Legal Opinion

In re the Foreclosure of a Deed of Trust Executed by Webb

Court of Appeals of North Carolina

Decided December 3, 2013No. COA 13-324PublishedCited by 2 opinions

1Opinion of the Court

DILLON, Judge.

Because the trial court erroneously found that U.S. Bank (“Petitioner”) was not a party to the action and improperly ordered the case dismissed without prejudice, we reverse the order and remand the case to the trial court, holding that U.S. Bank is a real party in interest to this action.

*68I: Facts and Procedural History

On 6 January 2006, Burl Webb, Jr., (“Borrower”) executed a promissory note (“the Note”) in the amount of $400,000, payable originally to Wells Fargo Bank, N.A., in order to finance the purchase of a home (“the subject property”). The Note was secured by a Dead of…

2Cases cited5 opinions

  1. Energy Investors Fund, L.P. v. Metric Constructors, Inc.Supreme Court of North Carolina · 2000
  2. Fuller v. EasleyCourt of Appeals of North Carolina · 2001
  3. Parnell v. Nationwide Mutual InsuranceSupreme Court of North Carolina · 1965
  4. In re Foreclosure of Deed of Trust of Michael Weinman Associates General PartnershipSupreme Court of North Carolina · 1993
  5. Crowell v. ChapmanSupreme Court of North Carolina · 1982

3Cited by2 opinions

  1. Nationstar Mortg., LLC v. DeanCourt of Appeals of North Carolina · 2018
  2. In re GuptonCourt of Appeals of North Carolina · 2017

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