N.A.; Long & Foster Real Estate, Incorporated; Walker Jackson Mortgage Corporation, formerly doing business as Prosperity Mortgage Corporation; The Long & Foster Companies, Incorporated, Defendants-Appellants.
Mortgage Bankers Association, Amicus Supporting Appellants.
United States Court of Appeals, Fourth Circuit.https://leagle.com/images/logo.png
Argued: May 14, 2014.
Decided: July 10, 2014.
Attorney(s) appearing for the Case
ARGUED: Benjamin Howard Carney , Gordon, Wolf & Carney, Chtd., Towson, Maryland, for Appellants/Cross-Appellees. Irene C. Freidel , K & L Gates LLP, Boston, Massachusetts; Jay Norman Varon , Foley & Lardner LLP, Washington, D.C., for Appellees/Cross-Appellants. ON BRIEF: Richard S. Gordon , Gordon, Wolf & Carney, Chtd., Baltimore, Maryland; Cyril V. Smith , William K. Meyer , Zuckerman Spaeder LLP, Baltimore, Maryland, for Appellants/Cross-Appellees. Brian M. Forbes , K & L Gates LLP, Boston, Massachusetts; Andrew Jay Graham , John A. Bourgeois , Kramon & Graham, P.A., Baltimore, Maryland, for Appellees/Cross-Appellants Wells Fargo Bank, N.A., and Wells Fargo Ventures, LLC. Jennifer M. Keas , Foley & Lardner LLP, Washington, D.C., for Appellees/Cross-Appellants Walker Jackson Mortgage Corporation, The Long & Foster Companies, Incorporated, and Long & Foster Real Estate, Incorporated. David L. Permut , William M. Jay , Sirisha V. Kalicheti , Goodwin Procter LLP, Washington, D.C., for Appellees/Cross-Appellants Prosperity Mortgage Company. Gary C. Tepper , Daniel J. Tobin , Ballard Spahr LLP, Washington, D.C., for Amicus Mortgage Bankers Association.
Affirmed by published opinion. Judge NIEMEYER wrote the opinion, in which Judge WYNN and Judge CONRAD joined.
United States Court of Appeals, Fourth Circuit.
NIEMEYER, Circuit Judge:
Bradley and Stacey Petry, who borrowed $220,000 from Prosperity Mortgage Company to purchase a house in Baltimore, Maryland, contend that because of the way Prosperity Mortgage operated in relation to Long & Foster Real Estate, Inc., and Wells Fargo Bank, N.A., each of which indirectly owned one-half of Prosperity Mortgage, the fees that Prosperity Mortgage charged at closing violated the Maryland Finder's Fee Act, Md.Code Ann., Com. Law...
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