FORECLOSURE WITHOUT TRIAL: TAXES PAID, BUT NOT OUT OF ESCROW.

          In the case of JPMorgan Chase Bank, N.A. v. Skoda, 2014 WL 1320141 (N.D. April 3, 2014), the North Dakota Supreme Court affirmed a summary judgment of foreclosure.

          The Trial Court entered summary judgment in favor of JPMorgan Chase Bank because its mortgagor-borrower, Mr. Frederick Skoda, paid his property taxes, just not out of escrow.  Because the did not pay his property taxes out of escrow as his mortgage called for, the Bank foreclosed and won, without a trial.

          Think that this result is somehow unique to the Courts of North Dakota?  It is not.  It is the view of many Judges in many Courts across the United States.

© 2014 by Dennis J. Wall.  All rights reserved.  No claim to original U.S. Government works.

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