CHASE MANHATTAN v. SCOTT, ROYCE, ET AL.

No. 96-1742.

694 So.2d 827 (1997)

CHASE MANHATTAN MORTGAGE CORPORATION, a Florida Corporation f/k/a Chase Home Mortgage Corporation, Appellant, v. SCOTT, ROYCE, HARRIS, BRYAN, BARRA & JORGENSEN, P.A., and Gary J. Nagle, Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearing and Clarification Denied June 18, 1997.


Attorney(s) appearing for the Case

Steven Ellison of Broad and Cassel, West Palm Beach, and Gary C. Tepper of Arent Fox Kintner Plotkin & Kahn, Washington, DC, for appellant Chase Mortgage Services, Inc., f/k/a Chase Manhattan Mortgage Corporation.

John L. Bryan, Jr. and Kevin M. Wagner of Scott, Royce, Harris, Bryan, Barra & Jorgensen, P.A., Palm Beach Gardens, for appellees.


FARMER, Judge.

Apparently we are the first Florida court to confront the precise issue raised in this case. The question presented is whether a purchaser of home mortgage loans in the secondary market can be liable in negligence to the closing agents for the original lender when the original lender's checks to the closing agents for closing proceeds have been dishonored. Under the facts of this case, we hold that there can be no such liability and reverse a judgment...

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