Plaza Home Mortgage, Inc. v. North American Title Co., Inc.
California Court of Appeal
1Opinion of the Court
Opinion
BENKE, Acting P. J.
Plaza Home Mortgage, Inc. (Plaza), appeals the motion of judgment granted by the trial court after it found (1) North American Title Company, Inc. (North American), did not breach the closing instructions contract between Plaza, a wholesale lender, and North American, the settlement agent; and (2) even if North American did breach that contract, there was no showing by Plaza that North American proximately caused Plaza’s damages.
Plaza sued North American after North American distributed $53,853 to the attorney in fact of the buyer of real property—a payment Plaza…
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