Fifth Third Bank v. Gould

2024 IL App (1st) 231994-U
CourtAppellate Court of Illinois
DecidedAugust 16, 2024
Docket1-23-1994
StatusUnpublished

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Bluebook
Fifth Third Bank v. Gould, 2024 IL App (1st) 231994-U (Ill. Ct. App. 2024).

Opinion

2024 IL App (1st) 231994-U No. 1-23-1994 Order filed August 16, 2024 Fifth Division

NOTICE: This order was filed under Supreme Court Rule 23 and is not precedent except in the limited circumstances allowed under Rule 23(e)(1). ______________________________________________________________________________ IN THE APPELLATE COURT OF ILLINOIS FIRST DISTRICT ______________________________________________________________________________

FIFTH THIRD BANK, NATIONAL ASSOCIATION, ) Appeal from the ) Circuit Court of Plaintiff-Appellee, ) Cook County. ) v. ) ) MARTHA GOULD; LUIS PAYAN; JAMES E. GOULD; ) UNITED STATES OF AMERICA – SECRETARY OF ) No. 22 CH 1694 HOUSING AND URBAN DEVELOPMENT; ) UNKNOWN OWNERS; and NONRECORD ) CLAIMANTS, ) ) Defendants, ) Honorable ) Lynn Weaver Boyle, (Martha Gould, Defendant-Appellant). ) Judge Presiding.

JUSTICE NAVARRO delivered the judgment of the court. Presiding Justice Mitchell and Justice Mikva concurred in the judgment.

ORDER

¶1 Held: We affirm the circuit court’s order confirming the judicial sale of defendant- appellant’s residence and the court’s order denying her motion to reconsider. No. 1-23-1994

¶2 Defendant, Martha Gould, appeals from orders of the circuit court confirming the judicial

sale of her residence on the motion of plaintiff, Fifth Third Bank, National Association, and

denying her motion to reconsider the confirmation of the judicial sale. On appeal, Martha contends

that the court erred in confirming the judicial sale where justice was not otherwise done because

Fifth Third Bank, National Association, violated federal regulations when it proceeded to a judicial

sale despite her submitting a complete loss mitigation application. For the reasons that follow, we

affirm the circuit court’s orders.

¶3 I. BACKGROUND

¶4 A. Regulation X

¶5 This case involves section 1024.41 of Title 12 of the Code of Federal Regulations (12

C.F.R. § 1024.41 (2023)), which is known as Regulation X (id. § 1024.1). Regulation X is a series

of regulations that implement the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. §

2601 et seq. (2018)). 12 C.F.R. § 1024.1 (2023). One of Regulation X’s core protections is

prohibiting mortgage servicers from engaging in “dual-tracking,” where they participate in

foreclosure proceedings while simultaneously working with borrowers to avoid foreclosure.

Gresham v. Wells Fargo Bank, N.A., 642 F. App’x 355, 359 (5th Cir. 2016).

¶6 To prohibit dual-tracking, section 1024.41 provides various requirements of federal loan

servicers, including regulations concerning the evaluation of a borrower’s loss mitigation

application. Among the requirements, if a servicer receives an application 45 days or more before

a foreclosure sale, it must promptly review the application to determine if the application is

complete and provide notice within five business days to the borrower of the application’s

completeness or incompleteness. 12 C.F.R. § 1024.41(b)(2) (2023). If the servicer determines the

application is incomplete, it must provide notice to the borrower of the information required to

-2- No. 1-23-1994

make the application complete and a reasonable time period in which the borrower has to respond.

Id. Once the borrower submits the additional information, that application is deemed facially

complete. Id. § 1024.41(c)(2)(iv). If the servicer later determines that further information or

corrections to previously submitted documents are required from the borrower, the servicer may

request such information but the loss mitigation application is still considered complete “until the

borrower is given a reasonable opportunity to complete the application.” Id. “If the borrower

completes the application within this period, the application shall be considered complete as of the

date it first became facially complete” for purposes of section 1024.41(g). Id.

¶7 When a borrower submits a complete loss mitigation application, he or she becomes

entitled to certain foreclosure protections. Under section 1024.41(g):

“If a borrower submits a complete loss mitigation application after a servicer has

made the first notice or filing required by applicable law for any judicial or non-

judicial foreclosure process but more than 37 days before a foreclosure sale, a

servicer shall not move for foreclosure judgment or order of sale, or conduct a

foreclosure sale, unless:

(1) The servicer has sent the borrower a notice pursuant to paragraph

(c)(1)(ii) of this section that the borrower is not eligible for any loss mitigation

option and the appeal process in paragraph (h) of this section is not applicable, the

borrower has not requested an appeal within the applicable time period for

requesting an appeal, or the borrower’s appeal has been denied;

(2) The borrower rejects all loss mitigation options offered by the servicer;

or

-3- No. 1-23-1994

(3) The borrower fails to perform under an agreement on a loss mitigation

option.” Id. § 1024.41(g).

That notice pursuant to paragraph (c)(1)(ii) must be in writing and state:

“the servicer’s determination of which loss mitigation options, if any, it will offer

to the borrower on behalf of the owner or assignee of the mortgage. The servicer

shall include in this notice the amount of time the borrower has to accept or reject

an offer of a loss mitigation program as provided for in paragraph (e) of this section,

if applicable, and a notification, if applicable, that the borrower has the right to

appeal the denial of any loan modification option as well as the amount of time the

borrower has to file such an appeal and any requirements for making an appeal, as

provided for in paragraph (h) of this section.” Id. § 1024.41(c)(1)(ii).

However, according to Regulation X, “[n]othing in [section] 1024.41 imposes a duty on a servicer

to provide any borrower with any specific loss mitigation option.” Id. § 1024.41(a).

¶8 B. The Foreclosure Litigation

¶9 With that brief overview of Regulation X, we now turn to the present case. In 2009, Martha

and her brother, Luis Payan, executed a note secured by a mortgage held by Fifth Third Mortgage

Company for a residence located in Chicago. By January 2022, Fifth Third Bank, National

Association, was the successor-in-interest to Fifth Third Mortgage Company (hereinafter referred

to as Fifth Third). The following month, after Martha and Payan had failed to make their monthly

mortgage payments for four months, Fifth Third filed a foreclosure complaint against them as well

as James E. Gould, the United States of America – Secretary of Housing and Urban Development

(HUD), Unknown Owners and Nonrecord Claimants. Fifth Third included James as a defendant

because he was allegedly the spouse of Martha and had a potential interest in the property. Fifth

-4- No. 1-23-1994

Third also included HUD as a defendant because HUD held a subordinate mortgage on the

property.

¶ 10 After Fifth Third obtained service on Martha, Payan, James and HUD, Martha and HUD

filed appearances while Payan and James did not. In September 2022, after Martha filed an answer

to Fifth Third’s complaint, Fifth Third filed various motions to complete the foreclosure process.

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