Chase Home Finance, L.L.C. v. Cal Western Reconveyance Corporation and Real Time Resolutions, Inc.

Reversed and Remanded and Opinion filed February 25, 2010.

In The

Fourteenth Court of Appeals

NO. 14-08-00115-CV

CHASE HOME FINANCE, L.L.C., Appellant

V

CAL WESTERN RECONVEYANCE CORPORATION AND REAL TIME RESOLUTIONS, INC., Appellees

On Appeal from the 405th District Court

Galveston County, Texas

Trial Court Cause No. 07-CV-0282

OPINION

The main issue in this case is whether, under the doctrine of subrogation, appellant Chase Home Finance, L.L.C., as servicing agent for HSBC Bank USA, N.A., trustee, should be subrogated to the rights of the holder of a prior, superior lien. If subrogation is allowed,…