JPMorgan Chase Bank, N.A. v. Drake

IN THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF ALABAMA EASTERN DIVISION JPMORGAN CHASE BANK, N.A., ) ) Plaintiff, ) ) v. ) Case No: 3:19-cv-872-RAH ) (WO) TERILL DRAKE and COUNTRY ) CASUALTY INSURANCE ) COMPANY, ) ) Defendants. ) MEMORANDUM OPINION AND ORDER This matter concerns the “foreclosure-after-loss” rule and in particular, Plaintiff JPMorgan Chase Bank, N.A.’s (the mortgagee) efforts to obtain insurance proceeds issued after the insured and mortgaged property, formerly owned by Defendant Terill Drake (“Drake”), was destroyed in a fire. Pending before the Court is…