Dwight L. Wright v. PHH Mortgage Corporation, et al.

District Court, D. New Jersey·Decided August 24, 2026·No. 3:26-cv-02129·Unknown

Opinion

NOT FOR PUBLICATION

UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY

DWIGHT L. WRIGHT,

Plaintiff, Civil Action No. 26-02129 (GC) (RLS) v. MEMORANDUM OPINION PHH MORTGAGE CORPORATION, et al.,

Defendants.

CASTNER, District Judge THIS MATTER comes before the Court upon Defendants PHH Mortgage Corporation (PHH) and Deutsche Bank National Trust Company, as Trustee for the registered holders of Morgan Stanley ABS Capital I Inc. Trust 2007-HE7, Mortgage Pass-Through Certificates, Series 2007 HE7’s (Deutsche Bank) Motion to Dismiss. (ECF No. 6.) Plaintiff opposed, and Defendants replied. (ECF Nos. 7, 9.) The Court has carefully reviewed the parties’ submissions and decides the matter without oral argument pursuant to Rule 78(b) and Local Civil Rule 78.1(b). For the reasons set forth below, and other good cause shown, Defendants’ Motion is GRANTED in part and DENIED in part. I. BACKGROUND A. Factual Background1 In 2007, Plaintiff took out a mortgage to purchase his property, located at 47 Stony Hill Drive, Morganville, New Jersey 07751. (ECF No. 1 ¶ 16.) Plaintiff’s mortgage loan was later securitized into the Morgan Stanley ABS Capital 2007-HE7 trust, which is managed by Defendant Deutsche Bank. (See id. ¶¶ 10, 16.) Plaintiff fell behind on his mortgage payments after the 2008

financial crisis and entered into a Chapter 13 bankruptcy. (Id. ¶ 17.) In 2016, Plaintiff executed a loan modification agreement (2016 Loan Modification) with the then-current loan servicer2 that set out a “New Principal Balance” of approximately $587,967.68, a “Deferred Principal Balance” of approximately $171,967.68, and a final lump sum obligation (referred to as the “balloon amount”)3 of approximately $375,690.71 due in July 2037. (Id. ¶¶ 18-19.) Plaintiff alleges that the loan modification agreement included language referring to the Real Estate Settlement Procedures Act (RESPA) when discussing Plaintiff’s rights and obligations. (Id. ¶¶ 20-22.) Among other things, the RESPA requires accurate, timely, and understandable disclosures to consumers. (See id. ¶ 22.)

1 On a motion to dismiss under Rule 12(b)(6), the Court must accept all facts as true, but courts “are not bound to accept as true a legal conclusion couched as a factual allegation.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 555 (2007) (citation modified). 2 It is unclear from the face of the Complaint, but it appears this agreement was reached with a prior loan servicer and not Defendant PHH. 3 A “balloon mortgage” or “balloon-payment mortgage” is “[a] mortgage requiring periodic payments for a specified time and a lump-sum payment of the outstanding balance at maturity.” Mortgage, Black’s Law Dictionary (12th ed. 2024). The “balloon amount” is the lump sum outstanding at maturity. See id.; see also Payment, Black’s Law Dictionary (12th ed. 2024) (defining “balloon payment” as “[a] final loan payment that is usu. much larger than the preceding regular payments and that discharges the principal balance of the loan.”). Plaintiff alleges that there was—and remains—a lack of clarity regarding the ownership of Plaintiff’s mortgage loan. He asserts that public records and documents in his possession “show at least two separate ‘assignment’ documents purporting to transfer Plaintiff’s loan to Deutsche Bank as trustee” and the assignment documents conflict with each other. (Id. ¶¶ 23-24.) As such, Plaintiff sent a purported Qualified Written Request and Notice of Error (QWR/NOE)4 to

Defendant PHH on May 27, 2025. (Id. ¶ 27.) He contends that he sent this request via certified mail to “PHH’s designated QWR/NOE address, consistent with PHH’s notices and federal mortgage-servicing rules.” (Id. ¶ 28.) Plaintiff’s request identified his loan number, property address, and cited to the RESPA and associated Regulation X.5 (Id. ¶ 29.) In this QWR/NOE, Plaintiff requested that PHH: a. Provide a complete payment history from the date of origination, including all debits, credits, fees, reversals, adjustments, deferments, and suspense entries; b. Explain how the “Current Principal Balance,” “Deferred Principal,” and “Balloon Amount” were calculated; c. Explain how the balloon payment at the end of the loan term was derived from the principal, deferred principal, interest, and payment stream; d. Identify the current owner or assignee of the loan and provide sufficient documentation to confirm that identification (for example, copies of any assignments into a trust); and

4 Under 12 C.F.R. § 1024.35, a qualified written request (QWR) that asserts an error in the servicing of a mortgage loan is treated as a notice of error (NOE). Plaintiff submitted one detailed request to PHH on May 27, 2025, which he refers to as his “QWR/NOE.” (ECF No. 1 ¶ 27.) Accordingly, in this context, Plaintiff’s purported QWR is also his NOE; the Court will treat the requests as one. 5 Regulation X, 12 C.F.R. § 1024.1 et seq., was “issued by the Bureau of Consumer Financial Protection to implement” the RESPA. 12 C.F.R. § 1024.1; see also Block v. Seneca Mortg. Servicing, 221 F. Supp. 3d 559, 591 (D.N.J. 2016). e. Correct any errors relating to misapplied or unexplained payments and provide an accurate payoff and reinstatement figure. (Id.) Plaintiff alleges that PHH received his QWR/NOE “but did not respond within the time or in the manner the RESPA requires.” (Id. ¶ 31.) According to Plaintiff, on June 20, 2025, PHH sent him a “packet of documents” in response. (Id. ¶ 32.) The response included a transaction history, but the ledger was incomplete and difficult for Plaintiff to interpret. (Id. ¶¶ 33-38.) After reviewing the materials, Plaintiff wrote to PHH again on June 28, 2025, identifying specific gaps he perceived in the accounting and requesting additional documents. (Id. ¶¶ 40-42.) On July 3, 2025, PHH sent Plaintiff another “large packet of ledger pages,” 190 pages in total. (Id. ¶ 43.) Plaintiff alleges the documents in this response are “even more confusing” than

those included in PHH’s June 20, 2025, response. (Id. ¶ 44.) According to Plaintiff, these documents still fail to provide a complete payment history back to origination, do not answer his questions about how the balloon payment was calculated, and do not reconcile the principal, interest, escrow, and suspense allocations that were changed pursuant to the 2016 Loan Modification. (Id. ¶¶ 45-49.) B. Procedural Background On March 2, 2026, Plaintiff filed a Complaint alleging that Defendants violated the RESPA, 12 U.S.C. §§ 2601-2617, and provisions of associated Regulation X, 12 C.F.R. §§ 1024.35-1024.36 (Count I) (ECF No. 1 ¶¶ 59-72), as well as the Truth in Lending Act (TILA), 15 U.S.C. §§ 1601-1667f, and associated Regulation Z, 12 C.F.R. §§ 1026.2, 1026.18 (Count II).6 (Id.

¶¶ 73-85.) Plaintiff seeks actual and statutory damages, attorneys’ fees, and declaratory and

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Dwight L. Wright v. PHH Mortgage Corporation, et al., (D.N.J. 2026).

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