Legal Opinion

Anchor Savings Bank v. Zenith Mortgage Co.

Court of Appeals for the Second Circuit

Decided November 24, 1980No. 272, Docket 80-7427PublishedCited by 5 opinions

1Opinion of the Court

OAKES, Circuit Judge:

This appeal is from a grant of summary judgment in favor of plaintiff Anchor Savings Bank (Anchor), a mortgagee whose mortgages on two pieces of property in Lubbock, Texas, were serviced by defendant Zenith Mortgage Company (Zenith). The United States District Court for the Eastern District of New York, Eugene H. Nickerson, Judge, held in this diversity case that Zenith had violated its mortgage servicing contract with Anchor by failing to collect and pay certain real estate taxes and by failing to notify Anchor about the related defaults by the mortgagor. Zenith also…

2Cases cited5 opinions

  1. First National Bank v. Fourth National BankNew York Court of Appeals · 1879
  2. Gray v. City of Santa FeCourt of Appeals for the Tenth Circuit · 1937
  3. Gray v. City of Santa FeCourt of Appeals for the Tenth Circuit · 1941
  4. Hoffower v. Pennsylvania Exchange BankAppellate Division of the Supreme Court of the State of New York · 1959
  5. Loan Service Corp. v. Bender Ford Sales, Inc.Appellate Division of the Supreme Court of the State of New York · 1962

3Cited by5 opinions

  1. In Re Rezulin Products Liability LitigationDistrict Court, S.D. New York · 2005
  2. In Re Rezulin Products Liability LitigationDistrict Court, S.D. New York · 2005
  3. Eastern Service Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1981
  4. RLA Conventions & Events, Inc. v. International Business MacHines Corp. (In Re Robert Landau Associates, Inc.)United States Bankruptcy Court, S.D. New York · 1986
  5. Anchor Savings Bank v. Zenith Mortgage Co. v. Kings Park Apartments, Inc., Sundown Apartments New York Associates, Jay Fikes and Pioneer National Title Insurance Co., Third-PartyCourt of Appeals for the Second Circuit · 1980

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