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Real Property – Banks & Banking – Merger – Mortgages – Foreclosure (access required)

Orban v. Wilkie After merging with a South Carolina bank, defendant TD Bank, N.A. became the owner of plaintiffs’ note and deed of trust by operation of South Carolina law; furthermore, TD Bank was not required to obtain a certificate of authority from the N.C. Secretary of State prior to conducting a foreclosure in North Carolina. We affirm the trial court’s denial of plaintiffs’ motion to enjoin the foreclosure sale.
By North Carolina Lawyers Weekly Staff 
Published: January 25, 2012
Time posted: 11:00 am
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