Margaret Hancko, f/k/a, etc. v. New Penn Fin., LLC, d/b/a Shellpoint Mortg. Servicing, etc.

CourtCourt of Appeals of Virginia
DecidedDecember 30, 2025
Docket1753234
StatusUnpublished

This text of Margaret Hancko, f/k/a, etc. v. New Penn Fin., LLC, d/b/a Shellpoint Mortg. Servicing, etc. (Margaret Hancko, f/k/a, etc. v. New Penn Fin., LLC, d/b/a Shellpoint Mortg. Servicing, etc.) is published on Counsel Stack Legal Research, covering Court of Appeals of Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Margaret Hancko, f/k/a, etc. v. New Penn Fin., LLC, d/b/a Shellpoint Mortg. Servicing, etc., (Va. Ct. App. 2025).

Opinion

COURT OF APPEALS OF VIRGINIA UNPUBLISHED

Present: Judges O’Brien, Ortiz and Friedman Argued by videoconference

MARGARET HANCKO, F/K/A MARGARET MCCLUNG MEMORANDUM OPINION* BY v. Record No. 1753-23-4 JUDGE DANIEL E. ORTIZ DECEMBER 30, 2025 NEW PENN FINANCIAL, LLC, D/B/A SHELLPOINT MORTGAGE SERVICING AS SERVICER FOR THE BANK OF NEW YORK MELLON, F/K/A THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATE HOLDERS CWMBS, INC., CHL MORTGAGE PASS-THROUGH TRUST 2006-HYB4 MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-HYB4

FROM THE CIRCUIT COURT OF LOUDOUN COUNTY James E. Plowman, Jr., Judge

Thomas D. Domonoske (Henry W. McLaughlin; The Law Office of Henry McLaughlin, PC, on brief), for appellant.1

David Solan (Fidelity National Law Group, on brief), for appellee.

Margaret Hancko challenges the circuit court’s orders (1) granting New Penn’s2 motion

for summary judgment on its claims for quiet title, reformation of land records, and declaratory

judgment, and (2) sustaining New Penn’s demurrer to her counterclaim for quiet title. Hancko

* This opinion is not designated for publication. See Code § 17.1-413(A). 1 Domonoske entered the case to represent Hancko after briefing was completed in this matter.

New Penn’s full name is “New Penn Financial, LLC D/B/A Shellpoint Mortgage 2

Servicing as Servicer for the Bank of New York Mellon, FKA the Bank of New York, as Trustee for the Certificate holders CWMBS, Inc., CHL Mortgage Pass-Through Trust 2006-HYB4, Mortgage Pass-Through Certificates, Series 2006-HYB4.” argues that there were genuine issues of material fact regarding whether New Penn’s claims were

barred by laches and whether New Penn had standing to bring its claims because an assignment

of a deed of trust and loan note to a previous holder was invalid. The circuit court held that there

were no genuine issues of material fact, Hancko had failed to plead laches as an affirmative

defense, and Hancko lacked standing to challenge the assignment of the note. We agree that

Hancko failed to plausibly allege a counterclaim for quiet title or plead laches. But the circuit

court erred by holding that Hancko lacked standing to challenge the assignment of the note, and

there is a genuine issue of material fact preventing entry of summary judgment on New Penn’s

claims. Thus, we affirm the circuit court’s judgment in part, reverse it in part, and remand the

case for further proceedings.

BACKGROUND3

Hancko and Michael H. McClung bought a home together in 1997. But in 1999, they

deeded the property to Hancko as sole owner. In 2005, Hancko took out a $560,000 loan from

Countrywide Bank, N.A., and secured it with a deed of trust on the home. The loan note defines

Countrywide Bank as the “Lender” and does not mention any beneficiary of the note other than

Countrywide Bank. Hancko endorsed the note in blank, however, and the note states, “I

understand that Lender may transfer this Note.” See Code § 8.3A-205.

3 To the extent this case involves review of an order entering summary judgment, “we review the record applying the same standard a trial court must adopt in reviewing a motion for summary judgment, accepting as true those inferences from the facts that are most favorable to the nonmoving party, unless the inferences are forced, strained, or contrary to reason.” Neal v. Sec’y of the Dep’t of Veterans Affairs, 79 Va. App. 1, 3-4 (2023) (quoting Fultz v. Delhaize Am., Inc., 278 Va. 84, 88 (2009)). Because Hancko’s counterclaim was disposed of by demurrer, we note those facts separately, where relevant, and, for purposes of reviewing the demurrer, “we accept as true all factual allegations expressly pleaded in the [counterclaim] and interpret those allegations in the light most favorable to the [counterclaimant].” Coward v. Wellmont Health Sys., 295 Va. 351, 358 (2018). -2- The deed of trust also defines Countrywide Bank as the “Lender.” The deed specifies

that Hancko conveyed the property to the trustee “for the benefit of Mortgage Electronic

Registration Systems, Inc. [MERS] as beneficiary.” The deed elaborates that “MERS is a

separate corporation that is acting solely as a nominee for Lender and Lender’s successors and

assigns. MERS is the beneficiary under this Security Instrument.”

The deed of trust nowhere defines the term “nominee”; however, MERS’s rights and

duties under the deed of trust are mentioned sporadically in the document. The instrument

explains, for example, MERS’s rights relating to enforcement of the deed of trust:

Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender’s successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument.

(Emphasis added). The deed of trust further states, “The beneficiary of this Security Instrument

is MERS (solely as nominee for Lender and Lender’s successors and assigns) and the successors

and assigns of MERS.” Additionally, “This Security Instrument secures to Lender: (i) the

repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the

performance of Borrower’s covenants and agreements under this Security Instrument and the

Note.” The loan note does not mention MERS or the term “nominee.”

In 2009, MERS executed a “Corporation Assignment of Deed of Trust” assigning “all

beneficial interest under” the deed of trust, “together with the note” to Countrywide Home,

Loans, Inc. (Emphasis added). The 2009 assignment does not mention Countrywide Bank. In

2012, Countrywide Home Loans executed a “Certificate of Transfer” assigning “all beneficial

interests under” the deed of trust, “together with the note” to The Bank of New York Mellon

f/k/a the Bank of New York, as Trustee for the Certificate Holders of the CWMBS, Inc., CHL -3- Mortgage Pass-Through Trust 2006-HYB4, Mortgage Pass Through Certificates, Series

2006-HYB4. (Emphasis added).

Bank of New York filed this action alleging the 1999 deed to Hancko, the deed of trust,

and the 2009 assignment each contain three identical scrivener’s errors in the description of the

property. Bank of New York asserted four claims: (1) quiet title, (2) reformation of the three

documents to fix the scrivener’s errors to match the property description in the 1997 deed, (3) a

declaratory judgment of the validity and priority of the deed of trust, and, alternatively, (4) an

equitable lien. Before Hancko filed any response, New Penn filed an amended complaint on

May 3, 2019, substituting itself as the plaintiff, nominally “as servicer for” Bank of New York.4

The amended complaint was otherwise substantively identical to the complaint.5

On August 8, 2019, Hancko filed an answer to the amended complaint and a

counterclaim for quiet title seeking a declaration that New Penn has no rights under the note and

deed of trust. Hancko asserted three theories: (1) MERS was not authorized to assign the note or

deed of trust, so MERS’s 2009 assignment to Countrywide Home Loans and Countrywide Home

Loans’ 2012 assignment to New Penn were both invalid; (2) the “trust instrument creating New

Penn forbade assignment of the subject note to New Penn after 2007,” so the 2012 assignment of

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