C.T.W. Co. v. Rivergrove Apartments, Inc.

PATTERSON, Judge.

In this consolidated foreclosure action, C.T.W. Co., Inc., appeals from the final order granting summary judgment in favor of the appellees, Charles Caccamo and Donald M. Nairne, and denying C.T.W.’s motion for summary judgment. In its order the trial court found that C.T.W. was not entitled to be subrogated to the position of the original mortgagee because its payment of the full amount of the mortgage was a satisfaction and discharge of the mortgage rather than an assignment. C.T.W. argues that it received a valid assignment of the mortgage entitling it to all the rights of…