Young v. Nevada Title Co.

OPINION

This appeal involves four very similar cases where a mortgage broker, American Investor’s Management (AIM), failed to give the lenders, appellants Young and Ellis (trustees) the payoffs from the individual borrowers’ loans. The lenders sought to foreclose on the borrowers’ homes when the payments became delinquent. The various title companies and the individual borrowers then sued for declaratory and injunctive relief to halt the foreclosures and declare the parties’ rights in the real property. The district court, after a bench trial, found in favor of the borrowers and title…