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Jun 18, 2008mortgagee in good faithdue diligencefinancing companytorrens titlereal estate mortgageadministrative-law
When a Financing Company Is Not a Mortgagee in Good Faith: Lloyd's Enterprises v. Dolleton
A financing firm that failed to inspect a mortgaged property cannot claim good faith. Learn the due diligence rule from this 2008 case.
Jun 19, 2001financing-companyassignment-of-creditforeclosuredeficiencycommercial-lawcredit-transactions
Financing Companies and Assignment of Credit: Deficiency Claims After Foreclosure
Explaining Project Builders v. IFC: how financing company assignments of credit work, and why foreclosure doesn't bar deficiency claims.