Land Title Insurance Corp. v. Ameriquest Mortgage Co.

Introduction

We granted certiorari in this case to review the court of appeals' judgment in Ameriquest Mortgage Co. v. Land Title Insurance Co., - P.3d -, 2007 WL 2128203, No. 06CAO847, slip. op. (Colo.App. July 26, 2007). 1 In this case, which arises from the foreclosure and sale of real property, we are concerned with the application of the principle of equitable subrogation: the right of a payor of an encumbrance on real property to revive and enforce this obligation against the property and to maintain the discharged obligation's lien priority as against other, intervening liens.

In this…