The Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB v. Ronald A. Gosset

CourtSupreme Court of Rhode Island
DecidedJanuary 30, 2024
Docket22-353
StatusPublished

This text of The Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB v. Ronald A. Gosset (The Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB v. Ronald A. Gosset) is published on Counsel Stack Legal Research, covering Supreme Court of Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
The Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB v. Ronald A. Gosset, (R.I. 2024).

Opinion

Supreme Court

No. 2022-353-Appeal. (PM 19-102) The Bank of New York Mellon f/k/a : The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB

v. :

Ronald A. Gosset et al. :

NOTICE: This opinion is subject to formal revision before publication in the Rhode Island Reporter. Readers are requested to notify the Opinion Analyst, Supreme Court of Rhode Island, 250 Benefit Street, Providence, Rhode Island 02903, at Telephone (401) 222-3258 or Email opinionanalyst@courts.ri.gov, of any typographical or other formal errors in order that corrections may be made before the opinion is published. Supreme Court

No. 2022-353-Appeal. (PM 19-102) The Bank of New York Mellon f/k/a : The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB

Present: Suttell, C.J., Goldberg, Robinson, and Long, JJ.

OPINION

Chief Justice Suttell, for the Court. The defendants, Mellissa Gosset and

Verity Gosset,1 appeal from a Superior Court judgment in favor of the plaintiff, The

Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the

certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage

Pass-Through Certificates, Series 2006-31CB.2 The Superior Court granted the

plaintiff’s motion for summary judgment and for leave to conduct a foreclosure sale

on a property encumbered by a mortgage that the defendants signed with their father,

Ronald A. Gosset, who died before the plaintiff’s motion was filed. This case came

1 Two spellings of the defendant Mellissa Gosset’s first name appear in the record. We use the spelling that appears in the defendants’ prebriefing statement. 2 Two additional defendants named in the complaint, Stewart Title Guaranty Company and Oliphant Financial Corp., are not involved in this appeal.

-1- before the Supreme Court pursuant to an order directing the parties to appear and

show cause why the issues raised in this appeal should not be summarily decided.

After considering the parties’ written and oral submissions and reviewing the record,

we conclude that cause has not been shown and that this case may be decided without

further briefing or argument. For the reasons set forth in this opinion, we affirm the

judgment of the Superior Court.

I

Facts and Travel

In August 2006, Ronald A. Gosset signed a promissory note for $275,000,

plus interest, in exchange for a loan. As security for the note, he granted a mortgage

on his property at 42 Sherman Street, Newport, Rhode Island, which he owned as a

joint tenant with his daughters, Mellissa Gosset and Verity Gosset. Mellissa and

Verity3 also signed the mortgage and, like their father, are designated as “Borrowers”

under its terms. The daughters did not, however, sign the underlying note. Section

13 of the mortgage provides, in relevant part, that

“any Borrower who co-signs this Security Instrument but does not execute the Note (a ‘co-signer’): (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer’s interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other

3 To avoid confusion, we refer to the members of the Gosset family by their first names. No disrespect is intended.

-2- Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer’s consent.”

In 2014, Verity transferred her interest in the property to her father and sister, both

of whom remained joint tenants with rights of survivorship until Ronald’s death in

May 2021.

The plaintiff was assigned the mortgage in 2012 and, in 2019, filed a

complaint in Providence County Superior Court alleging that all three Gossets had

defaulted on the note and mortgage. According to the complaint, the Gossets had

been in continuous default since July 2017 and, as of December 2018, owed plaintiff

$454,626.87. The plaintiff therefore asked the Superior Court to authorize a

foreclosure sale and “Enter Judgment in favor of Plaintiff for the sums due and

owing from [the Gossets] in connection with the Note and the Mortgage * * *.”

The defendants denied plaintiff’s allegations, and the case languished until

March 2022, when plaintiff filed a motion for summary judgment and for leave to

conduct a foreclosure sale. In its supporting memorandum, plaintiff alleged once

again that all three Gossets had defaulted on the note and mortgage by failing to

make “principal and interest payments as required by the terms of the Note” and, as

of December 2018, owed plaintiff $454,626.87. In response, defendants filed a

motion to stay proceedings and an opposition to plaintiff’s motion for summary

judgment. The motion to stay proceedings included a suggestion of death on the

-3- record, which provided notice that Ronald had died on May 28, 2021, and it

requested a stay of proceedings until a representative of his estate filed a motion for

substitution pursuant to Rule 25(a)(1) of the Superior Court Rules of Civil

Procedure. In their opposition to summary judgment, which was filed two months

after the motion to stay proceedings, defendants Mellissa and Verity argued that

plaintiff was not entitled to judgment as a matter of law because neither defendant

had signed the note. “As such,” defendants claimed, “neither Mel[l]issa Gosset nor

Verity Gosset are in default since they have no contractual or financial obligations

owed to the Plaintiff.” Furthermore, because the one defendant who signed the note,

Ronald, was deceased, defendants contended that a “proper claim [could not be]

asserted against his estate” until a substitution of the parties had taken place.

The Superior Court heard the parties’ motions on August 17, 2022. During

the hearing, defendants Mellissa and Verity repeated their argument that neither was

in default, nor subject to a monetary judgment, because neither had signed the note.

As for the claims against their father, “to the extent that he has defenses,” defendants

argued, “that defense would have to be asserted by an administrator or by a

fiduciary.” Contrary to the arguments made in its complaint and supporting

memorandum, plaintiff claimed during the hearing that the living defendants’

alleged default was not on the note, but only on the mortgage. “Mr. Gosset is on the

Note,” plaintiff said, “but as to the Mortgage, if payments are not made, you[ are]

-4- also in default of the Mortgage.” The plaintiff further argued that Ronald’s death

did not change “the nature of the default and the ability to exercise the public sale.”

In his bench decision, the hearing justice said that “plaintiff has presented

uncontested evidence demonstrating that defendants are currently in default of the

Mortgage.” To prevent summary judgment, the hearing justice explained,

“defendants would have had to prove by competent evidence the existence of a

disputed issue of material fact.” And here, where “the critical issue to be decided is

whether the defendants defaulted on the Mortgage,” the hearing justice noted that

“[t]he undisputed facts and evidence demonstrate that the Mortgage was defaulted

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The Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the certificateholders of CWALT, Inc., Alternative Loan Trust 2006-31CB, Mortgage Pass-Through Certificates, Series 2006-31CB v. Ronald A. Gosset, Counsel Stack Legal Research, https://law.counselstack.com/opinion/the-bank-of-new-york-mellon-fka-the-bank-of-new-york-as-trustee-for-the-ri-2024.