Home Savers, Inc. v. United Security Co.

OPINION

Respondent United Mortgage Company is in the business of brokering loans secured by real property. Respondent United Security Company acts as trustee in the Deeds of Trust securing the loans brokered by United Mortgage. These companies appear to be essentially different divisions of the same business, and for purposes of this opinion we will refer to them collectively as “United.” Appellant Home Savers, Inc. (“Home Savers”) is in the business of buying real property at foreclosure sales and reselling the property for a profit.

In May, 1983, United, acting as a trustee, gave notice of a…