Legal Opinion
Anderson v. Burson
Court of Special Appeals of Maryland
Decided December 22, 2010No. 00434, September Term, 2009PublishedCited by 3 opinions
1Opinion of the Court
JAMES P. SALMON (Retired, Specially Assigned), J.
Hosea Anderson and his wife, Bernice Anderson, live at 6534 Frietchie Row, Columbia, Maryland (the “Residence”). In 2006, the Andersons decided to refinance their home. Accordingly, on October 13, 2006, Mr. Anderson signed an “Adjustable Rate Balloon Note” promising to pay the lender, Wilmington Finance, Inc. (“Wilmington”), the amount he had borrowed ($227,250.00), plus interest, in monthly installments of $1,541.87. Payments were to continue for 30 years. Among its many provisions was the following: “[Borrower] understands that the Lender may…
2Cases cited17 opinions
- Anne Arundel County Board of Education v. NorvilleCourt of Appeals of Maryland · 2005
- Wells Fargo Home Mortgage, Inc. v. NealCourt of Appeals of Maryland · 2007
- Merscorp., Inc. v. RomaineNew York Court of Appeals · 2006
- R & D 2001, LLC v. RiceCourt of Appeals of Maryland · 2008
- Wal Mart Stores, Inc. v. HolmesCourt of Appeals of Maryland · 2010
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3Cited by3 opinions
- Anderson v. BursonCourt of Appeals of Maryland · 2011
- PNC Bank, Ass'n v. Braddock PropertiesCourt of Special Appeals of Maryland · 2013
- Nesbitt v. Mid-Atlantic BuildersCourt of Special Appeals of Maryland · 2022