Wells Fargo Bank v. Terteryan CA2/2
Plaintiff and appellant Wells Fargo Bank, N.A. (Wells Fargo) challenges a judgment entered in favor of defendant and respondent Alfred Terteryan (Terteryan) following trial, finding that Code of Civil Procedure section 580b applied to this dispute and that Wells Fargo was not entitled to a deficiency judgment against Terteryan. Wells Fargo contends that the antideficiency statutes only protect borrowers when the deficiency arises under a deed of trust or mortgage on a dwelling. Because there was no dwelling here, a deficiency judgment should have been entered against Terteryan.
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