A recent decision by the Maryland Court of Special Appeals ("COSA") stands to change how banks and other creditors handle documenting loan facilities and enforcing rights and remedies thereunder. In Suntrust Bank v. Goldman, the COSA held that only attorneys' fees actually incurred, which may include future fees if they can be...
Category: Maryland Court of Special Appeals
A RECENT VICTORY FOR THE MARYLAND MORTGAGE LOAN PURCHASE MARKET
Investors in the Maryland mortgage loan purchase market can breathe a sigh of relief (at least for now) as a result of a recent decision by the Court of Special Appeals of Maryland where the Court held that a non-holder in possession of a note has the same rights as a holder...