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Chevy Chase Bank, F.S.B. v. Chaires
State: Maryland
Court: Court of Appeals
Docket No: 118/97
Case Date: 08/03/1998
Preview:Chevy Chase Bank, F.S.B. v. William M. Chaires et ux., No. 118, September Term, 1997.

[Secondary Mortgage Loan Law - Applies to mortgage on waterfront residence made after lien to State to secure repayment of loan for bulkheading under shore erosion program. On facts, due to conflict of interests, property owners estopped from asserting claims under Secondary Mortgage Loan Law.]

Circuit Court for Prince George's County Case # CAL95-08922

IN THE COURT OF APPEALS OF MARYLAND No. 118 September Term, 1997 _________________________________________

CHEVY CHASE BANK, F.S.B.

v.

WILLIAM M. CHAIRES et ux. _________________________________________ Bell, C.J. Eldridge Rodowsky Chasanow Raker Wilner Cathell, JJ. _________________________________________ Opinion by Rodowsky, J. _________________________________________ Filed: August 3, 1998

The issue of public importance in this case lies at the intersection of two statutes, the Secondary Mortgage Loan-Credit Provisions Law (SMLL), Maryland Code (1975, 1990 Repl. Vol.),
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