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WELLS FARGO BANK, NA v. SBC IV REO, LLC

Docket No. 328186.

896 N.W.2d 821 (2016)

318 Mich.App. 72

WELLS FARGO BANK, NA v. SBC IV REO, LLC.

Court of Appeals of Michigan.

Decided November 29, 2016, at 9:00 a.m.

Attorney(s) appearing for the Case

Kreis, Enderle, Hudgins & Borsos, PC, Battle Creek (by James D. Lance and Stephen J. Staple), for Wells Fargo Bank, NA.

Kuhn Rogers, PLC (by Gregory L. Jenkins, Traverse City and Matthew L. Boyd), for SBC IV REO, LLC.

Lasky Fifarek, PC, Lansing (by John R. Fifarek), for Capitol National Bank.

Before: MARKEY, P.J., and MURPHY and RONAYNE KRAUSE, JJ.

This case primarily concerns a purported discharge of mortgage and the doctrine of equitable subrogation, which "is available to place a new mortgage in the same priority as a discharged mortgage if the new mortgagee was the original mortgagee and the holders of any junior liens are not prejudiced as a consequence." CitiMortgage, Inc...

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