ABN AMRO Mortgage Group, Inc. v. Kangah
Ohio Supreme Court
1Opinion of the CourtPfeifer, J.
{¶ 1} In this case, appellee ABN AMRO Mortgage Group (“ABN”) asserts the doctrine of equitable subrogation to establish its claim to first position in a foreclosure. We conclude that the equities do not favor ABN and that it is in second position, and we reverse the judgment of the court of appeals.
Factual and Procedural Background
{¶ 2} On July 5, 2000, appellee Jacob Kangah executed two promissory notes that were both secured by a mortgage on his property at 20617 Libby Road, Maple Heights, Ohio. The First Ohio Mortgage Corporation (“First Ohio”) held the first mortgage for $68,916, and…
2Cases cited7 opinions
- State v. JonesOhio Supreme Court · 1980
- Fort Dodge Building & Loan Ass'n v. ScottSupreme Court of Iowa · 1892
- Federal Union Life Ins. v. DeitschOhio Supreme Court · 1934
- Maryland Casualty Co. v. GoughOhio Supreme Court · 1946
- Canton Morris Plan Bank v. MostOhio Court of Appeals · 1932
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