McCullough v. Bank of America, N.A.

CourtHawaii Supreme Court
DecidedSeptember 12, 2025
DocketSCAP-23-0000335
StatusPublished

This text of McCullough v. Bank of America, N.A. (McCullough v. Bank of America, N.A.) is published on Counsel Stack Legal Research, covering Hawaii Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
McCullough v. Bank of America, N.A., (haw 2025).

Opinion

*** FOR PUBLICATION IN WEST’S HAWAI I REPORTS AND PACIFIC REPORTER ***

Electronically Filed Supreme Court SCAP-XX-XXXXXXX 12-SEP-2025 10:28 AM Dkt. 26 OP

IN THE SUPREME COURT OF THE STATE OF HAWAI‘I

---o0o---

LARRY W. MCCULLOUGH; DERROL E. ESTRELLA; JUANITA F. ESTRELLA; JOHN A. MATUSEK; SUNDAY M. MATUSEK; ARTHUR M. AQUINO; MILAGROS N. AQUINO; NEVILLE T. PRITCHARD; and BARBARA M. PRITCHARD, Plaintiffs-Appellants,

vs.

BANK OF AMERICA, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC.; DAMION C. CLARK; GENTRY L. CLARK; QUICKEN LOANS, INC.; JAMES SOR; AMERICAN SAVINGS BANK, F.S.B.; BRADLEY ALAN LOEFFLER AND BARBARA JEAN LOEFFLER, INDIVIDUALLY AND AS TRUSTEES OF THE LOEFFLER 2011 FAMILY TRUST DATED DECEMBER 22, 2011, Defendants-Appellees,

and

ERIC TUCKER; MICHELLE TUCKER; and U.S. BANK NATIONAL ASSOCIATION, Defendants-Appellees.

SCAP-XX-XXXXXXX

APPEAL FROM THE CIRCUIT COURT OF THE THIRD CIRCUIT (CAAP-XX-XXXXXXX; CASE NO. 3CC19100105K)

SEPTEMBER 12, 2025

RECKTENWALD, C.J., McKENNA, EDDINS, GINOZA, AND DEVENS, JJ.

OPINION OF THE COURT BY DEVENS, J. *** FOR PUBLICATION IN WEST’S HAWAI I REPORTS AND PACIFIC REPORTER ***

I. INTRODUCTION

This case arises from a wrongful foreclosure action filed

against Bank of America, N.A. (Lender) after Lender foreclosed

on multiple Hawai‘i Island properties pursuant to the power of

sale clauses in Lender’s mortgage agreements as authorized by

Hawai‘i Revised Statutes (HRS) § 667-5 (Supp. 2008) (repealed

2012).

Plaintiffs, Arthur and Milagros Aquino, Derrol and Juanita

Estrella, Neville and Barbara Pritchard, and John and Sunday

Matusek (collectively, Borrowers), executed mortgage agreements

with Lender, which gave Lender a lien on their respective

properties. Between 2008 to 2009, Borrowers defaulted on their

mortgage loans. Lender foreclosed on the properties. These

properties were subsequently sold to third-party purchasers.

In 2019, Borrowers brought the instant action in the

Circuit Court of the Third Circuit (circuit court) alleging

wrongful foreclosure; unfair or deceptive acts and practices and

unfair methods of competition under HRS Chapter 480 (UDAP); and

quiet title and ejectment against the current titleholders of

the properties (collectively, Titleholders). Borrowers sought

compensatory and punitive damages and the return of title and

possession of the properties.

The circuit court granted summary judgment in favor of

2 *** FOR PUBLICATION IN WEST’S HAWAI I REPORTS AND PACIFIC REPORTER ***

Lender concluding that Borrowers could not establish

compensatory damages against Lender after accounting for the

outstanding debt on the properties. 1 The circuit court therefore

concluded that Borrowers’ wrongful foreclosure and UDAP claims

failed as a matter of law. The circuit court calculated

Borrowers’ compensatory damages as inclusive of loss of use of

the properties, personal funds used to acquire the properties,

payments in property taxes and to homeowners’ associations, and

payments on Borrowers’ loans with Lender. The court did not

include any incurred debt or unpaid interest.

The circuit court also granted summary judgment in favor of

Titleholders concluding that Borrowers could not seek the remedy

of return of title and possession of the properties without

first establishing damages; the quiet title and ejectment claims

were barred by the statute of limitations; and Titleholders were

bona fide purchasers.

We affirm the circuit court’s granting of summary judgment

consistent with this opinion. Pursuant to our holdings in Lima

v. Deutsche Bank National Trust Co., 149 Hawai‘i 457, 494 P.3d

1190 (2021) and Llanes v. Bank of America, N.A., 154 Hawai‘i 423,

555 P.3d 110 (2024), to survive summary judgment on their

1 The Honorable Robert D.S. Kim presided.

3 *** FOR PUBLICATION IN WEST’S HAWAI I REPORTS AND PACIFIC REPORTER ***

wrongful foreclosure and UDAP claims against Lender, Borrowers

must establish compensatory damages after accounting for their

mortgage debts at the time of the foreclosures. Viewed in the

light most favorable to Borrowers and accounting for the loss of

use as asserted by Borrowers in their declarations submitted to

the circuit court, the court correctly determined that Borrowers

did not establish compensatory damages.

