Dominion Financial Services, LLC v. Bank of America, N.A.

Decision of Maryland Court of Special Appeals


Maryland's intermediate appellate court has affirmed the Baltimore City Circuit Court's grant of summary judgment in favor of Bank of America, which loaned money for a home purchase without paying off a prior lien. Maryland's legal concept of "equitable subrogation" allows Bank of America to leap-frog over the prior lien to the first position. This decision affirms long-standing law, and paves the way for the homeowner to seek modification of her Bank of America loan.

LOADING PDF: If there are any problems, click here to download the file.

Reference Info:Decision | State, 4th Circuit, Maryland | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Thomas Valkenet, Young & Valkenet | Attorney Advertising

Written by:


Young & Valkenet on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.