Legal Opinion
Phoenix Federal Savings & Loan v. Great Southwest Fire Insurance Co.
Court of Civil Appeals of Oklahoma
Decided September 4, 1979No. 52129PublishedCited by 6 opinions
1Opinion of the Court
NEPTUNE, Judge.
David and Billie Carr owned a home with the mortgage held by plaintiff, Phoenix Federal Savings and Loan (Phoenix Federal). Their homeowner’s insurance policy was issued by defendant, Union Mutual Insurance Company (Union Mutual) and contained a loss payable clause in favor of the mortgagee. The Carrs defaulted and Phoenix Federal initiated a foreclosure action. A foreclosure sale was eventually held on May 17,1976, and Phoenix Federal was the high bidder. A motion to confirm the sale was filed the same day.
Phoenix Federal, in its capacity as buyer, purchased a second insurance…
2Cases cited5 opinions
- Oklahoma Water Resources Board v. Central Oklahoma Master Conservancy DistrictSupreme Court of Oklahoma · 1969
- Benson v. BlairSupreme Court of Oklahoma · 1973
- Christy v. SpringsSupreme Court of Oklahoma · 1902
- Jeffcoat v. Highway Contractors, Inc.Court of Civil Appeals of Oklahoma · 1972
- Cox v. American Fidelity Assurance Co.Court of Civil Appeals of Oklahoma · 1978
3Cited by6 opinions
- Boyd Rosene and Associates, Inc. v. Kansas Municipal Gas Agency, an Interlocal Municipal Agency City of Winfield, Kansas, a MunicipalityCourt of Appeals for the Tenth Circuit · 1999
- Willis v. Nowata Land and Cattle Co., Inc.Supreme Court of Oklahoma · 1989
- Qualls v. Farmers Ins. Co., Inc.Supreme Court of Oklahoma · 1981
- Popular Mortgage Servicing, Inc. v. AmesCourt of Civil Appeals of Oklahoma · 2009
- Boyd Rosene & Assoc. v. Kansas Municipal GasCourt of Appeals for the Tenth Circuit · 1999
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