Security Title Guarantee Corp. v. Gmfs, LLC

The defendant The Security Title Guarantee Corporation of Baltimore ("Security Title"), a title insurance company, appeals a partial summary judgment in favor of the plaintiff GMFS, LLC. The partial summary judgment, which the trial court made appealable pursuant to Rule 54(b), Ala. R. Civ. P., struck Security Title's late-notice defense to GMFS's claim for breach of a policy of title insurance and awarded GMFS $31,641.49 on that claim. We affirm.

In September 2000, GMFS, a mortgage lender, loaned Robert Bounds, as interim financing, $180,000 to buy a house on Monterey Street in Mobile ("the…