Aspiras v. Wells Fargo

CourtCalifornia Court of Appeal
DecidedSeptember 17, 2013
DocketD061449
StatusPublished

This text of Aspiras v. Wells Fargo (Aspiras v. Wells Fargo) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Aspiras v. Wells Fargo, (Cal. Ct. App. 2013).

Opinion

Filed 8/21/13; pub. order 9/17/13 (see end of opn.)

COURT OF APPEAL, FOURTH APPELLATE DISTRICT

DIVISION ONE

STATE OF CALIFORNIA

HENRY ASPIRAS et al., D061449

Plaintiffs and Appellants,

v. (Super. Ct. No. 37-2010-00088855- CU-BT-CTL) WELLS FARGO BANK, N.A.,

Defendant and Respondent.

APPEAL from a judgment of the Superior Court of San Diego County, Lisa A.

Foster, Judge. Affirmed.

Haskins & Associates, Steven W. Haskins, Margaret A. Pitchkolan and Jesse T.

Farris, for Plaintiffs and Appellants.

Sheppard, Mullin, Richter & Hampton, Edward D. Vogel, Karin D. Vogel and

Mark G. Rackers, for Defendant and Respondent.

Plaintiffs and appellants Henry Aspiras and Gloria Aspiras appeal from a

judgment entered after the trial court dismissed with prejudice their second amended

complaint for fraud, negligent misrepresentation and violation of the Unfair Competition

Law (UCL; Bus. & Prof. Code, § 17200, et seq.) against defendant and respondent Wells Fargo Bank, N.A. (Wells Fargo). The court dismissed the case after plaintiffs declined to

amend their pleading following the sustaining of Wells Fargo's demurrer with leave to

amend. Plaintiffs contend the court erred by failing to accept the second amended

complaint's allegations as true, including as to Wells Fargo's ratification of alleged

misrepresentations made by an employee concerning plaintiffs' mortgage loan and loan

modification status. They further contend the court should have overruled Wells Fargo's

demurrer because they pleaded fraud and negligent misrepresentation with the requisite

specificity. At this court's request, the parties briefed the application, if any, of Jolley v.

Chase Home Finance, LLC (2013) 213 Cal.App.4th 872 (Jolley). Having considered the

parties' arguments, we distinguish Jolley and decline to apply its dicta concerning the

duties of care of a conventional lender. We reject plaintiffs' other contentions, and affirm

the judgment.

FACTUAL AND PROCEDURAL BACKGROUND

The facts are taken from plaintiffs' second amended complaint; we accept as true

the properly pleaded material allegations and facts that may properly be judicially

noticed. (Olszewski v. Scripps Health (2003) 30 Cal.4th 798, 806; Debrunner v.

Deutsche Bank National Trust Co. (2012) 204 Cal.App.4th 433, 435.)1

1 At Wells Fargo's request, the trial court judicially noticed various documents including plaintiffs' deed of trust recorded in April 2008, a notice of default recorded in January 2009, a notice of trustee's sale recorded in April 2009, and the trustee's deed upon sale recorded in April 2010. 2 Plaintiffs financed the purchase of their San Diego residence with a promissory

note for $625,300 and deed of trust, which was recorded in December 2004. In April

2008, plaintiffs refinanced the home with Wachovia Mortgage FSB (Wachovia), and in

October 2008, began loan modification negotiations with Wachovia. In January 2009,

the trustee recorded a notice of default and election to sell under the deed of trust; the

notice states plaintiffs were $11,144.27 in arrears as of January 20, 2009. Wachovia

transferred the loan to Wells Fargo in October 2009, and plaintiffs resumed loan

modification negotiations with it.

On or about February 5, 2010, Wells Fargo sent plaintiffs a letter informing them

that preliminary review indicated they may not be eligible for the Home Affordable

Modification Program (HAMP),2 but it had been directed to place their mortgage in a

"Trial Period Plan" until March 7, 2010, and that they should contact Wells Fargo no

later than that date if they disagreed with its preliminary decision concerning HAMP

eligibility. During the remainder of the month, plaintiffs spoke with various Wells Fargo

2 "As authorized by Congress, the United States Department of the Treasury implemented the . . . HAMP to help homeowners avoid foreclosure during the housing market crisis of 2008. 'The goal of HAMP is to provide relief to borrowers who have defaulted on their mortgage payments or who are likely to default by reducing mortgage payments to sustainable levels, without discharging any of the underlying debt.' " (West v. JPMorgan Chase Bank, N.A. (2013) 214 Cal.App.4th 780, 785.) Treasury guidelines set forth threshold criteria to define the class of eligible borrowers, and those guidelines set forth accounting steps using a standardized net present value test to determine whether it is more profitable to modify the loan or to allow it to proceed to foreclosure. (Nungaray v. Litton Loan Servicing, LP (2011) 200 Cal.App.4th 1499, 1502.) "Calculations under HAMP involve assigning values to certain variables that are largely within the servicers' discretion, thus precluding any entitlement to loan modifications." (Ibid.) 3 representatives and at Wells Fargo's request, submitted financial documents to Wells

Fargo in early March. On March 9, 2010, Wells Fargo informed plaintiffs by letter it

would not adjust the terms of their mortgage.

