LAWYERS TITLE INS. v. FIRST FEDERAL SAV. BANK

No. 89-73372.

744 F.Supp. 778 (1990)

LAWYERS TITLE INSURANCE CORPORATION, a Virginia corporation, Plaintiff, v. FIRST FEDERAL SAVINGS BANK & TRUST, a Federal savings bank, Defendant.

United States District Court, E.D. Michigan, S.D.

July 13, 1990.


Attorney(s) appearing for the Case

Stephen Glasek, Detroit, Mich., for plaintiff.

Andrew Broder and Maura Corrigan, Detroit, Mich., for defendant.


MEMORANDUM AND ORDER

COHN, District Judge.

I. INTRODUCTION

This is an action for declaratory judgment as to an insurers' liability on a policy of mortgage title insurance. Plaintiff Lawyers Title Insurance Corporation (Lawyers Title) issued a policy of mortgage title insurance (the policy) on a mortgage taken by defendant First Federal Savings Bank & Trust (First Federal). Several months after the...

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