Arthur Perry and Lisa Gillespie Perry v. Citimortgage, Inc., Corinthian Mortgage Corporation d/b/a Southbanc Mortgage, and Trust Title Company d/b/a TTC Settlement and Escrow Company

CourtDistrict Court, M.D. North Carolina
DecidedFebruary 18, 2026
Docket1:24-cv-01080
StatusUnknown

This text of Arthur Perry and Lisa Gillespie Perry v. Citimortgage, Inc., Corinthian Mortgage Corporation d/b/a Southbanc Mortgage, and Trust Title Company d/b/a TTC Settlement and Escrow Company (Arthur Perry and Lisa Gillespie Perry v. Citimortgage, Inc., Corinthian Mortgage Corporation d/b/a Southbanc Mortgage, and Trust Title Company d/b/a TTC Settlement and Escrow Company) is published on Counsel Stack Legal Research, covering District Court, M.D. North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Arthur Perry and Lisa Gillespie Perry v. Citimortgage, Inc., Corinthian Mortgage Corporation d/b/a Southbanc Mortgage, and Trust Title Company d/b/a TTC Settlement and Escrow Company, (M.D.N.C. 2026).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF NORTH CAROLINA

ARTHUR PERRY and LISA GILLESPIE PERRY,

Plaintiffs, 1:24-CV-1080-DAB-LPA

v.

CITIMORTGAGE, INC., CORINTHIAN MORTGAGE CORPORATION d/b/a SOUTHBANC MORTGAGE, and TRUST TITLE COMPANY d/b/a TTC SETTLEMENT AND ESCROW COMPANY,

Defendants.

