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WILLOW FUNDING CO., L.P. v. GRENCOM ASSOCIATES

(AC 20489)

63 Conn. App. 832 (2001)

WILLOW FUNDING COMPANY, L.P. v. GRENCOM ASSOCIATES ET AL.

Appellate Court of Connecticut.

Officially released June 19, 2001.

Attorney(s) appearing for the Case

Richard L. Albrecht, with whom were Jonathan S. Bowman and, on the brief, Barbara M. Schellenberg, for the appellant (plaintiff).

Matthew J. Forstadt, with whom was John A. Farnsworth, for the appellees (defendants).

Foti, Flynn and Peters, Js.

Opinion

PETERS, J.

This is a foreclosure action to enforce a note and a second mortgage purchased, through sealed bid, from the Federal Deposit Insurance Corporation. In light of the mortgagor's acknowledged default on the note and mortgage, the trial court granted the plaintiffs motion for foreclosure by sale.1 The court, however, reduced the amount of the loan secured by the mortgage so as to reflect, inter alia, the...

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