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SECURED EQUITY FIN. v. WASHINGTON MUT. BANK

No. A08A0376.

666 S.E.2d 554 (2008)

SECURED EQUITY FINANCIAL, LLC et al. v. WASHINGTON MUTUAL BANK, F.A.

Court of Appeals of Georgia.

Reconsideration Denied July 25, 2008.

Attorney(s) appearing for the Case

David E. Allman, for appellants.

Smith, Diment & Conerly, Dana G. Diment, Stephanie A. Ziegelasch, for appellee.

ADAMS, Judge.

The trial court granted summary judgment in favor of Washington Mutual Bank, F.A. by applying the doctrine of equitable subrogation to a dispute between Washington Mutual and another lender, Secured Equity Financial, LLC and a related party, who now appeal. The trial court concluded the undisputed facts justify the conclusion that, at the time it acquired a security interest in the property, Secured Equity was on constructive notice of a possible claim...

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