Altos Pointe Investment, LLC. v. MUNB Loan Holdings, LLC

On January 10, 2012, the trial court entered a Final Judgment of Foreclosure against Altos Pointe Investment, LLC (“Altos”), as charged in Count I in the complaint. Pursuant to the Final Judgment of Foreclosure entered, the property was sold on February 14, 2012. Thereafter, on April 16, 2012, the trial court entered summary judgment as to Count II (an action on the promissory note against Altos); Count III (against Altos for breach of a letter agreement to pay an exit fee), and Count IV (to recover damages against Edward D. Pascoe (“Pascoe”)).

To the extent that the appellants, Altos and…