Regions Bank v. Strawn

This matter is before the Court by way of a petition for a writ of certiorari seeking review of the Court of Appeals’ decision in Regions Bank v. Strawn, 399 S.C. 530, 732 S.E.2d 230 (Ct.App.2012). Regions Bank contends that the Court of Appeals erred when it affirmed the trial court’s award of statutory damages for the bank’s failure to satisfy a mortgage. We affirm.

I. FACTUAL/PROCEDURAL HISTORY

In 2006, Regions Bank brought a foreclosure action against Robert and Nancy Borchers seeking to foreclose on the property the Borchers purchased from Cammie Strawn in 2003. The Borchers counterclaimed…