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First Nationwide Mortgage Corporation v. Brantley

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eBook details

  • Title: First Nationwide Mortgage Corporation v. Brantley
  • Author : Florida Court of Appeals
  • Release Date : January 13, 2003
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 71 KB

Description

We review the determination of the priority of liens in a mortgage foreclosure action. The trial court ruled that the lien of appellee, City of Lauderdale Lakes (City), was superior to and had priority over the purchase money mortgage of appellant, First Nationwide Mortgage Corporation (First Nationwide). We reverse. In 1997, a purchase money mortgage on the property was assigned to and recorded by First Nationwide. The following year, Carolyn Brantley took title to the property. On June 6, 2001, Brantley executed a Home Loan Agreement and mortgage in favor of the City. The agreement stated that the loan was given in connection with the City's Home Investment Partnership Program for the purpose of making home repairs to the property.


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