Verex Assurance, Inc. v. John Hanson Savings and Loan, Inc., and Maduff & Sons, Inc., First Federal Savings and Loan Association, Verex Assurance, Inc. v. Maduff Mortgage Corporation v. John Hanson Savings & Loan Association First City Federal Savings and Loan Association, Defendant-Third Party

816 F.2d 1296

VEREX ASSURANCE, INC., Plaintiff-Appellee,

v.

JOHN HANSON SAVINGS AND LOAN, INC., Defendant-Appellant,

and

Maduff & Sons, Inc., First Federal Savings and Loan

Association, Defendant.

VEREX ASSURANCE, INC., Plaintiff-Appellee,

v.

MADUFF MORTGAGE CORPORATION, Defendant-Appellant,

v.

JOHN HANSON SAVINGS & LOAN ASSOCIATION; First City Federal

Savings and Loan Association, Defendant-Third

Party Plaintiff.

Nos. 86-3511, 86-3563.

United States Court of Appeals,

Ninth Circuit.

Argued and Submitted Jan. 5, 1987.

Decided Jan. 28, 1987.

Designated for Publication May 11, 1987.

Jack F. Olson, Portland, Or.,…