Ameriquest Mortgage Co. v. Paramount Mortgage Services, Inc.

GRAEFF, Judge.

This case involves a lien priority dispute between two mortgage lenders. Appellant, Ameriquest Mortgage Company (“Ameriquest”), appeals from a decision of the Circuit Court for Calvert County granting summary judgment on the motion for declaratory judgment filed by appellee, Paramount Mortgage Services, Inc. (“Paramount”), and declaring that Ameriquest’s March 23, 2003, deed of trust was invalid. Ameriquest presents the following three issues for our review:

I. Does a defective affidavit of consideration and/or disbursement render a deed of trust void and unenforceable?

II. Is…