Hopper

BACKGROUND

In December 1988, Hopper purchased real property in Long Beach (property). In 1989, he encumbered the property with loans secured by: (1) a first deed of trust in favor of Fidelity Federal Savings and Loan; (2) a second deed of trust in favor of Transamerica Financial Services; and (3) a third deed of trust in favor of Citizens Thrift and Loan Association (Citizens). In early 1996, Hopper defaulted on the loan secured by the third deed of trust. In July 1996, Citizens issued a notice of default. When Hopper failed to cure the default, Citizens sued Hopper for breach of contract. (Citizens Thrift & Loan Assoc. v. Hopper

1 In a prior appeal, we reversed a judgment of dismissal entered after the trial court sustained a demurrer to the second amended complaint without leave to amend. (Hopper v. Lawyers Title Insurance Corporation (Oct. 21, 2011, B231344) [nonpub. opn.].)

2 (Super. Ct. L.A. County, 1997, No. BC158743) (Citizens action).) In March 1997, Citizens obtained a $39,765 default judgment against Hopper (default judgment), which has never been paid. Citizens, which later went out of business, never renewed the default judgment or reconveyed the third deed of…