Flagstar Bank, NA (f/k/a Flagstar Bank, FSB) v. Gregory W. Degele a/k/a Gregory Degele, individually and with Laura Degele as husband and wife; and Enfield Green Homeowners Association a/k/a Estate Enfield Green Owner’s Association, Inc.

CourtDistrict Court, Virgin Islands
DecidedFebruary 10, 2026
Docket1:23-cv-00056
StatusUnknown

This text of Flagstar Bank, NA (f/k/a Flagstar Bank, FSB) v. Gregory W. Degele a/k/a Gregory Degele, individually and with Laura Degele as husband and wife; and Enfield Green Homeowners Association a/k/a Estate Enfield Green Owner’s Association, Inc. (Flagstar Bank, NA (f/k/a Flagstar Bank, FSB) v. Gregory W. Degele a/k/a Gregory Degele, individually and with Laura Degele as husband and wife; and Enfield Green Homeowners Association a/k/a Estate Enfield Green Owner’s Association, Inc.) is published on Counsel Stack Legal Research, covering District Court, Virgin Islands primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Flagstar Bank, NA (f/k/a Flagstar Bank, FSB) v. Gregory W. Degele a/k/a Gregory Degele, individually and with Laura Degele as husband and wife; and Enfield Green Homeowners Association a/k/a Estate Enfield Green Owner’s Association, Inc., (vid 2026).

Opinion

DISTRICT COURT OF THE VIRGIN ISLANDS DIVISION OF ST. CROIX

FLAGSTAR BANK, NA (f/k/a Flagstar Bank, FSB), ) ) Plaintiff, ) ) v. ) Civil Action No. 2023-0056 ) Gregory W. Degele a/k/a Gregory Degele, individually ) and with Laura Degele as husband and wife; and ) Enfield Green Homeowners Association a/k/a ) Estate Enfield Green Owner’s Association, Inc., ) ) Defendants. ) ________________________________________________)

Attorney:

Richard H. Dollison, Esq. St. Thomas, U.S.V.I. For Plaintiff

MEMORANDUM OPINION

Lewis, Senior District Judge

THIS MATTER comes before the Court on Plaintiff Flagstar Bank, NA’s (f/k/a Flagstar Bank, FSB) (“Plaintiff”) “Corrected Motion for Default Judgment” (“Motion for Default Judgment”)1 (Dkt. No. 36) and “Motion for Attorney’s Fees and Costs” (Dkt. No. 32). For the reasons discussed below, the Court will grant Plaintiff’s Motion for Default Judgment and grant in part and deny in part the Motion for Attorney’s Fees and Costs. The Court will award attorneys’ fees in favor of Plaintiff in the amount of $5,085.00 and expenses in the amount of $1,089.11.

1 In the instant Motion for Default Judgment, Plaintiff states that its initially filed Motion for Default Judgment (Dkt. No. 29) contained a scrivener’s error in the subject property description. (Dkt. No. 36 at 1 n.1). Plaintiff represents that the instant Motion corrects that error. Id. I. BACKGROUND On December 7, 2023, Plaintiff filed a Complaint against Defendants Gregory W. Degele a/k/a Gregory Degele, individually (“Gregory W. Degele”) and with Laura Degele as husband and wife (“the Borrowers”) and Estate Enfield Green Homeowners Association a/k/a Estate Enfield Green Owner’s Association, Inc. (“Enfield Green”) for a debt owed and for foreclosure of a mortgage on real property. (Dkt. No. 1). In the Complaint, Plaintiff alleges that, on February 23, 2009, Gregory W. Degele executed a

promissory note (the “Note”) in favor of Flagstar Bank, FSB (“Flagstar”) in the principal amount of $513,057.00, together with interest at the rate of 3.375% per annum, in equal consecutive monthly installments of principal and interest in the amount of $2,872.97. Id. at ¶ 5. On the same day, as security for the Note, the Borrowers executed and delivered to Flagstar a first priority mortgage (the “Mortgage”), encumbering property described in the Warranty Deed as: Plot No. 133 (0.642 U.S. acre) Estate Enfield Green, Prince Quarter, St. Croix, U.S. Virgin Islands, as more fully shown on OLG Drawing No. 4386 dated July 01, 1987, revised June 9, 1992.

