Amresco Independence Funding, Inc. v. SPS Properties, L.L.C.

fl Amresco Independence Funding, Inc., appeals a summary judgment dismissing its lawsuit against SPS Properties, L.L.C. (SPS). Amresco held a second position lien on real property. The first position lienholder sent a notice of nonjudicial foreclosure to Amresco’s attorney but not to Amresco’s address listed on the recorded deed of trust. At the foreclosure sale, SPS purchased the property. Amresco sued SPS to confirm its lien’s validity. SPS counterclaimed, seeking damages for slander of title. The trial court granted SPS’s motion for summary judgment, finding that Amresco had received…