MEMORANDUM OPINION AND ORDER

Pending before the Court are Plaintiffs’ Consent Motion to Stay (D.E. 21) and Plaintiffs’ Motion for Default Judgment (D.E. 22). For the reasons set forth below, the Court grants the Motion to Stay and denies the Motion for Default Judgment without prejudice. FACTUAL BACKGROUND This action arises from a dispute concerning an allegedly fraudulent deed of trust encumbering Plaintiffs’ property. According to the Complaint, Plaintiff Arthur Perry purchased the property in 2005 with a loan secured by a recorded deed of trust. (Complaint (D.E. 2) ¶¶ 8-12.) In 2006, a separate deed of trust purporting to secure a loan in favor of Corinthian Mortgage Corporation d/b/a SouthBanc Mortgage was recorded against the property. (Id. ¶¶ 14-15.) Plaintiffs allege Mr. Perry never applied for, authorized, or received this loan and that the Corinthian deed of trust is fraudulent. (Id. ¶¶ 48, 66-68.) In 2019, Plaintiffs attempted to sell the property. (Id. ¶ 19.) At closing, they learned for the first time that the Corinthian deed of trust encumbered the property, preventing the transaction from closing. (Id. ¶¶ 24-25, 28.) Plaintiffs thereafter contacted CitiMortgage, Inc., which had allegedly been assigned the rights associated with the Corinthian deed of trust. (Id. ¶¶ 30, 69.) In those communications, CitiMortgage allegedly acknowledged that it maintained an incorrect Social Security number for Mr. Perry. (Id. ¶ 33.) Plaintiffs allege that although they repeatedly requested documentation establishing the validity of the alleged loan, CitiMortgage was initially unable to produce responsive records and later produced documents that Plaintiffs contend contained material inaccuracies. (Id. ¶¶ 35, 38.) In October 2022, Plaintiffs sued CitiMortgage in a state court action asserting claims arising from the Corinthian deed of trust and related collection and reporting activity (hereinafter “Perry I”). See Perry v. CitiMortgage, Inc., No. COA 25-938 (N.C. Ct. App.) (Record on Appeal at 4-17). Plaintiffs voluntarily dismissed Perry I with prejudice in December 2023. (Id. at 50.) They then initiated the instant lawsuit in December 2024 against CitiMortgage, Corinthian, and Trust Title Company d/b/a TTC Settlement and Escrow Company based on substantially the same underlying conduct (hereinafter “Perry II”). (See Compl. (D.E. 2).) Plaintiffs have since obtained an entry of default against both Corinthian and Trust Title Company for their failure to appear in this action. (See Entry of Default (D.E. 16).) CitiMortgage did appear, however, and asserted an affirmative defense based on Plaintiffs’ voluntary dismissal with prejudice in Perry I. (Answer (D.E. 8) at 18.) Thereafter, Plaintiffs moved the Perry I court to convert the dismissal to one without prejudice. (Perry I Record on Appeal at 52-57.) The superior court denied that motion in March 2025, and Plaintiffs appealed. (Id. at 146-47.) That appeal remains pending before the North Carolina Court of Appeals. Plaintiffs and CitiMortgage now jointly move to stay proceedings between them, representing that the Perry I appeal is likely determinative of whether Plaintiffs’ claims against CitiMortgage here may proceed. (Motion to Stay (D.E. 21).) Plaintiffs also move for default judgment against Corinthian and Trust Title Company. (Motion for Default Judgment (D.E. 22).) The Court addresses both motions in turn. ANALYSIS I. A temporary stay pending the disposition of the Perry I appeal is warranted. The Court initially addresses the Consent Motion to Stay. This Motion does not cite any rule, statute, or other authority supporting the requested relief, notwithstanding Local Rule 7.3(j), which requires that even unbriefed consent motions cite “any applicable rule, statute, or other authority justifying the relief sought.” Although the Court does not treat that omission as dispositive, it does mean the Court must independently assess whether a stay is warranted under governing law. That review confirms that a federal court possesses the “inherent” authority to stay proceedings “to control the disposition of the causes on its docket with economy of time and effort for itself, for counsel, and for litigants.” Maryland v. Univ. Elections, Inc., 729 F.3d 370, 379 (4th Cir. 2013) (quoting Landis v. N. Am. Co., 299 U.S. 248, 254 (1936)). Under the Colorado River doctrine, for example, a federal court may stay a “duplicative federal action for purposes of ‘wise judicial administration.’” vonRosenberg v. Lawrence, 849 F.3d 163, 167 (4th Cir. 2017) (quoting Colorado River Water Conservation Dist. v. United States, 424 U.S. 800, 818 (1976)); see also United States v. Oliver, 878 F.3d 120, 124 (4th Cir. 2017) (noting a court’s authority “to stay an action pending the outcome of parallel proceedings in another court”). Application of Colorado River requires both: (1) “parallel proceedings in state and federal court” and (2) “exceptional circumstances” justifying the stay. Gannett Co. v. Clark Constr. Grp., 286 F.3d 737, 741 (4th Cir. 2002) (citing Colorado River, 424 U.S. at 813). Although Plaintiffs’ Motion does not invoke Colorado River expressly, the Court is satisfied its requirements are met here. First, the proceedings are parallel. Actions are parallel when “substantially the same parties litigate substantially the same issues in different forums.” vonRosenberg, 849 F.3d at 168 (quoting New Beckley Mining Corp. v. Int’l Union, United Mine Workers of Am., 946 F.2d 1072, 1073 (4th Cir. 1991)). Here, Plaintiffs and CitiMortgage are parties to both this action and Perry I. And the issues substantially overlap: the pending state court appeal concerns whether Plaintiffs may pursue renewed claims against CitiMortgage at all following a voluntary dismissal with prejudice, while this action presumes the continued viability of those same claims. Second, exceptional circumstances warrant a stay. In assessing whether such circumstances exist, courts consider: “(1) whether the subject matter of the litigation involves property where the first court may assume in rem jurisdiction to the exclusion of others; (2) whether the federal forum is an inconvenient one; (3) the desirability of avoiding piecemeal litigation; (4) the relevant order in which the courts obtained jurisdiction and the progress achieved in each action; (5) whether state law or federal law provides the rule of decision on the merits; and (6) the adequacy of the state proceeding to protect the parties’ rights.” Id. (quoting Chase Brexton Health Servs., Inc. v. Maryland, 411 F.3d 457, 463–64 (4th Cir. 2005)). Courts “must look at these factors holistically, ‘with the balance heavily weighted in favor of the exercise of jurisdiction.’” Id. (quoting Moses H. Cone Mem’l Hosp. v. Mercury Constr.

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Arthur Perry and Lisa Gillespie Perry v. Citimortgage, Inc., Corinthian Mortgage Corporation d/b/a Southbanc Mortgage, and Trust Title Company d/b/a TTC Settlement and Escrow Company, Counsel Stack Legal Research, https://law.counselstack.com/opinion/arthur-perry-and-lisa-gillespie-perry-v-citimortgage-inc-corinthian-ncmd-2026.