Opinion ID: 2586031
Heading Depth: 1
Heading Rank: 1

Heading: issues

Text: [¶ 2] Countrywide and AWL present the following issue: Whether the District Court, Second Judicial District, Carbon County, Wyoming, correctly applied the doctrine of equitable subrogation to determine the relative priorities of the mortgages encumbering the subject property. First National Bank restates the issue as follows: I. Whether the District Court erred as a matter of law in declaring Appellee First National Bank's mortgage a valid, enforceable and superior lien to that of Appellant Countrywide's mortgage and that Countrywide was not entitled to be equitably subrogated to First National's priority? II. Whether the District Court abused its discretion in denying a motion under W.R.C.P. 60(b) seeking to set aside the default judgments entered against Appellants Mortgage Electronic Systems and Bank of New York and denying to dismiss the complaint? [¶ 3] The Bank of New York and MES present the following issue: ISSUE I: Whether the District Court, Second Judicial District, Carbon County, Wyoming, erred in Denying the Motion to Set Aside Default and Entry of Default of The Bank of New York Trustee under the Pooling and Servicing Agreement Series of 1997 and Mortgage Electronic Registration Systems and a companion Motion to Dismiss Complaint for Foreclosure of the Bank of New York Trustee under the Pooling and Servicing Agreement Series of 1997. (a) Whether the District Court erred in denying the motion of The Bank of New York Trustee under the Pooling and Servicing Agreement Series of 1997 to set aside the entry of default and default judgment, and to dismiss the Complaint for Foreclosure. (b) Whether the District Court erred in denying the motion of Mortgage Electronic Registration Systems to set aside the entry of default and default judgment.