Deutsche Bank National Trust Company v. Bass

556 P.3d 438, 155 Haw. 92
CourtHawaii Intermediate Court of Appeals
DecidedSeptember 25, 2024
DocketCAAP-20-0000501
StatusPublished

This text of 556 P.3d 438 (Deutsche Bank National Trust Company v. Bass) is published on Counsel Stack Legal Research, covering Hawaii Intermediate Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Deutsche Bank National Trust Company v. Bass, 556 P.3d 438, 155 Haw. 92 (hawapp 2024).

Opinion

NOT FOR PUBLICATION IN WEST'S HAWAIʻI REPORTS AND PACIFIC REPORTER

Electronically Filed Intermediate Court of Appeals CAAP-XX-XXXXXXX 25-SEP-2024 08:25 AM Dkt. 90 SO

NO. CAAP-XX-XXXXXXX

IN THE INTERMEDIATE COURT OF APPEALS

OF THE STATE OF HAWAIʻI

DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR ARGENT SECURITIES INC., ASSET BACKED PASS-THROUGH CERTIFICATES, SERIES 2006-M1, UNDER THE POOLING AND SERVICING AGREEMENT DATED JUNE 1, 2006 AKA DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR ARGENT SECURITIES INC., ASSET BACKED PASS-THROUGH CERTIFICATES, SERIES 2006-M1, Plaintiff/Counterclaim Defendant-Appellee, v. LAURIE ANN BASS, Defendant/Counterclaim Plaintiff-Appellant, and DOES 1-20, inclusive, Defendants.

APPEAL FROM THE CIRCUIT COURT OF THE THIRD CIRCUIT (CIVIL NO. 3CC181000189)

SUMMARY DISPOSITION ORDER (By: Leonard, Acting Chief Judge, Wadsworth and McCullen, JJ.)

Defendant/Counterclaim Plaintiff-Appellant Laurie Ann

Bass appeals from the Circuit Court of the Third Circuit's

August 3, 2020 "Findings of Fact, Conclusions of Law and Order NOT FOR PUBLICATION IN WEST'S HAWAIʻI REPORTS AND PACIFIC REPORTER

Granting Plaintiff's Motion for Summary Judgment and

Interlocutory Decree of Foreclosure" and Judgment. 1

On appeal, Bass contends the circuit court erred in

dismissing her wrongful foreclosure counterclaim and granting a

foreclosure decree in favor of Plaintiff/Counterclaim Defendant-

Appellee Deutsche Bank National Trust Company, as Trustee for

Argent Securities Inc., Asset Backed Pass-Through Certificates,

Series 2006-M1, Under the Pooling and Servicing Agreement Dated

June 1, 2006. She argues Deutsche Bank failed to prove it

(1) had standing to foreclose and (2) properly gave notice of

default. 2

"An award of summary judgment is reviewed de novo and

is appropriate where there is no genuine issue as to the

material fact and the moving party is entitled to judgment as a

matter of law." U.S. Bank N.A. v. Mattos, 140 Hawai‘i 26, 30,

398 P.3d 615, 619 (2017) (citations and internal quotation marks

omitted).

1 The Honorable Henry T. Nakamoto presided.

2 Bass also raises points of error related to the authentication of records and certain findings and conclusions.

Bass contends Deutsche Bank failed to properly authenticate the business records on which it relies. However, except as otherwise provided herein, after reviewing the record, we conclude there was no error.

Bass challenges Findings of Fact (FOF) 5, 6, and 11, and conclusions of law (COL) 3-6, 8, 9, 11, and 13. Based on our decision below, FOF 6 (a mixed question of law and fact) and FOF 11 were clearly erroneous. COL 3-5, 8, 9, 11, and 13 were wrong, and a challenge to COL 6 was waived.

2 NOT FOR PUBLICATION IN WEST'S HAWAIʻI REPORTS AND PACIFIC REPORTER

Upon careful review of the record and the briefs

submitted by the parties and having given due consideration to

the issues raised and the arguments advanced, we resolve the

points of error as discussed below, and vacate and remand.

