McCain v. Pennbank

CAVANAUGH, Judge:

The issue in this case is whether the court below erred in granting a motion for summary judgment in favor of the defendant, Pennbank, the appellee herein. The plaintiffs below are the appellants in this court.

The basic facts are not in dispute. In March, 1986, Thomas B. McCain, one of the appellants, applied to Penn-bank for refinancing on his home mortgage. The original mortgage had been granted by Pennbank. Mr. McCain completed an application form and was told by the branch manager that he foresaw no problem in obtaining refinancing in the amount of $21,000.00. Copies of…