10th Circuit Upholds Bankruptcy Court's Finding That Mortgage Is Enforceable

(June 8, 2016, 1:24 PM EDT) -- DENVER — The 10th Circuit U.S. Court of Appeals on June 3 affirmed a bankruptcy court's decision that a mortgage and assignments were enforceable (In re: Ralph Gifford, et al. v. Bank of America, N.A., successor by merger to BAC Homes Loans Servicing L.P., No. 15-8097, 10th Cir.; 2016 U.S. App. LEXIS 10174).

(Opinion available. Document #85-160614-034Z.)


In January 2006, Betty Gifford obtained a loan from Jackson State Bank and Trust (JSB) to purchase a property. Gifford executed a promissory note and signed a mortgage...
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