United Guaranty Residential Insurance Co. v. Vanderlaan

Opinion by

Judge TURSI.

United Guaranty Residential Insurance Company (United) appeals from the summary judgment entered against it upon its action to collect a deficiency resulting from the foreclosure of Wilma Vanderlaan’s interest in certain real property. We affirm.

The essential facts are agreed. United is a private insurer of mortgages. In 1982, Vanderlaan and two others executed a promissory note secured by a deed of trust upon a condominium unit in favor of United’s insured, the mortgagee. In 1984 or 1985, the mortgagors defaulted, and the mortgagee commenced a public trustee’s…