Khyber Holdings, LLC v. U.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed CerU.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merrill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed

CourtCourt of Appeals of Texas
DecidedDecember 19, 2024
Docket01-23-00357-CV
StatusPublished

This text of Khyber Holdings, LLC v. U.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed CerU.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merrill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed (Khyber Holdings, LLC v. U.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed CerU.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merrill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Khyber Holdings, LLC v. U.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed CerU.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merrill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed, (Tex. Ct. App. 2024).

Opinion

Opinion issued December 19, 2024

In The

Court of Appeals For The

First District of Texas ———————————— NO. 01-23-00357-CV ——————————— KHYBER HOLDINGS, LLC, Appellant V. U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR IN INTEREST TO BANK OF AMERICA, NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK, NATIONAL ASSOCIATION, AS TRUSTEE FOR MERILL LYNCH MORTGAGE INVESTORS TRUST, MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2006-RM5, Appellee

On Appeal from the 234th District Court Harris County, Texas Trial Court Case No. 2021-08505 MEMORANDUM OPINION

This case arises out of a dispute over the title to residential real property

located at 760 Thicket Lane in Houston, Texas (“Property”). Appellee U.S. Bank

National Association (“U.S. Bank”) claims an interest in the Property through

assignments of a deed of trust executed by the original purchasers of the Property,

who defaulted on their loan repayment obligations. Appellant Khyber Holdings,

LLC (“Khyber”) claims an interest in the Property because it bought the Property at

a foreclosure sale when the homeowner association (“HOA”) foreclosed on an

assessment lien after the original purchasers failed to pay their HOA fees.

Khyber sued to quiet title and declare invalid the deed of trust then owned by

U.S. Bank’s predecessor in interest. But Khyber did not name U.S. Bank’s

predecessor as a defendant—it instead named a prior owner of the deed of trust—

and U.S. Bank’s predecessor was never served with process. Khyber’s petition went

unanswered, and Khyber sought a default judgment. The trial court entered a default

judgment for Khyber, holding that Khyber owned the Property free and clear of the

deed of trust.

Several years later, after U.S. Bank had acquired the deed of trust by

assignment, it discovered the default judgment declaring Khyber the Property owner.

U.S. Bank filed this suit seeking a bill of review. The trial court granted summary

2 judgment for U.S. Bank on both its bill of review and on Khyber’s counterclaims.

Khyber appealed, and we affirm.

Background

Paul and Alba Rhoads bought the Property in 2006. They borrowed $104,500

from Resmae Mortgage Corporation (“Resmae”) to fund a portion of the purchase

price, and they executed a promissory note for that amount to Resmae. To secure the

note, the Rhoadses executed a deed of trust, entitled “Texas Home Equity Security

Instrument (First Lien)” (“Deed of Trust”). The Deed of Trust shows Resmae as the

lender and states that “the beneficiary of this Security Instrument is MERS

[Mortgage Electronic Registration Systems, Inc.] (solely as nominee for [Resmae]

and [Resmae’s] successors and assigns) and the successors and assigns of MERS.”

The Rhoadses failed to pay the required assessment fees to their HOA, and

the HOA foreclosed on its assessment lien. In December 2008, the HOA conducted

a foreclosure sale at which Khyber was the highest bidder. Khyber bought the

Property for $2,200, “with no warranties, express or implied, and subject to any and

all liens . . . or other matters of record.”

In March 2009, about four months after Khyber bought the Property, MERS

conveyed its interest in the Deed of Trust to Bank of America (“BofA”). In an

instrument entitled “Corporate Assignment of Mortgage/Deed of Trust,” MERS

assigned “[a]ll beneficial interest under [the Deed of Trust] . . . [t]ogether with the

3 note or notes therein described or referred to, the money due and to become due

thereon with interest, and all rights accrued or to accrue under this Mortgage/Deed

of Trust” to BofA “as successor by merger to LaSalle Bank, N.A. as Trustee for the

MLMI Trust Series 2006-RM5.” The assignment from MERS to BofA was recorded

in the county real property records on March 10, 2009.

A few weeks after it acquired the Deed of Trust, BofA sought to foreclose on

the Property. It applied for expedited foreclosure, alleging that it had accelerated the

amounts due under the note and sought to conduct a nonjudicial foreclosure sale. See

TEX. R. CIV. P. 736. But BofA did not follow through with the foreclosure; in June

2009, BofA nonsuited its application for expedited foreclosure without prejudice.

In April 2009, almost two months after MERS assigned the Deed of Trust to

BofA, Khyber sued MERS for a judgment declaring that the Deed of Trust was

“invalid and unenforceable, ordering it removed from the title to the

[P]roperty, . . . and quieting title in [Khyber]” (“2009 Lawsuit”). Khyber served

MERS through the Texas Secretary of State at MERS’s regional office in Ocala,

Florida. At the time, MERS’s home office was in Reston, Virginia. Although BofA

owned the Deed of Trust when Khyber filed the 2009 Lawsuit, Khyber did not name

BofA as a defendant or serve it with process.

