Marketic v. U.S. Bank National Assoc.

MEMORANDUM OPINION AND ORDER

BUCHMEYER, District Judge.

Now before the Court is defendant U.S. Bank National Association’s Motion for Partial Summary Judgment (Dkt. No. 27). For the reasons explained below, the Court GRANTS, IN PART, and DENIES, IN PART, Defendant’s motion.

I. Background

In November 2001, plaintiff Sharon Lar-hea Marketic obtained a $195,000 home equity loan from New Century Mortgage Corp. (“New Century”). As security for the loan, New Century obtained a first lien mortgage on her property — 10 acres of land located in Montague County, Texas. Another company, Premier USA…