Ibanez v. 21st Mortgage Corp.

Appellant Ludvick Ibanez (“Homeowner”) appeals the trial court’s Final Summary Judgment granting Mortgage Guaranty Insurance Corporation (“MGIC”) $151,393.95. Homeowner’s principal argument on appeal is that the lower court erred in granting the damages award to a non-party in the case. We agree, and reverse the trial court’s decision.

Background

This case deals with mortgage insurance. Homeowner defaulted on his mortgage, a foreclosure complaint was filed, and the trial court entered final judgment of foreclosure in favor of 21st Mortgage Corporation (“21st”), finding that Homeowner defaulted…