Bayview Loan Servicing, LLC, A Delaware Limited Liability Company v. Ronald W. Holden and Susan Reed Holden

CourtLouisiana Court of Appeal
DecidedJune 7, 2024
Docket2023CA1347, 2023CA1348
StatusUnknown

This text of Bayview Loan Servicing, LLC, A Delaware Limited Liability Company v. Ronald W. Holden and Susan Reed Holden (Bayview Loan Servicing, LLC, A Delaware Limited Liability Company v. Ronald W. Holden and Susan Reed Holden) is published on Counsel Stack Legal Research, covering Louisiana Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bayview Loan Servicing, LLC, A Delaware Limited Liability Company v. Ronald W. Holden and Susan Reed Holden, (La. Ct. App. 2024).

Opinion

STATE OF LOUISIANA

COURT OF APPEAL

FIRST CIRCUIT

2023 CA 1347

BAYVIEW LOAN SERVICING, LLC, A DELAWARE LIMITED LIABILITY COMPANY

VERSUS

RONALD W. HOLDEN AND SUSAN REED HOLDEN

CONSOLIDATED WITH

2023 CA 1348 s

BAYVIEW LOAN SERVICING, LLC, A DELAWARE LIMITED LIABILITY COMPANY

Judgment Rendered: JUN 0 7 2024

On Appeal from the Twenty -First Judicial District Court In and for the Parish of Livingston State of Louisiana No. 136622 consolidated with No. 154186, Division D

The Honorable Brian K. Abels, Judge Presiding

Roy H. Maughan, Jr. Attorneys for Defendants/ Appellants Namisha D. Patel Ronald W. Holden and Joshua D. Roy Susan Reed Holden Connor S. Thomas Baton Rouge, Louisana

Katie L. Dysart Attorneys for Plaintiff/Appellee Camalla K. Guyton Bayview Loan Servicing, LLC New Orleans, Louisiana

BEFORE: WELCH, WOLFE, AND STROMBERG, JJ. STROMBERG, J.

The defendants/ appellants, Ronald W. Holden and Susan Deed Holden,

appeal the trial court' s May 3, 2023 grant of summary judgment in favor of the

plaintiff/appellee, Bayview Loan Servicing, LLC. For the reasons that follow, we

affirm.

On February 25, 1999, the defendants executed a promissory note ( the note)

payable to Banc One Mortgage Corporation in the principal sum of $260, 000. 00.

The note was payable in monthly installments of principal and interest until paid in

full. The note was secured by an authentic act of mortgage on property owned by the defendants located at 37329 Oak Grove Court, Denham Springs, Louisiana

70706. The mortgage contained a provision allowing for execution of the note

under either ordinary or executory process, as well as a confession of judgment in

favor of the original lender and/ or any future holder of the note for all sums. The

note and mortgage were subject to a series of assignments leading to the plaintiff

allegedly being in possession of the note via a blank indorsement by Wachovia Bank, N.A. Wachovia Bank, N.A. was a successor by merger to First Union

National Bank, a named transferee of the note.

In March of 2012, the plaintiff filed a Petition to Enforce Security Interest by Executory Process after the defendants failed to make payments on the note.

The plaintiff attached to its petition the note, an allonge' to the note, and the

defendants' mortgage, as well as four assignments2 of the mortgage. The allonge

An allonge is a " piece of paper annexed to a ... promissory note, on which to write indorsements for which there is no room on the instrument itself, Such must be so firmly affixed thereto as to become a part thereof...." Pioneer Valley Hosp., Inc. v. Elmwood Partners, L.L.C., 2001- 453 ( La. App. 5 Cir. 10/ 17/ 01), 800 So. 2d 932, 933, n. 2 ( quoting Black' s Law Dictionary 70 ( 5th ed. 1979)).