(1) Bass first contends Deutsche Bank failed to show

it had standing to bring the foreclosure action because it did

not establish it was the holder of the March 31, 2006 Adjustable

Rate Note, non-holder of the Note, or had "rightful possession"

of the Note when the Note was lost.

To establish standing to foreclose, the "plaintiff

must necessarily prove its entitlement to enforce the note as it

is the default on the note that gives rise to the action." Bank

of Am., N.A. v. Reyes-Toledo, 139 Hawaiʻi 361, 368, 390 P.3d

1248, 1255 (2017). "Whether a party is entitled to enforce a

promissory note is determined by application of [Hawai‘i Revised

Statutes (HRS)] § 490:3-301." Id. at 369, 390 P.3d at 1256.

HRS § 490:3-301 (2008) explains who is entitled to

enforce an instrument:

"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 section 490:3-309 or 490:3-418(d).

Related, HRS § 490:3-309 (2008) governs enforcement of a lost

instrument:

3 NOT FOR PUBLICATION IN WEST'S HAWAIʻI REPORTS AND PACIFIC REPORTER

(a) A person not in possession of an instrument is entitled to enforce the instrument if (i) the person was in rightful possession of the instrument and entitled to enforce it when loss of possession occurred, (ii) the loss of possession was not the result of a transfer by the person or a lawful seizure, and (iii) the person cannot reasonably obtain possession of the instrument because the instrument was destroyed, its whereabouts cannot be determined, or it is in the wrongful possession of an unknown person or a person that cannot be found or is not amenable to service of process.

(b) A person seeking enforcement of an instrument under subsection (a) must prove the terms of the instrument and the person's right to enforce the instrument. If that proof is made, section 490:3-308 applies to the case as if the person seeking enforcement had produced the instrument. The court may not enter judgment in favor of the person seeking enforcement unless it finds that the person required to pay the instrument is adequately protected against loss that might occur by reason of a claim by another person to enforce the instrument. Adequate protection may be provided by any reasonable means.

(Emphases added.)

To summarize, Deutsche Bank must prove that when it

lost possession of the Note: (1) it was validly assigned

ownership of the Note, and (2) the Note was physically delivered

to it for the purpose of giving it the right to enforce the

Note.

Based on this record, the circuit court could

determine that ownership of the Note was transferred to Argent

Securities, Inc. and assigned to Deutsche Bank as trustee of the

mortgage pool, and the Note was to be physically delivered to

Argent or its designee, i.e., Deutsche Bank, for the purpose of

giving it the right to enforce the Note.

As to physical possession, Deutsche Bank relies solely

on the declaration of Gina Feezer, which stated "[t]he Original

4 NOT FOR PUBLICATION IN WEST'S HAWAIʻI REPORTS AND PACIFIC REPORTER

Note was received by Deutsche Bank as Trustee on May 20, 2006

which maintained possession and custody of the Original Note

until January 3, 2011. At that time the Original Note was

released to . . . the servicer at that time," "the history of

the custody of the Note shows that the Note was transferred to

Deutsche Bank, as Trustee in 2006 and delivered," and the "Note

remained in Deutsche Bank, as Trustee's possession until 2011."

Feezer, however, did not indicate she had personal

knowledge of possession, nor did she specify on what records she

relied in determining Deutsche Bank received the Note on May 20,

2006 and maintained possession until it was lost. See Deutsche

Bank Nat'l Tr. Co. as Tr. for Morgan Stanley ABS Cap. I Inc. Tr.

2006-NC4 v. Yata, 152 Hawaiʻi 322, 327 n.11, 336, 526 P.3d 299,

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Related

Bank of America, N.A. v. Reyes-Toledo.
390 P.3d 1248 (Hawaii Supreme Court, 2017)
U.S. Bank N.A. v. Mattos.
398 P.3d 615 (Hawaii Supreme Court, 2017)

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Bluebook (online)
556 P.3d 438, 155 Haw. 92, Counsel Stack Legal Research, https://law.counselstack.com/opinion/deutsche-bank-national-trust-company-v-bass-hawapp-2024.