Legal Opinion
Direct Mortgage Corp. v. National Union Fire Insurance
District Court, D. Utah
Decided August 8, 2008No. 2:06-cr-00534PublishedCited by 8 opinions
1Opinion of the Court
ORDER AND MEMORANDUM DECISION
TENA CAMPBELL, Chief Judge.
This case arises out of Plaintiff Direct Mortgage Corporation’s (“Direct Mortgage”) claim for coverage under a fidelity bond issued by Defendant National Union Fire Insurance Company of Pittsburgh, PA (“National Union”). Direct Mortgage seeks coverage for its liability to third party financial institutions that unknowingly purchased fraudulently-obtained mortgages from Direct Mortgage and then demanded that Direct Mortgage buy back the mortgages under warranty clauses in the purchase agreements. Direct Mortgage settled with those…
2Cases cited17 opinions
- Lynch Properties, Inc. v. Potomac InsuranceCourt of Appeals for the Fifth Circuit · 1998
- Federal Deposit Insurance Corporation v. United Pacific Insurance CompanyCourt of Appeals for the Tenth Circuit · 1994
- Federal Deposit Insurance Corporation v. J. William OldenburgCourt of Appeals for the Tenth Circuit · 1994
- First National Bank of Louisville, Cross-Appellant v. Loretta Lustig, and Aetna Casualty & Surety Co., and Federal Insurance Co., Cross-AppelleesCourt of Appeals for the First Circuit · 1992
- Jefferson Bank v. Progressive Casualty Insurance CompanyCourt of Appeals for the Third Circuit · 1992
12 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Retail Ventures, Inc. v. National Union Fire InsuranceCourt of Appeals for the Sixth Circuit · 2012
- Tooling, Manufacturing & Technologies Ass'n v. Hartford Fire InsuranceCourt of Appeals for the Sixth Circuit · 2012
- National Union v. CargillCourt of Appeals for the Eighth Circuit · 2023
- CP Food & Beverage, Inc. v. U.S. Fire Ins. Co.District Court, D. Nevada · 2018
- Houston Casualty Company v. Swinerton BuildersDistrict Court, D. Colorado · 2022
3 more not listed; retrieve them via the Exa API.