MERS did not answer the 2009 Lawsuit. In July 2009, about four months after

BofA assigned its interest in the Deed of Trust to U.S. Bank, Khyber moved for

4 default judgment. The trial court granted that motion. It entered a default judgment

finding that MERS “did not file an answer or any other pleading constituting an

answer” and concluding that Khyber “is the owner of [the Property],” that the Deed

of Trust “is void and of no force and effect,” and that the Deed of Trust “is removed

from the title to the [Property].” Khyber claims it has “controlled the Property” from

the time the trial court entered the default judgment in 2009 to the present.

Over 10 years later, in October 2019, BofA assigned the Deed of Trust to U.S.

Bank. As U.S. Bank was preparing to foreclose on the Property, it conducted a title

search that revealed the default judgment from the 2009 Lawsuit.

U.S. Bank then filed this suit, seeking a bill of review and a judgment setting

aside the default judgment. U.S. Bank’s original petition alleged that its due process

rights were violated because its predecessor in interest, BofA, “did not receive notice

of the 2009 Lawsuit.” U.S. Bank later amended its petition to add an allegation that

the address Khyber provided to the Texas Secretary of State to serve MERS with the

2009 Lawsuit was “neither the home office of MERS nor a valid address for MERS

at that time,” such that neither BofA nor MERS “received proper service of process

and notice of [the 2009 Lawsuit].”

In response to U.S. Bank’s suit, Khyber filed a plea to the jurisdiction, arguing

U.S. Bank lacked standing to seek a bill of review. The trial court denied the plea.

Khyber counterclaimed, in which it sought a judgment declaring that the limitations

5 period on U.S. Bank’s claim to foreclose had expired, such that the Deed of Trust

was invalid and unenforceable, and quieting title to the Property in Khyber. Khyber

also sought discovery from U.S. Bank, as well as from nonparties BofA and MERS.

MERS moved to quash Khyber’s subpoena, and Khyber moved to compel.

Some discovery proceeded, and U.S. Bank moved for summary judgment on

both its bill of review and Khyber’s counterclaims. U.S. Bank’s motion for summary

judgment argued that Khyber’s 2009 Lawsuit “sued an entity with no interest in the

Property [MERS],” that “MERS was not the correct party to sue and serve,” and that

the default judgment was “void given the complete failure of service of process.” In

response, Khyber moved for a continuance to obtain further discovery about the

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Mullane v. Central Hanover Bank & Trust Co.
339 U.S. 306 (Supreme Court, 1950)
Peralta v. Heights Medical Center, Inc.
485 U.S. 80 (Supreme Court, 1988)
Cervantes v. Countrywide Home Loans, Inc.
656 F.3d 1034 (Ninth Circuit, 2011)
In Re CSX Corp.
124 S.W.3d 149 (Texas Supreme Court, 2003)
Joe v. Two Thirty Nine Joint Venture
145 S.W.3d 150 (Texas Supreme Court, 2004)
Caldwell v. Barnes
154 S.W.3d 93 (Texas Supreme Court, 2004)
Austin Nursing Center, Inc. v. Lovato
171 S.W.3d 845 (Texas Supreme Court, 2005)
Ulico Casualty Co. v. Allied Pilots Ass'n
262 S.W.3d 773 (Texas Supreme Court, 2008)
Southwestern Bell Telephone Co. v. Marketing on Hold Inc.
308 S.W.3d 909 (Texas Supreme Court, 2010)
Carolyn Casterline v. OneWest Bank, F.S.B.
537 F. App'x 314 (Fifth Circuit, 2013)
FM Properties Operating Co. v. City of Austin
22 S.W.3d 868 (Texas Supreme Court, 2000)
DaimlerChrysler Corp. v. Inman
252 S.W.3d 299 (Texas Supreme Court, 2008)
Randall's Food Markets, Inc. v. Johnson
891 S.W.2d 640 (Texas Supreme Court, 1995)
City of Houston v. Clear Creek Basin Authority
589 S.W.2d 671 (Texas Supreme Court, 1979)
Thompson v. Chrysler First Business Credit Corp.
840 S.W.2d 25 (Court of Appeals of Texas, 1992)
Manley v. Parsons
112 S.W.3d 335 (Court of Appeals of Texas, 2003)
Marrot Communications, Inc. v. Town & Country Partnership
227 S.W.3d 372 (Court of Appeals of Texas, 2007)
Dezso v. Harwood
926 S.W.2d 371 (Court of Appeals of Texas, 1996)
HOLY CROSS CHURCH OF GOD IN CHRIST v. Wolf
44 S.W.3d 562 (Texas Supreme Court, 2001)

Cite This Page — Counsel Stack

Bluebook (online)
Khyber Holdings, LLC v. U.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed CerU.S. Bank National Association, as Trustee, Successor in Interest to U.S. Bank, National Association, as Trustee Successor by Merger to Lasalle Bank National Association, as Trustee for Merrill Lynch Mortgage Investors Trust, Mortgage Loan Asset-Backed, Counsel Stack Legal Research, https://law.counselstack.com/opinion/khyber-holdings-llc-v-us-bank-national-association-as-trustee-texapp-2024.