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AMBOY NATIONAL BANK v. KARAGJOZI

No. A-2733-09T3.

AMBOY NATIONAL BANK, Plaintiff-Appellant, v. ZUHDI KARAGJOZI, HORIZONS AT BIRCH HILL HOMEOWNERS ASSOCIATION, INC., THOMAS GOUGH and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., AS NOMINEE FOR COUNTRYWIDE HOME LOANS, INC., Defendants, and CARL SPEZIALE, COUNTRYWIDE HOME LOANS, INC., a/k/a COUNTRYWIDE HOME LOANS, Defendants-Respondents.

Superior Court of New Jersey, Appellate Division.

Decided October 20, 2010.

Attorney(s) appearing for the Case

Michael Kahme argued the cause for appellant (Hill Wallack, LLP, attorneys; Meridith F. M. Mason, of counsel and on the brief).

Juan J. Ryan argued the cause for respondent Carl Speziale.

Russell M. Finestein argued the cause for respondent Countrywide Home Loans, Inc. a/k/a Countrywide Home Loans (Finestein & Malloy, LLC, attorneys; Michael D. Malloy, on the brief).

Before Judges Axelrad, R. B. Coleman and Lihotz.

PER CURIAM.

This matter requires review of the January 4, 2010 summary judgment dismissal of a foreclosure action based on the trial court's determination that the culmination of events in the transfer of one lot in a tract of residential homes required plaintiff's construction lien to be deemed "satisfied." More specifically, in 2004, plaintiff Amboy National Bank, n/k/a Amboy Bank (Amboy) extended financing to Horizons at Birch Hill, LLC (Birch Hill), a closely...

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