PANTELIS DEMIRIS VS. BRANCH BANKING & TRUST COMPANY (C-000353-15, BERGEN COUNTY AND STATEWIDE)

CourtNew Jersey Superior Court Appellate Division
DecidedMarch 18, 2019
DocketA-5170-16T1
StatusUnpublished

This text of PANTELIS DEMIRIS VS. BRANCH BANKING & TRUST COMPANY (C-000353-15, BERGEN COUNTY AND STATEWIDE) (PANTELIS DEMIRIS VS. BRANCH BANKING & TRUST COMPANY (C-000353-15, BERGEN COUNTY AND STATEWIDE)) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
PANTELIS DEMIRIS VS. BRANCH BANKING & TRUST COMPANY (C-000353-15, BERGEN COUNTY AND STATEWIDE), (N.J. Ct. App. 2019).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-5170-16T1

PANTELIS DEMIRIS and MARA DEMIRIS,

Plaintiffs-Appellants,

v.

BRANCH BANKING & TRUST COMPANY,

Defendant-Respondent. ______________________________

Submitted December 20, 2018 – Decided March 18, 2019

Before Judges Simonelli and DeAlmeida.

On appeal from Superior Court of New Jersey, Chancery Division, Bergen County, Docket No. C- 000353-15.

Friedrich & Friedrich, PA, attorneys for appellants (Jay Joseph Friedrich, on the brief).

Phelan Hallinan Diamond & Jones, PC, attorneys for respondent (Sonya Gidumal Chazin, on the brief).

PER CURIAM Plaintiffs Pantelis Demiris and Mara Demiris appeal from the June 12,

2017 order of the Chancery Division granting summary judgment in favor of

defendant Branch Banking & Trust Company (Branch). We affirm.

I.

The following facts are derived from the record. On September 25, 2008,

plaintiffs executed a promissory note to Real Estate Mortgage Network, Inc.

(Real Estate Mortgage) in the amount of $431,375. To secure the note, plaintiffs

executed a mortgage to Mortgage Electronic Registration Systems, Inc., as

nominee for Real Estate Mortgage, encumbering residential property in

Northvale. The mortgage was assigned to Branch on May 27, 2010.

Plaintiffs and Branch executed a loan modification agreement in 2011.

Plaintiffs defaulted on the modified mortgage on December 1, 2012. On

December 23, 2014, Branch sent plaintiffs a notice of intent to foreclose in

accordance with the Fair Foreclosure Act, N.J.S.A. 2A:50-53 to -73. Plaintiffs

did not cure the default. As a result, on August 27, 2015, Branch filed a

foreclosure complaint in the Chancery Division. Plaintiffs filed an answer with

counterclaims on October 28, 2015.

On September 4, 2015, plaintiffs filed a complaint against Branch in the

Law Division, alleging breach of contract, breach of the implied covenant of

A-5170-16T1 2 good faith and fair dealing, negligence, promissory estoppel, and violations of

the Consumer Fraud Act, N.J.S.A. 56:8-1 to -20. Plaintiffs alleged that the

parties entered into a second loan modification agreement in 2014, pursuant to

which plaintiffs made monthly payments until Branch breached the agreement

by rejecting their January 2015 payment. Branch filed an answer denying

plaintiffs' claims. Plaintiffs' Law Division action was consolidated with the

foreclosure matter in the Chancery Division.

On November 28, 2016, plaintiffs moved for summary judgment with

respect to the claims raised in their complaint. They sought to enforce the

alleged 2014 loan modification agreement. Branch opposed the motion and

cross-moved to dismiss the complaint. Branch argued that in January 2014, the

parties entered into a trial loan modification agreement, which expired after

plaintiffs made three required payments. On May 6, 2014, Branch sent plaintiffs

a permanent loan modification agreement requiring the notarized signatures of

plaintiffs and two witnesses. Plaintiffs never signed the document. According

to Branch, after expiration of the 2014 trial loan modification, plaintiffs

continued to make payments, which Branch credited to the outstanding debt on

plaintiffs' mortgage.

A-5170-16T1 3 At oral argument on the motions, plaintiffs' counsel argued that a

representative of Branch agreed orally to modify the terms of the proposed 2014

permanent loan modification agreement by forfeiting Branch's claim to more

than $148,000 of plaintiffs' existing debt, and that Branch acquiesced to the

modified contract by continuing to accept plaintiffs' monthly payments , despite

having no signed agreement.

