Bank of America Na v. First American Title Insurance Company

In this case, we are asked to address, among other things, the scope of the full credit bid rule. Plaintiff has asserted a variety of claims against certain entities and individuals involved in various allegedly fraudulent mortgage transactions. The Oakland Circuit Court granted summary disposition pursuant to MCR 2.116(C)(10) in favor of defendants as to all claims. The Court of Appeals affirmed in part and reversed in part, relying on the full credit bid rule as discussed in New Freedom Mtg Corp v Globe Mtg Corp 1 to conclude that certain claims raised by plaintiff were barred by plaintiffs…