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Lien holders dispute position in foreclosure action
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Court Report
Thursday, September 18, 2014
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A secondary lien holder under statutory race-notice scheme brought suit against the primary lien holder, seeking to be subrogated to the primary lien holder position on real property in the amount it had paid to satisfy the original primary deed of trust. When the trial court granted equitable subrogation, the primary lien holder appealed.
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