2 The assignments included: ( 1) a March 5, 1999 assignment from the original lender, Banc One Mortgage Corporation to HomeSide Lending, Inc., recorded as File Number 434686, Book 604, Page 196; ( 2) a March 30, 1999 assignment from HomeSide Lending, Inc. to Norwest Mortgage, Inc., recorded as File Number 437153, Book 609, Page 735; ( 3) a March 8, 2000 assignment

2 was a single page document that identifies the note by one of the defendants'

names, Ronald Holden, and the loan amount. It then provided, " PAY TO THE

ORDER OF: [ blank space] WITHOUT RECOURSE[.]" The next line provided,

WACHOVIA BANK[,] N.A. AS TRUSTEE, SUCCESSOR BY MERGER TO

FIRST UNION NATIONAL BANK BY IT' S ATTORNEY-IN-FACT BAYVIEW

LOAN SERVICING, LLC." This language was followed by a signature on behalf

of Assistant Vice President, A. Forde.3

The plaintiff sought and was granted a writ of seizure and sale via an order

issued by the trial court on March 30, 2012. In an attempt to avoid foreclosure, the

parties made efforts to negotiate towards the restructuring of the debt and the

plaintiff voluntarily cancelled the first sale date, which was initially scheduled for

May 15, 2012. After negotiations proved fruitless, the sheriff' s sale of the property

was rescheduled and took place on February 27, 2013, wherein the plaintiff was

the winning bidder of the judicial sale. To date, the plaintiff remains the owner of

the property. The sheriff did not file the sheriffs return or proces verbal in the

Livingston Parish conveyance records until April 23, 2013.

The defendants did not object to or make any judicial efforts to arrest the

sale of the property prior to the February 2013 sale. On March 26, 2013, prior to

the filing of the sheriffs return or proces verbal, the defendants filed a

Reconventional Demand and Injunctive Relief. The defendants alleged that the

February 27, 2013 sheriff's sale was absolutely null because the plaintiff was not

entitled to enforce the note under La. R.S. 10: 3- 301. 4 The defendants contested the

from HomeSide Lending Inc., f/k/ a BancBoston Mortgage Corporation to Bank One, N.A., recorded as File Number 473165, Book 710, Page 412; and ( 4) a March 16, 2000 assignment from Bank One, N.A. to First Union National Bank, as Indenture Trustee, recorded as File Number 473166, Book 710, Page 414.

3 We note that the record does not identify who " Assistant Vice President, A. Forde" worked for at the time the allonge was signed..

4 Louisiana Revised Statutes 10: 3- 301 provides:

K] validity of the transfer by which the plaintiff claimed to have obtained its right to

enforce the note and mortgage. The defendants contended that the plaintiff

intentionally misrepresented its status as a holder of the note and a secured party under the mortgage in order to pursue executory proceedings, when in fact, it had

no right to enforce the note or the mortgage. Therefore, the defendants sought to

annul the judicial sale, as well as injunctive relief and damages, costs, and

attorney' s fees.

In response, the plaintiff filed a peremptory exception raising the objection

of res judicata and a dilatory exception raising the objection of improper cumulation of actions. On August 26, 2013, the trial court held a hearing and

denied the plaintiffs exceptions and signed a judgment on September 3, 2013. 5

On May 12, 2015, the plaintiff filed a motion and order to amend and supplement

the petition for executory process with exhibits. In its petition, the plaintiff added

the following exhibits to its Petition to Enforce Security Interest by Executory Process: ( 1) the assignment of mortgage from Wells Fargo Bank, N.A. to

HomeSide Lending, Inc., executed on December 12, 2014 and recorded on

December 22, 2014; and ( 2) the assignment of mortgage from Wachovia Bank,

Person entitled to enforce" an instrument means ( i) the holder of the instrument, ii) a nonholder in possession of the instrument who has the rights of a holder, or iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to R.S. 10: 3- 309 or 10: 3- 418( d). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.

5 From this ruling, the plaintiff filed an application for supervisory review with this court. On January 16, 2014, this court granted the writ application in part, sustaining the dilatory exception raising the objection of improper cumulation of actions, and remanded the matter to the trial court for further proceedings.

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Bayview Loan Servicing, LLC, A Delaware Limited Liability Company v. Ronald W. Holden and Susan Reed Holden, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bayview-loan-servicing-llc-a-delaware-limited-liability-company-v-ronald-lactapp-2024.