ANTHONY IANACOPOULOS & Another v. GREGORY FUNDING, LLC, & Others.

CourtMassachusetts Appeals Court
DecidedDecember 2, 2025
Docket24-P-0958
StatusUnpublished

This text of ANTHONY IANACOPOULOS & Another v. GREGORY FUNDING, LLC, & Others. (ANTHONY IANACOPOULOS & Another v. GREGORY FUNDING, LLC, & Others.) is published on Counsel Stack Legal Research, covering Massachusetts Appeals Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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ANTHONY IANACOPOULOS & Another v. GREGORY FUNDING, LLC, & Others., (Mass. Ct. App. 2025).

Opinion

NOTICE: Summary decisions issued by the Appeals Court pursuant to M.A.C. Rule 23.0, as appearing in 97 Mass. App. Ct. 1017 (2020) (formerly known as rule 1:28, as amended by 73 Mass. App. Ct. 1001 [2009]), are primarily directed to the parties and, therefore, may not fully address the facts of the case or the panel's decisional rationale. Moreover, such decisions are not circulated to the entire court and, therefore, represent only the views of the panel that decided the case. A summary decision pursuant to rule 23.0 or rule 1:28 issued after February 25, 2008, may be cited for its persuasive value but, because of the limitations noted above, not as binding precedent. See Chace v. Curran, 71 Mass. App. Ct. 258, 260 n.4 (2008).

COMMONWEALTH OF MASSACHUSETTS

APPEALS COURT

24-P-958

ANTHONY GIANACOPOULOS & another1

vs.

GREGORY FUNDING, LLC, & others.2

MEMORANDUM AND ORDER PURSUANT TO RULE 23.0

The plaintiffs, Anthony and Tracey Gianacopoulos, commenced

this action against Gregory Funding, LLC (Gregory); AJX Mortgage

Trust I, Wilmington Savings Fund Society, FSB, as trustee

(Wilmington); and U.S. Bank National Association, as indenture

trustee on behalf of and with respect to AJAX Mortgage Loan

Trust 2017-A, Mortgage Backed Notes, Series 2017-A (U.S. Bank);

seeking declaratory judgment that assignments of a mortgage were

invalid and damages for claimed violation of the terms of the

1 Tracey Gianacopoulos.

2AJX Mortgage Trust I, Wilmington Savings Fund Society, FSB, trustee; and U.S. Bank National Association, indenture trustee on behalf of and with respect to AJAX Mortgage Loan Trust 2017-A, Mortgage Backed Notes, Series 2017-A. mortgage regarding notice before foreclosure sale. The

defendants moved to dismiss the plaintiffs' complaint pursuant

to Mass. R. Civ. P. 12 (b) (6), 365 Mass. 754 (1974). A judge

of the Superior Court allowed the motion to dismiss and entered

judgment in favor of the defendants. We affirm.

Background. In 2009, the plaintiffs granted a $520,000

mortgage on their property to Greylock Federal Credit Union

(Greylock). The mortgage was duly recorded in the Berkshire

Middle District registry of deeds (registry). In January 2017,

Greylock assigned the mortgage to Wilmington (first assignment).

In June 2017, Wilmington assigned the mortgage to U.S. Bank

(second assignment). The document recorded for the second

assignment noted that Wilmington acted through Gregory under a

power of attorney (POA) and referred to a POA recorded in the

registry in book 5984, page 225. However, the POA recorded on

that page granted authority from U.S. Bank to Gregory, not from

Wilmington to Gregory. In a separate limited POA executed in

April 2016 and recorded in the registry in book 5912, page 240,

in February 2017, Wilmington granted Gregory, among other

things, authority to assign its mortgage loans. As detailed in

the complaint, about five years later, in May 2022, U.S. Bank as

"mortgagee" sent the plaintiffs a right to cure notice after

2 commencing a case in the Land Court.3 In October 2022, U.S. Bank

assigned the mortgage back to Wilmington (third assignment).

Then, in November 2022, the Land Court issued an order of notice

under the Federal Servicemembers Civil Relief Act, 50 U.S.C.

§§ 3901 et seq. (SCRA), prompting the plaintiffs to commence

this action in Superior Court.

Discussion. 1. Standard of review. "We review the

allowance of a motion to dismiss [for failure to state a claim]

de novo, accepting as true the facts alleged in the plaintiff's

complaint as well as any favorable inferences that reasonably

can be drawn from them" (citation omitted). Braley v. Bates,

100 Mass. App. Ct. 259, 260 (2021). In evaluating a motion to

dismiss under rule 12 (b) (6), we generally limit our

consideration to "the allegations in the complaint, although

matters of public record, orders, items appearing in the record

of the case, and exhibits attached to the complaint, also may be

taken into account" (citation omitted). Schaer v. Brandeis

Univ., 432 Mass. 474, 477 (2000). To survive such a motion, a

complaint must plausibly suggest an entitlement to relief. See

Iannacchino v. Ford Motor Co., 451 Mass. 623, 636 (2008).