(the “Property”) (Dkt. No. 37-1 at 1). After the Mortgage was assigned to Flagstar by Mortgage Electronic Registration Systems, Inc. (“MERS”) in May 2018, the Note and Mortgage were subsequently modified by a Home Affordable Modification Agreement, and once more via a Loan Modification Agreement executed by the Borrowers on October 3, 2022 in the principal amount of $537,660.13, payable in monthly installments of $2,376.98 at a fixed annual interest rate of 3.375%. (Dkt. No. 1 at ¶ 15). The Complaint alleges that the terms and provisions of the Note and Mortgage remain the same, except for those related to interest rate adjustments. Id. at ¶ 16. The Complaint further alleges that the Borrowers defaulted under the terms and conditions of the Note and Mortgage by failing to make monthly installments of principal, interest, and other amounts. Id. at ¶¶ 22-23. By correspondence dated September 28, 2023, Flagstar sent a Notice of Default to the address on record advising that failure to cure the default would result in acceleration of the debt and foreclosure of the Mortgage. (Id. at ¶ 24; Dkt. No. 31-6). As of the date of the Complaint, the default was not cured; payment of the debt was accelerated; and the Borrowers remained in default. Id. at ¶ 25. With regard to other liens, the Complaint alleges that on or about October 5, 2021, Enfield Green recorded a Notice of Lien against the Property in the amount of $4,912.39. (Dkt. No. 1 at 5). Plaintiff seeks, inter alia, judgment in its favor and against the Borrowers and Enfield Green:

declaring that Gregory W. Degele defaulted under the terms of the Note and Mortgage, thereby entitling Plaintiff to exercise all remedies provided by those documents; awarding the principal balance due on the Note plus interest, costs, expenses, and attorneys’ fees; declaring that Plaintiff’s Mortgage forecloses the interests of all other lienholders subject only to statutory redemption rights; and ordering that the Property be sold with any proceeds to be applied to the sums due to Plaintiff. Id. at 7-8. On May 30, 2025, Plaintiff filed a Motion for Default Judgment together with a Memorandum of Law. (Dkt. Nos. 36, 37). Plaintiff argues that the procedural elements for default judgment against the Borrowers and Enfield Green have been satisfied because Plaintiff served the Borrowers and Enfield Green with copies of the Summons and Complaint (Dkt. Nos. 6, 7, 13); the Borrowers and

Enfield Green have not defended themselves in this matter; the Borrowers are not minors or incompetent persons; and the Borrowers are not engaged in military service. (Dkt. No. 37 at 10). In addition, Plaintiff asserts that it has satisfied the three factors for determining whether default judgment is appropriate, as set forth in Chamberlain v. Giampapa, 210 F.3d 154, 164 (3d Cir. 2000).2 Id. at 13-16.

2 The three Chamberlain factors that bear on whether a default judgment should be entered are: “(1) prejudice to the plaintiff if default is denied, (2) whether the defendant appears to have a litigable Along with the Motion for Default Judgment, Plaintiff also filed a “Declaration of Amounts Due” (“Declaration”). (Dkt. No. 31-1). In the Declaration, Diane L. Derenge (“Derenge”), Banking Officer for Plaintiff, attests that she has personal knowledge of the documents regarding the subject loan in this matter, which are maintained as part of Plaintiff’s business records. Id. at 2. Based on the information provided, the indebtedness owed to Plaintiff as of March 15, 2025 consists of the following: a principal balance of $528,901.75; accrued interest from November 1, 2022 to March 15, 2025 of $42,335.80; escrow advance of $9,329.26; accumulated late charges of $444.44; and

recoverable balance of $6,309.00 (title costs, inspections, property preservation fees, and legal expenses)3 for a total indebtedness of $587,320.25. Id. Derenge also asserts that interest accrues on the outstanding debt at the per diem rate of $48.91. Id. In the Motion for Attorneys’ Fees, Plaintiff requests attorneys’ fees in the amount of $8,475.00 and expenses in the amount of $1,089.11, for a total of $9,564.11. (Dkt. No. 32). Additionally, A.J. Stone III, Esq., (“Attorney Stone”) submitted a “Declaration of Counsel in Support of Motion for Attorneys’ Fees,” along with billing records listing the services billed, and averring that he billed at an hourly rate of $250.00. (Dkt. Nos. 34-1, 34-2). To date, none of the Defendants have appeared in this action.

defense, and (3) whether defendant’s delay is due to [defendant’s] culpable conduct.” J&J Sports Productions, Inc. v. Ramsey, 757 F. App’x 93, 95 n.1 (3d Cir. 2018) (citing Chamberlain, 210 F.3d at 164).

3 Plaintiff has indicated it has included legal expenses as part of its requested judgment amount (Dkt. No. 32 at 1), but the Court will consider the requested legal expenses—for which Plaintiff provides billing records—as part of the Motion for Attorney’s Fees and Costs. II. APPLICABLE LEGAL PRINCIPLES A. Default Judgment When considering a motion for default judgment, the Court accepts as true any facts contained in the pleadings regarding liability. Fed. R. Civ. P.

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Flagstar Bank, NA (f/k/a Flagstar Bank, FSB) v. Gregory W. Degele a/k/a Gregory Degele, individually and with Laura Degele as husband and wife; and Enfield Green Homeowners Association a/k/a Estate Enfield Green Owner’s Association, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/flagstar-bank-na-fka-flagstar-bank-fsb-v-gregory-w-degele-aka-vid-2026.