CHRYSLER FIRST FIN. SERVS. CORP. OF AM. v. CHICAGO TITLE INS. CO.


226 A.D.2d 183 (1996)

641 N.Y.S.2d 13

Chrysler First Financial Services Corporation of America, Formerly Known as Chrysler First Financial Services Corporation of New York, and Another, et al., Respondents-Appellants, v. Chicago Title Insurance Company, Appellant-Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

April 11, 1996


The three causes of action herein arise from separate mortgage title insurance policies wherein plaintiff, as a second mortgagee, purchased title policies from defendant. In each instance, defendant admittedly reported a first mortgage lien in an amount less than the actual first mortgage lien. Upon defaults by the mortgagors, foreclosure proceedings were commenced by the first mortgagees, with plaintiff served as a junior lienholder.

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