MATRIX FINANCIAL SERVICES CORP. v. Frazer

Matthew Kundinger (Appellant) enrolled a default judgment against Louis and Linda Frazer (the Frazers) before the Frazers closed a refinance mortgage with Matrix Financial Services Corporation (Matrix). In Matrix’s foreclosure action, the master-in-equity granted Matrix equitable subrogation, giving the refinance mortgage priority over Appellant’s judgment lien. We certified the case pursuant to Rule 204(b), *136SCACR, and reversed in Matrix Financial Services Corp. v. Frazer, No. 26859, 2010 WL 3219472 (S.C.Sup.Ct. Aug.16, 2010). This Court granted a petition for rehearing and we now withdraw…