On February 20, 2014, the Wisconsin Court of Appeals issued an opinion interpreting the meaning of “mortgage banker” under Wis. Stat. § 224.71(3) and finding that a mortgage holder was entitled to the priority afforded under Wis. Stat. § 706.11(1)(f) despite the original mortgagee not having registered under Wis. Stat. § 224.72(1m) as a “mortgage banker.” As a result of the Court’s decision, the mortgage lien at issue was determined to have priority over construction lien claims on the property and the mortgage holder was entitled to collect first from the proceeds of the sale of the property. In re DOC Milwaukee, LP v. DOC Milwaukee LP, Appeal Nos. 2012AP1610, 2012AP1677 (Ct. App. Feb. 20, 2014).