Blue Castle (Cayman) Ltd. v. Ayotunde Giwa A/K/A/ Ayotunde M. Giwa, Point Securitization Trust 2021-1 C/O Wilmington Savings Fund Society, FSB, New York City Parking Violations Bureau

CourtDistrict Court, E.D. New York
DecidedMarch 2, 2026
Docket1:23-cv-03181
StatusUnknown

This text of Blue Castle (Cayman) Ltd. v. Ayotunde Giwa A/K/A/ Ayotunde M. Giwa, Point Securitization Trust 2021-1 C/O Wilmington Savings Fund Society, FSB, New York City Parking Violations Bureau (Blue Castle (Cayman) Ltd. v. Ayotunde Giwa A/K/A/ Ayotunde M. Giwa, Point Securitization Trust 2021-1 C/O Wilmington Savings Fund Society, FSB, New York City Parking Violations Bureau) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Blue Castle (Cayman) Ltd. v. Ayotunde Giwa A/K/A/ Ayotunde M. Giwa, Point Securitization Trust 2021-1 C/O Wilmington Savings Fund Society, FSB, New York City Parking Violations Bureau, (E.D.N.Y. 2026).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK

BLUE CASTLE (CAYMAN) LTD.,

Plaintiff, v.

MEMORANDUM & ORDER AYOTUNDE GIWA A/K/A/ AYOTUNDE 23-CV-03181 (NRM) M. GIWA, POINT SECURITIZATION

TRUST 2021-1 C/O WILMINGTON

SAVINGS FUND SOCIETY, FSB, NEW YORK CITY PARKING VIOLATIONS BUREAU,

Defendants.

NINA R. MORRISON, United States District Judge: Plaintiff Blue Castle (Cayman) Ltd. (“Blue Castle”) brings this action against Defendants Ayotunde M. Giwa (“Giwa” or “Defendant”), Point Securitization Trust 2021-1, and the New York City Parking Violations Bureau, seeking to foreclose on a mortgage encumbering the property located at 207 Lexington Avenue, Brooklyn, New York 11216. Blue Castle has moved for summary judgment against Giwa. For the reasons that follow, the motion for summary judgment is granted in part and denied in part. BACKGROUND I. Factual Background The following facts are drawn from the summary judgment record and are undisputed unless otherwise indicated. On October 14, 2016, Giwa executed and delivered a consolidated note (the “Note” or “Consolidated Note”)) to Amalgamated Bank in the principal amount of $700,000.00. Aff. of John Ramer dated May 19, 2025 (“Ramer Aff.”) ¶ 6, ECF No. 59; Ramer Aff. Ex. A (“Consolidated Note”), ECF No. 59. The Note was secured by a

consolidated mortgage (the “Mortgage”) executed the same day on the property located at 207 Lexington Avenue, Brooklyn, New York 11216 (the “Property”). Ramer Aff. ¶¶ 5, 7; Ramer Aff. Ex. B (“Consolidated Mortgage”), ECF No. 59. The history of the consolidated Mortgage is as follows. On March 31, 2004, Giwa executed a mortgage (“Mortgage A”) to Washington Mutual Bank, FA, in the principal amount of $395,270.00, which was then assigned to JPMorgan Chase Bank,

N.A. (“JPMorgan”) on November 28, 2012. Ramer Aff. ¶ 7A; Consolidated Mortgage at 20.1 On July 2, 2015, Giwa executed a mortgage to JPMorgan in the principal amount of $117,844.01, which was consolidated with Mortgage A to form a single lien in the amount of $483,000.00 (“Mortgage B”). Ramer Aff. ¶ 7B; Consolidated Mortgage at 19–20. Mortgage B was assigned to MERS, as nominee for Quicken Loans Inc., on April 4, 2016. Ramer Aff. ¶ 7B; Consolidated Mortgage at 19. On March 24, 2016, Giwa executed a mortgage to MERS in the principal

amount of $123,102.76, which was consolidated to form a single lien in the amount of $601,600.00 (“Mortgage C”). Ramer Aff. ¶ 7C; Consolidated Mortgage at 19. Mortgage C was assigned to Amalgamated Bank on October 6, 2016. Ramer Aff. ¶ 7C. Last, on October 14, 2016, Giwa executed a mortgage to Amalgamated Bank in the

