Federal Land Bank of Columbia v. Lackey
Court of Appeals of North Carolina
1Opinion of the Court
EAGLES, Judge.
The issue presented is whether the trial court erred in granting summary judgment in favor of plaintiff in this deficiency judgment action. Defendant argues that he was not properly served with notice of the foreclosure hearing pursuant to G.S. 45-21.16 and for that reason is not liable for any deficiency arising from the foreclosure sale. We agree and reverse. Summary judgment is properly granted when there is no genuine issue of material fact and one of the parties is entitled to judgment as a matter of law. G.S. 1A-1, Rule 56; Kessing v. Mortgage Corp., 278 N.C. 523, 180 S.E.…
2Cases cited5 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- Mennonite Board of Missions v. AdamsSupreme Court of the United States · 1983
- Kessing v. National Mortgage CorporationSupreme Court of North Carolina · 1971
- A-S-P Associates v. City of RaleighSupreme Court of North Carolina · 1979
- In Re Foreclosure of Sutton Investments, Inc.Court of Appeals of North Carolina · 1980
3Cited by8 opinions
- Barclays American/Mortgage Corp. v. BECA EnterprisesCourt of Appeals of North Carolina · 1994
- Fleet National Bank v. Raleigh Oaks Joint VentureCourt of Appeals of North Carolina · 1994
- McArdle Corp. v. PattersonCourt of Appeals of North Carolina · 1994
- Williamson v. SavageCourt of Appeals of North Carolina · 1991
- Hometrust Bank v. GreenCourt of Appeals of North Carolina · 2013
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