The Bank of New York Mellon v. Pearson

CourtSuperior Court of Delaware
DecidedMarch 5, 2024
DocketN16L-08-119 DJB
StatusPublished

This text of The Bank of New York Mellon v. Pearson (The Bank of New York Mellon v. Pearson) is published on Counsel Stack Legal Research, covering Superior Court of Delaware 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 v. Pearson, (Del. Ct. App. 2024).

Opinion

IN THE SUPERIOR COURT OF THE STATE OF DELAWARE

THE BANK OF NEW YORK MELLON ) F/K/A THE BANK OF NEW YORK, AS ) TRUSTEE (CWABs 2006-SD2 ) ) Plaintiff, ) ) v. ) C.A. No. N16L-08-119 DJB ) JEFFRY S. PEARSON ) THE UNITED STATES OF AMERICA ) Defendant. )

Submitted: March 4, 2024 Decided: March 5, 2024

Upon Defendant’s Motion to Stay the Sheriff’s Sale - DENIED

ORDER

This is a mortgage foreclosure case that has a long history of litigation.

Defendant Jeffry Pearson (“Defendant”) filed this motion to stay the scheduled

Sheriff’s Sale, currently scheduled for March 12, 2024, and to void the Plaintiff’s

mortgage on the subject property, on March 4, 2024.1 Given the emergent nature of

the request, the Court requested a response from Plaintiff The Bank of New York

Mellon (“Plaintiff”) on or before March 6, 2024. Plaintiff’s response was filed on

March 5, 2024.2 Upon consideration of the Motion, Plaintiff’s response in

opposition, the Superior Court Civil Rules, the facts, arguments, and authorities set

1 Bank of New York, Mellon FKA Bank of New York, as Trustee (CWABS 2006- SD2) v. Jeffry S. Pearson, No. N16L-08-119 DJB; D.I. 45. 2 D.I. 48. forth by the parties, statutory and decisional law, and the entire record in this case,

including prior decisions issued by this Court in this litigation; the Court hereby

finds as follows:

1. On October 25, 2005, Defendant executed a mortgage (“Mortgage”) on

a property located at 806 North Madison Street, Wilmington, Delaware 19801

(“Property”) to Best Rate Funding Corp. (“Best Rate”). 3 Pursuant to the Mortgage,

Defendant is the “Borrower” and Best Rate is the “Lender.”4 The Mortgage includes

various definitions and defines “Note” to mean “the promissory note signed by

Borrower and dated October 25, 2005. The Note states that Borrower owes Lender

NINETY-SEVEN THOUSAND FIVE HUNDRED AND 00/100 Dollars

[$97,500.00].”5

2. As is routinely done with mortgages, Best Rate subsequently assigned

its entire interest in the Mortgage to The Bank of New York, as Trustee for benefits

of The Note Holders CWABS, Inc. Asset-Backed Notes, Series 2006-SDR, which

in turn assigned its interest to Plaintiff.6

3. When Defendant failed to pay the monthly installments on the

Mortgage when due, Plaintiff filed a Scire Facias Sur mortgage foreclosure

3 Pl.’s Compl., Aug. 21, 2016, Ex. A., at 2. 4 Id. 5 Id. 6 See id. at 23-28. 2 complaint on August 21, 2016, seeking the principal sum remaining on the Mortgage

($95,172.39), in addition to interest, late charges, and legal fees.7 Defendant

answered the complaint on March 22, 2017.8 Mediation was scheduled for both

March 15, 2017, and May 17, 2017. Defendant failed to appear at the May 17

conference and a Final Mediation Record was filed on May 18, 2017, indicating

Defendant’s non-appearance and that the foreclosure action could proceed.9

4. As mentioned above, this case has a long history. Following mediation,

Plaintiff moved to enlarge the time for service,10 as Defendant challenged proper

service in his Answer to the Complaint.11 After considering the response in

opposition of Defendant, oral argument on the motion, and the complete record in

this case, Plaintiff’s motion was granted; the service made upon Defendant as of

January 17, 2017, was deemed perfected.12

5. Defendant thereafter moved for Certification for an Interlocutory

Appeal of the Court’s Order to the Delaware Supreme Court.13 Certification was

7 D.I. 1, 5. 8 D.I. 13. 9 D.I. 15. 10 D.I. 17. 11 D.I. 13. 12 D.I. 25. 13 D.I. 26. 3 denied by Order of this Court on November 1, 2017.14 Plaintiff then moved for

summary judgment.15 Defendant responded in opposition.16

6. In granting the motion for summary judgment in favor of Plaintiff, this

Court found:

…it is undisputed that Plaintiff has standing to bring this mortgage foreclosure action. Plaintiff is a valid assignee of the Mortgage. Under Shrewsbury Plaintiff must also “be a party entitled to enforce the obligation … which the mortgage secures in order to foreclose on the mortgage.” In other words, Plaintiff must be entitled to enforce the underlying Note in order to foreclose on the Mortgage. The Note in this case has an allonge to Countrywide Bank, N.A., an endorsement to Countrywide Home Loans, Inc., and a blank endorsement.17 Pursuant to the blank endorsement, Plaintiff is entitled to enforce the Note as a holder of the Note.18

[]In addition, Defendant failed to raise any of the limited defenses available in a mortgage foreclosure action.

[]As a result, Plaintiff is entitled to summary judgment. Defendant does not dispute that he is in default of the Mortgage and did not plead any of the available defenses. In addition, Defendant failed to establish that there are any material facts in dispute. Plaintiff is the valid assignee of the Mortgage and is entitled to enforce the underlying Note. As a result, Plaintiff’s motion for summary judgment must be granted.

NOW, THEREFORE, this 19th day of December, 2017, Plaintiff’s Motion for Summary Judgment is hereby GRANTED and

14 D.I. 29. 15 D.I. 32. 16 D.I. 36. 17 See Pl.’s Mot. for Summ. J., Ex. D, at 6. 18 See 6 Del. C. § 3-301; 6 Del. C. § 3-205. 4 JUDGMENT is entered in favor of Plaintiff The Bank of New York Mellon and against Defendant. 19

7. Following the summary judgment grant, the Sheriff’s Sale originally

set for March 12, 2018, was stayed due to Defendant’s pending bankruptcy

proceedings.20 On December 28, 2023, a writ of Levari Facias was filed by Plaintiff

to recover the $249,680.60 owed on the property.21 The Writ was issued on January

16, 2024.22

8. Sheriff’s sale has been since scheduled for March 12, 2024.

Defendant’s instant motion to stay reargues many of the affirmative defenses raised

in his Answer and addressed by this Court in its grant of summary judgment.

Namely, Defendant challenges Plaintiff’s standing to assert these proceedings,

Defendant claims he has only a 50% interest in this property and presents a statute

of limitation defense.23 In addition, Defendant argues there was egregious delay, he

disputes the findings of bankruptcy court, and argues he was given insufficient

notice of the relisting of the property for this sale.24

19 Bank of New York, Mellon v. Pearson, 2017 WL 6496443 at *3, Rocanelli, J. ORDER (Del. Super. Dec. 19, 2017) (internal citations omitted). 20 D.I. 42. 21 D.I. 43. 22 D.I. 44. 23 D.I. 45. 24 Id. 5 9. With respect to the claims he raised, those have all been decided in

Plaintiff’s favor during the summary judgment stage. The law of the case doctrine

applies here, and these claims cannot be relitigated now.25

10. With respect to Defendant’s remaining claims, this Sheriff’s sale stems

from a scire facias sur mortgage action, which is “an in rem proceeding used to

foreclose on a mortgage.”26 Therefore, as mentioned throughout this litigation, there

are a limited number of defenses available to Defendant.27 The only defenses

available in a mortgage foreclosure action are: “payment of the ‘mortgage money,’

satisfaction or a plea in avoidance of the mortgage.”28

11. Defendant did not plead any of the limited defenses available in a

mortgage foreclosure action in his Answer, nor does he aver them now in the instant

motion. Plaintiff again disputes the allegations raised with respect to the possession

of the original Note. The Note was attached to and considered by this Court in

granting the summary judgment motion.

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Related

Kenton v. Kenton
571 A.2d 778 (Supreme Court of Delaware, 1990)
Shrewsbury v. The Bank of New York Mellon
160 A.3d 471 (Supreme Court of Delaware, 2017)

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