On March 11, 2010, Gloria Aspiras called Wells Fargo in order to reopen the

modification process and spoke with a person in its customer service department who

identified himself or herself as a Wells Fargo employee. During that call, the employee

told Ms. Aspiras that her loan had been transferred to the foreclosure department, there

was no scheduled trustee's sale date, and the modification would be reopened if plaintiffs

submitted documents showing additional income. At some point later, Ms. Aspiras was

told she had been preapproved for a loan modification but would need to submit another

package and that a loan negotiator would be calling her shortly. As a result of that

conversation, she submitted another loan modification package.

On March 15, 2010, Wells Fargo representative Shannon Gordon, who was with

Wells Fargo's "home preservation" team, contacted plaintiffs regarding loan modification

negotiations. Plaintiffs explained to Gordon that Wells Fargo's February 5, 2010 letter

contained inaccurate information concerning their income; that they had more income

than what was represented. At Gordon's direction, plaintiffs submitted additional

documents needed to process their request, and they did so on March 18, and March 24,

2010. On March 18, 2010, Gordon told plaintiffs their loan modification was "under

review." The next day, however, Wells Fargo sold plaintiffs' home at a trustee's sale to

third party investors. A trustee's deed upon sale was recorded on April 1, 2010. The

4 investors sold the home about six weeks later for almost $200,000 more than the

purchase price.

On or about March 21, 2010, plaintiffs spoke again with Gordon, who informed

them their home had been sold at the trustee's sale two days earlier. Plaintiffs had never

received prior notice that Wells Fargo would be selling the home, and told Gordon, who

responded that some notice should have been sent. Gordon told Ms. Aspiras to fax a

letter to the bank stating he was engaged in modification efforts with them.

On or about March 24, 2010, Wells Fargo sent plaintiffs a letter offering them a

special forbearance agreement that they could accept by signing and returning the letter

with the first of several specified installment payments. That agreement required

plaintiffs to make installment payments during a trial period, after which their loan would

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Mesler v. Bragg Management Co.
702 P.2d 601 (California Supreme Court, 1985)
Quelimane Co. v. Stewart Title Guaranty Co.
960 P.2d 513 (California Supreme Court, 1998)
Biakanja v. Irving
320 P.2d 16 (California Supreme Court, 1958)
Lazar v. Superior Court
909 P.2d 981 (California Supreme Court, 1996)
Committee on Children's Television, Inc. v. General Foods Corp.
673 P.2d 660 (California Supreme Court, 1983)
Hendy v. Losse
819 P.2d 1 (California Supreme Court, 1991)
Colapinto v. County of Riverside
230 Cal. App. 3d 147 (California Court of Appeal, 1991)
Nymark v. Heart Federal Savings & Loan Ass'n
231 Cal. App. 3d 1089 (California Court of Appeal, 1991)
Wagner v. Benson
101 Cal. App. 3d 27 (California Court of Appeal, 1980)
Eddy v. Sharp
199 Cal. App. 3d 858 (California Court of Appeal, 1988)
Gogri v. Jack in the Box Inc.
166 Cal. App. 4th 255 (California Court of Appeal, 2008)
Scripps Clinic v. Superior Court
134 Cal. Rptr. 2d 101 (California Court of Appeal, 2003)
Levine v. Blue Shield of California
189 Cal. App. 4th 1117 (California Court of Appeal, 2010)
Lockton v. O'ROURKE
184 Cal. App. 4th 1051 (California Court of Appeal, 2010)
South Bay Chevrolet v. General Motors Acceptance Corp.
85 Cal. Rptr. 2d 301 (California Court of Appeal, 1999)
Tarmann v. State Farm Mutual Automobile Insurance
2 Cal. App. 4th 153 (California Court of Appeal, 1991)
Alfaro v. Community Housing Improvement System & Planning Assn., Inc.
171 Cal. App. 4th 1356 (California Court of Appeal, 2009)
Byars v. SCME Mortgage Bankers, Inc.
135 Cal. Rptr. 2d 796 (California Court of Appeal, 2003)
Buller v. Sutter Health
74 Cal. Rptr. 3d 47 (California Court of Appeal, 2008)
Durell v. Sharp Healthcare
183 Cal. App. 4th 1350 (California Court of Appeal, 2010)

Cite This Page — Counsel Stack

Bluebook (online)
Aspiras v. Wells Fargo, Counsel Stack Legal Research, https://law.counselstack.com/opinion/aspiras-v-wells-fargo-calctapp-2013.