PHH Mortgage v. Nickerson

HORTON, Justice.

Charles and Donna Nickerson appeal from the grant of summary judgment in favor' of PHH Mortgage and J.P. Morgan Chase Bank. The suit involved an action for judicial foreclosure of a loan by PHH Mortgage against the Nickersons, and third-party claims against J.P. Morgan Chase by the Nickersons. We affirm.

I. FACTUAL AND PROCEDURAL BACKGROUND

In October of 2002, Charles and Donna Nickerson (the Nickersons) purchased approximately 50 acres of land in Clearwater County, Idaho. The Nickersons executed a promissory note and a Deed of Trust in favor of Coldwell Banker Mortgage 1 in the…