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DIRECT MORTG. CORP. v. NATIONAL UNION FIRE INS.

Case No. 2:06-CV-534-TC.

625 F.Supp.2d 1171 (2008)

DIRECT MORTGAGE CORPORATION, Plaintiff, v. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA, Defendant.

United States District Court, D. Utah, Central Division.

August 8, 2008.

Attorney(s) appearing for the Case

Daniel K. Brough, Bennett Tueller Johnson & Deere PC, Salt Lake City, UT, for Plaintiff.

Curtis J. Drake, Peter H. Donaldson, Scott A. DuBois, Snell & Wilmer, David N. Wolf, Utah Attorney General's Office, Salt Lake City, UT, for Defendant.

ORDER AND MEMORANDUM DECISION

TENA CAMPBELL, Chief Judge.

This case arises out of Plaintiff Direct Mortgage Corporation's ("Direct Mortgage") claim for coverage under a fidelity bond issued by Defendant National Union Fire Insurance Company of Pittsburgh, PA ("National Union"). Direct Mortgage seeks coverage for its liability to third party financial institutions that unknowingly purchased fraudulently-obtained mortgages from Direct Mortgage and then demanded...

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