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A Better Partnership

December 2011

Dec 2011
December 29, 2011

COA Opinion: Actions at law are recognized and permitted for deficiencies on foreclosure by advertisement, regardless of whether the mortgage was extinguished.

In Wells Fargo Bank, NA v. Cherryland Mall Ltd. P'ship, No. 304682, the Michigan Court of Appeals affirmed the trial court's judgment awarding plaintiff money damages on its mortgage deficiency claim and for attorney fees. This case arises out of a commercial mortgage-backed securities (CMB

Dec 2011
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