1 Unless otherwise indicated, all page references use the pagination provided by the Electronic Case Filing System. principal amount of $101,890.76, which was consolidated with Mortgage C to form the Consolidated Mortgage in the amount of $700,000. Ramer Aff. ¶ 7D; Consolidated Mortgage at 13, 19. All of the aforementioned mortgages and assignments were duly

recorded. Ramer Aff. ¶¶ 6–7; Consolidated Mortgage at 19–20. On November 3, 2020, Giwa entered into a Loan Modification Agreement (“Modification Agreement”) with Amalgamated Bank, in which Giwa affirmed his obligation under the Note to pay a modified unpaid principal balance in the amount of $676,452.97. Ramer Aff. ¶ 8; Ramer Aff. Ex. C (“Modification Agreement”), ECF No. 59. The Mortgage was then assigned to Blue Castle on February 14, 2023. Ramer

Aff. ¶ 9; Ramer Aff. Ex. D (“Assignments of Mortgage”), ECF No. 59. Blue Castle contends that Giwa then breached his obligation under the Modification Agreement by failing to make the required monthly payment starting July 1, 2022, and continued to fail to submit the required payments for all subsequent months. Ramer Aff. ¶ 11; Ramer Aff. Ex. E (“Borrower Statement of Account”) at 63, ECF No. 59. On January 18, 2023, Blue Castle sent Giwa a demand letter by first class and

certified mail. Ramer Aff. ¶ 12; Ramer Aff. Ex. F (“Demand Letter”), ECF No. 59. On the same day, counsel for Blue Castle sent to Giwa, by first class and certified mail, a 90-day notice of intent to foreclose pursuant to New York Real Property Actions and Proceeding Law (“RPAPL”) § 1304. Ramer Aff. ¶ 13; Ramer Aff. Ex. G (“Notice of Intent”), ECF No. 59. Giwa generally claims that he did not default on his obligation, and that Blue Castle did not follow the above procedures prior to foreclosure. Def. Rule 56.1 Statement ¶¶ 11–13, 15, 18–19; see generally Mem. in Opp’n to Mot. for Summ. J. (“Opp’n”), ECF No. 64.

II. Procedural History On April 27, 2023, Blue Castle filed the instant action to foreclose on the Consolidated Mortgage due to Giwa’s alleged default.2 Compl., ECF No. 1. On February 18, 2025, Giwa filed an amended answer asserting twenty-three affirmative defenses and raising two counterclaims against Plaintiff. Amended Answer to Compl. (“Amended Answer”), ECF No. 46. On July 23, 2025, Plaintiff filed the instant motion

for summary judgment. Notice of Mot. for Summ. J., ECF No. 56. DISCUSSION I. Standard of Review Summary judgment is appropriate only if “the movant shows that there is no genuine dispute as to any material fact.” Fed. R. Civ. P. 56; see O’Hara v. Weeks Marine, Inc., 294 F.3d 55, 61 (2d Cir. 2002). “A fact is material when it might affect the outcome of the suit under governing law. An issue of fact is genuine if the

evidence is such that a reasonable jury could return a verdict for the nonmoving party.” McCarthy v. Dun & Bradstreet Corp., 482 F.3d 184, 202 (2d Cir. 2007) (citation modified). “In ruling on a motion for summary judgment, a court must

2 The Complaint was also filed against Point Securitization Trust 2021-1 and the New York City Parking Violations Bureau, who were joined as necessary parties under RPAPL § 1311. See RPAPL § 1311 (requiring “[e]very person having any lien or incumbrance upon the real property which is claimed to be subject and subordinate to the lien of the plaintiff” to be joined as a defendant in a foreclosure action). resolve all ambiguities and draw all factual inferences in favor of the nonmoving party.” McClellan v. Smith, 439 F.3d 137, 144 (2d Cir. 2006). However, “[t]he nonmoving party cannot survive summary judgment by

casting mere ‘metaphysical doubt’ upon the evidence produced by the moving party.” Builders Bank v. Charm Developments II, LLC, No. 09-CV-3935 (JG), 2010 WL 3463142, at *2 (E.D.N.Y. Aug. 30, 2010) (quoting Matsushita Elec. Indus. Co., Ltd. v. Zenith Radio Corp., 475 U.S. 574, 586 (1986)). “Unless the nonmoving party offers some hard evidence showing that its version of the events is not wholly fanciful, summary judgment is granted to the moving party.” McCarthy, 482 F.3d at 202

(citation modified). II. Merits A. Prima Facie Case “Under New York law, summary judgment in a mortgage foreclosure action is appropriate where the Note and Mortgage are produced to the Court along with proof that the Mortgagor has failed to make payments due under the Note.” Regency Sav. Bank, F.S.B. v. Merritt Park Lands Assocs., 139 F. Supp. 2d 462, 465 (S.D.N.Y. 2001).

Blue Castle has submitted to the Court copies of both the Note and Mortgage. See Ramer Aff. ¶¶ 6, 7B; Consolidated Note; Consolidated Mortgage.

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