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Milton Garcia v. Bank of America Corporation, Bac Home Loan Servicing, Lp, and Newport

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In The Fourteenth Court of Appeals

OPINION

In this consolidated appeal, Milton Garcia appeals from the trial court’s grant of summary judgments favoring appellees, Bank of America Corporation (“BOA”), BAC Home Loan Servicing, LP (“BAC”), and Newport Insurance Co. (“Newport”). BOA owned the mortgage on Garcia’s home, BAC is a mortgage servicing company that serviced Garcia’s mortgage, and Newport issued a lender-placed insurance policy to BOA on Garcia’s property. Seeking compensation for damage his property sustained in Hurricane Ike, Garcia alleged that he was a third-party beneficiary of the insurance policy Newport issued to BOA, and raised a variety of claims against BOA and BAC related to the procurement of insurance and management of an escrow account. We affirm.

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