Legal Opinion
Palmer v. Resolution Trust Corp.
Supreme Court of Alabama
Decided February 5, 1993No. 1911410PublishedCited by 8 opinions
1Opinion of the Court
James A. Palmer and his wife Lois Palmer appeal from a summary judgment entered in favor of the Resolution Trust Corporation ("RTC") on its ejectment claim.
The Palmers borrowed $29,000 from First Capital Mortgage Corporation; the loan was evidenced by a note, which was secured by a mortgage on the Palmers' house. First Capital assigned the note and the mortgage to Altus Bank. The Palmers defaulted on the note, and Altus Bank foreclosed on the property according to the terms of the mortgage agreement.
Altus Bank made the highest bid for the property at the foreclosure sale and received a…
2Cases cited9 opinions
- West v. Founders Life Assur. Co. of FloridaSupreme Court of Alabama · 1989
- Branch v. Southtrust Bank of Dothan, N.A.Supreme Court of Alabama · 1987
- Fincher v. Robinson Bros. Lincoln-MercurySupreme Court of Alabama · 1991
- Cates v. BushSupreme Court of Alabama · 1975
- Specialty Container Manufacturing, Inc. v. Rusken Packaging, Inc.Supreme Court of Alabama · 1990
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Woodland Grove Baptist Church v. WOODLAND GROVE COMMUNITY CEMETERY ASSOCIATIONSupreme Court of Alabama · 2006
- Loachapoka Water Auth. v. Water Works Board, 1091297 (Ala. 6-24-2011)Supreme Court of Alabama · 2011
- Bella Investments, Inc. v. Multi Family Services, Inc.Court of Civil Appeals of Alabama · 2011
- Pepper v. BentleyCourt of Civil Appeals of Alabama · 2008
- Carter-Washington v. Wilmington Trust, National AssociationDistrict Court, N.D. Alabama · 2025
3 more not listed; retrieve them via the Exa API.