In filing quiet title and ejectment claims against

Titleholders, Borrowers also seek the classic remedy of a

wrongful foreclosure action, which is return of title and

possession of the properties. We hold that these claims against

Titleholders are subject to the statute of limitations for a

wrongful foreclosure action, which we conclude is six years.

Consequently, Borrowers’ claims against Titleholders for return

of title and possession of the properties, which they first

brought in 2019, are time-barred. Even if Borrowers had timely

brought their claims for return of title and possession of the

properties, the affidavits of foreclosure in question, which

were filed in the chain of title of the properties, did not

place Titleholders on constructive notice of any defects in the

foreclosure process. Therefore, the circuit court correctly

determined that Titleholders were bona fide purchasers.

4 *** FOR PUBLICATION IN WEST’S HAWAI I REPORTS AND PACIFIC REPORTER ***

II. BACKGROUND

The following is largely undisputed on appeal. Borrowers

do not contest that they missed mortgage payments, after which

Lender commenced nonjudicial foreclosure proceedings. The

A. The Aquino Property

In June 2006, Arthur and Milagros Aquino (Aquinos) obtained

a $231,200.00 mortgage loan and a $43,350.00 Mortgage, Security

Agreement, and Financing Statement from Lender. The Aquinos

subsequently purchased a property in Kea‘au, Hawaiʻi for

$289,000.00 plus $11,550.00 in closing costs financing the

purchase with the initial $231,200.00 mortgage loan; the

subsequent $43,350.00 loan; and $26,000.00 in personal funds.

After purchasing the property, the Aquinos contend they paid

$25,900.00 in interest on the first loan; $2,000.00 in interest

on the second loan; and $5,000.00 in property taxes and

insurance.

Beginning in April 2008, the Aquinos began missing payments

on their loans. In November 2008, Lender initiated a

nonjudicial foreclosure against the Aquinos’ property pursuant

to the power of sale clause in their mortgage agreement. After

postponing the foreclosure sale, Lender held the sale on July

17, 2009; Lender was the winning bidder paying $258,546.06.

5 *** FOR PUBLICATION IN WEST’S HAWAI I REPORTS AND PACIFIC REPORTER ***

Lender recorded an Affidavit of Foreclosure Under Power of Sale

in the Bureau of Conveyances (BOC). After the foreclosure sale,

the Aquinos contend they incurred $21,000.00 in damages based on

their loss of use of the property.

At the time of the sale, Lender presented evidence that the

Aquinos owed $252,822.38 on the first loan and $42,490.98 on the

second loan, totaling $295,313.36. There is nothing in the

record indicating that Lender sought a deficiency payment on

either loan.

After the sale, Lender conveyed the property to Federal

National Mortgage Association (Fannie Mae). Thereafter, Fannie

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

Related

SGM PARTNERSHIP v. Nelson
705 P.2d 49 (Hawaii Intermediate Court of Appeals, 1985)
Levi v. University of Hawaii
679 P.2d 129 (Hawaii Supreme Court, 1984)
Ka'u Agribusiness Co. v. Heirs of Ahulau
95 P.3d 613 (Hawaii Supreme Court, 2004)
Kondaur Capital Corporation v. Matsuyoshi.
361 P.3d 454 (Hawaii Supreme Court, 2015)
Santiago v. Tanaka
366 P.3d 612 (Hawaii Supreme Court, 2016)
Akagi v. Oshita
33 Haw. 343 (Hawaii Supreme Court, 1935)
Mount v. Apao.
384 P.3d 1268 (Hawaii Supreme Court, 2016)
Hungate v. Law Office of David B. Rosen
391 P.3d 1 (Hawaii Supreme Court, 2017)
Bank of America, N.A. v. Reyes-Toledo.
390 P.3d 1248 (Hawaii Supreme Court, 2017)
Kawakami v. Kahala Hotel Investors, LLC.
421 P.3d 1277 (Hawaii Supreme Court, 2018)
Bank of America, N.A. v. Reyes-Toledo.
428 P.3d 761 (Hawaii Supreme Court, 2018)
Lima, Jr. v. Deutsche Bank National Trust Company
494 P.3d 1190 (Hawaii Supreme Court, 2021)
Delapinia v. Nationstar Mortgage LLC.
497 P.3d 106 (Hawaii Supreme Court, 2021)
Keawe v. Parker
6 Haw. 489 (Hawaii Supreme Court, 1884)
State v. Bristol-Myers Squibb Company.
526 P.3d 395 (Hawaii Supreme Court, 2023)
James B. Nutter & Company v. Namahoe, Sr.
528 P.3d 222 (Hawaii Supreme Court, 2023)

Cite This Page — Counsel Stack

Bluebook (online)
McCullough v. Bank of America, N.A., Counsel Stack Legal Research, https://law.counselstack.com/opinion/mccullough-v-bank-of-america-na-haw-2025.