Countrywide Home Loans, Inc. v. First National Bank of Steamboat Springs, N.A.

KITE, Justice.

[¶ 1] In this mortgage foreclosure action, the district court declined to apply the doe- trine of equitable subrogation and instead strictly applied Wyoming’s “first in time is first in right” recording statute. The result was an order granting summary judgment in favor of First National Bank of Steamboat Springs, N.A. (First National Bank), holding its mortgage had priority over all other recorded liens and allowing it to proceed with foreclosure. In their appeal from the order, Countrywide Home Loans, Inc., (Countrywide) and America’s Wholesale Lender (AWL) ask this Court to…