South Carolina Requirements for Equitable Subrogation

Independence National Bank v. Buncombe Professional Park, LLC, et al. In 2007 an existing first mortgage was re-financed by Plaintiff, Independence National Bank. Due to an error by the closing attorney a second mortgage (held by a member of the bor-rower LLC) was not subordinated to the new mortgage. In 2010 the borrower defaults on […]

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