3 In their complaint, the plaintiffs referred to a "hybrid 35A right to cure/paragraph 22 default notice." We understand this reference to be to a notice of the mortgagor's right to cure a default of required payment pursuant to G. L. c. 244, § 35A, and under paragraph 22 of the mortgage.

3 2. The plaintiffs' standing to challenge mortgage

assignments. The plaintiffs contend that the incorrect POA

referenced in the second assignment and recorded in the registry

rendered the assignment from Wilmington to U.S. Bank void and

thus was a defect that entitled the plaintiffs as mortgagors to

challenge the second and third assignments. The plaintiffs

assert that they are "entitled to an explanation" through

discovery as to the chain of title for the mortgage. The

defendants do not dispute that the POA recorded in the second

assignment was incorrect but contend that the assignment

nevertheless was valid and enforceable. We agree with the

defendants that the erroneous page reference on the second

assignment was a scrivener's error and therefore it did not make

the otherwise valid second assignment void.4 See Clockedile v.

U.S. Bank Trust, N.A., 189 F. Supp. 3d 312, 315 (D. Mass. 2016)

(reference to expired POA in mortgage assignment was scrivener's

error that did not void assignment where correct, valid POA

4 The plaintiffs do not challenge the first assignment and identify no defects in the second assignment apart from the reference to the wrong POA. We are not persuaded by the plaintiffs' argument that the reference to the wrong POA document in this case was more than a scrivener's error because it was for a different entity, U.S. Bank, as opposed to an expired POA for the same entity, as in Clockedile v. U.S. Bank Trust, N.A., 189 F. Supp. 3d 312, 315 (D. Mass. 2016). The plaintiffs cite no legal authority to support this argument, and we discern no significance in such a distinction.

4 existed at time of assignment). The POA that authorized Gregory

to execute assignments on behalf of Wilmington was recorded in

the registry nearly four months prior to the second assignment

and was still in effect when Wilmington assigned the mortgage to

U.S. Bank. Because the second assignment was not void, but

instead voidable at the election of one of the parties to the

assignment, the plaintiffs did not have standing to challenge it

nor to discover the particulars regarding the "pathway" of the

chain of title. See Shea v. Federal Nat'l Mtge. Ass'n, 87 Mass.

App. Ct. 901, 903 n.9 (2015) (mortgagor's standing to challenge

mortgage assignment limited to defects making assignment void,

not merely voidable at election of one party). Cf. Sullivan v.

Kondaur Capital Corp., 85 Mass. App. Ct. 202, 205 (2014)

(plaintiff who is neither party nor beneficiary to mortgage

assignment ordinarily lacks standing to challenge it). There

was thus no error in the motion judge's determination that the

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Related

Beaton v. Land Court
326 N.E.2d 302 (Massachusetts Supreme Judicial Court, 1975)
US Bank National Association v. Ibanez
941 N.E.2d 40 (Massachusetts Supreme Judicial Court, 2011)
Pinti v. Emigrant Mortgage Co., Inc.
33 N.E.3d 1213 (Massachusetts Supreme Judicial Court, 2015)
Schaer v. Brandeis University
735 N.E.2d 373 (Massachusetts Supreme Judicial Court, 2000)
Iannacchino v. Ford Motor Co.
451 Mass. 623 (Massachusetts Supreme Judicial Court, 2008)
U.S. Bank National Ass'n v. Schumacher
467 Mass. 421 (Massachusetts Supreme Judicial Court, 2014)
Chace v. Curran
881 N.E.2d 792 (Massachusetts Appeals Court, 2008)
Sullivan v. Kondaur Capital Corp.
7 N.E.3d 1113 (Massachusetts Appeals Court, 2014)
Clockedile v. U.S. Bank Trust, N.A.
189 F. Supp. 3d 312 (D. Massachusetts, 2016)
TIMOTHY BRALEY v. WILLIAM BATES.
100 Mass. App. Ct. 259 (Massachusetts Appeals Court, 2021)

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ANTHONY IANACOPOULOS & Another v. GREGORY FUNDING, LLC, & Others., Counsel Stack Legal Research, https://law.counselstack.com/opinion/anthony-ianacopoulos-another-v-gregory-funding-llc-others-massappct-2025.