On June 12, 2017, the trial court issued a detailed written opinion denying

plaintiffs' motion and granting Branch's cross-motion. The court concluded

plaintiffs failed to establish that the parties entered into a permanent loan

modification in 2014. While finding that the parties entered into a trial loan

modification agreement, the court also found that plaintiffs, "through counsel,

refused to sign the tendered permanent loan modification agreement." Thus, the

court concluded

[t]here was no contract for [Branch] to breach, there were no actions that would substantiate a negligence claim, and there is no credible competent evidence to support an unspecific claim that [Branch] has violated the New Jersey Consumer Fraud Act.

....

There is no breach of the duty of good faith and fair dealing by [Branch] because the agreement [Branch] is said to have reneged upon is illusory. There is no meeting of the minds that can be established on the

A-5170-16T1 4 strength of what counsel was told by unnamed representative(s) of [Branch]. Each payment made by [plaintiffs, and] accepted by [Branch], was in fact duly applied to their outstanding obligations to [Branch], as demonstrated by the court-ordered accounting.

This appeal followed. Plaintiffs reiterate their arguments with respect to

the parties having entered into an oral loan modification agreement in 2014.

Plaintiffs also argue that the trial court's factual findings are not supported by

adequate evidence, and contend that Branch failed to counter crucial elements

of plaintiffs' statement of material facts not in dispute. 1

II.

We review the trial court's decision granting summary judgment de novo,

using "the same standard that governs trial courts in reviewing summary

judgment orders." Prudential Prop. & Cas. Ins. Co. v. Boylan, 307 N.J. Super.

162, 167 (App. Div. 1998). Rule 4:46-2(c) provides that a court should grant

summary judgment when "the pleadings, depositions, answers to interrogatories

1 Branch also moved for summary judgment on its foreclosure complaint. Plaintiffs opposed that motion. On June 12, 2017, the trial court entered an order granting Branch's motion, entering default against plaintiffs, and striking their answer and counterclaims. Although plaintiffs included the June 12, 2017 order in the foreclosure matter on their notice of appeal, on September 25, 2017, we entered an order limiting this appeal to the June 12, 2017 order concerning plaintiffs' complaint because a final judgment had not been entered in the foreclosure matter. We offer no opinion with respect to the foreclosure matter. A-5170-16T1 5 and admissions on file, together with the affidavits, if any, show that there is no

genuine issue as to any material fact challenged and that the moving party is

entitled to a judgment or order as a matter of law." "Thus, the movant must

show that there does not exist a 'genuine issue' as to a material fact and not

simply one 'of an insubstantial nature'; a non-movant will be unsuccessful

'merely by pointing to any fact in dispute.'" Prudential, 307 N.J. Super. at 167

(quoting Brill v. Guardian Life Ins. Co. of Am., 142 N.J. 520, 529-30 (1995)).

Self-serving assertions that "[are] unsupported by evidence are

insufficient to create a genuine issue of material fact." Miller v. Bank of Am.

Home Loan Servicing, L.P., 439 N.J. Super. 540, 551 (App. Div. 2015).

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

Related

Hoffman v. Asseenontv. Com, Inc.
962 A.2d 532 (New Jersey Superior Court App Division, 2009)
Brill v. Guardian Life Insurance Co. of America
666 A.2d 146 (Supreme Court of New Jersey, 1995)
Paul and Barbara Miller v. Bank of America Home Loan Servicing, L.P.
110 A.3d 137 (New Jersey Superior Court App Division, 2015)
Prudential Property & Casualty Insurance v. Boylan
704 A.2d 597 (New Jersey Superior Court App Division, 1998)
Merchants Express Money Order Co. v. Sun National Bank
866 A.2d 189 (New Jersey Superior Court App Division, 2005)

Cite This Page — Counsel Stack

Bluebook (online)
PANTELIS DEMIRIS VS. BRANCH BANKING & TRUST COMPANY (C-000353-15, BERGEN COUNTY AND STATEWIDE), Counsel Stack Legal Research, https://law.counselstack.com/opinion/pantelis-demiris-vs-branch-banking-trust-company-c-000353-15-bergen-njsuperctappdiv-2019.