Cabot Capital Corp. v. Usdr, Inc.

OPINION

DAVID WELLINGTON CHEW, Chief Justice.

This is an appeal of a take-nothing judgment from a deficiency claim on secured loans after foreclosure of real property, and a claim seeking equitable subrogation to tax liens upon adjoining property for taxes paid in error by Cabot Capital to Tarrant County.

Appellant, Cabot Capital Corporation (“Cabot Capital”), is a California corpora tion that acted as a loan servicing agent from November 2002 for certain lenders, which funded loans to USDR, Inc. (“USDR”), a Nevada corporation licensed to do business in Texas. Cabot Estates, LLC (“Cabot…