We agree with the IAS Court that inquiry is appropriate into whether the nominally separate entity that took title to the property by way of a deed in lieu of foreclosure during the pendency of appellant's foreclosure action was truly separate or an alter ego of appellant created to defeat the rights of a subordinate lienor, and, if the latter, that equity should intervene to protect the subordinate lienor by declaring a merger of appellant's mortgage with the fee (see...
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