Wilmington Trust v. Tamayose

CourtHawaii Intermediate Court of Appeals
DecidedApril 9, 2024
DocketCAAP-19-0000770
StatusPublished

This text of Wilmington Trust v. Tamayose (Wilmington Trust v. Tamayose) is published on Counsel Stack Legal Research, covering Hawaii Intermediate Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wilmington Trust v. Tamayose, (hawapp 2024).

Opinion

NOT FOR PUBLICATION IN WEST'S HAWAI#I REPORTS AND PACIFIC REPORTER

Electronically Filed Intermediate Court of Appeals CAAP-XX-XXXXXXX 09-APR-2024 07:50 AM Dkt. 82 SO

NO. CAAP-XX-XXXXXXX

IN THE INTERMEDIATE COURT OF APPEALS OF THE STATE OF HAWAI#I

WILMINGTON TRUST, NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR MFRA TRUST 2015-1, Plaintiff-Appellee, v. REID I. TAMAYOSE; NADINE K. TAMAYOSE, Defendants-Appellants, and CADERLOCK JOINT VENTURE, L.P.; ADVANTAGE ASSETS II, INC.; RENEY ANN K.M. CHING; CACH, LLC, Defendants-Appellees, and JOHN AND MARY DOES 1-20; DOE PARTNERSHIPS, CORPORATIONS OR OTHER ENTITIES 1-20, Defendants

APPEAL FROM THE CIRCUIT COURT OF THE FIFTH CIRCUIT (CASE NO. 5CC121000044)

SUMMARY DISPOSITION ORDER (By: Leonard, Acting Chief Judge, Nakasone and McCullen, JJ.)

Defendants-Appellants Reid I. Tamayose and Nadine K.

Tamayose (the Tamayoses) appeal from the October 1, 2019 Judgment

(Judgment) entered against them and in favor of Plaintiff-

Appellee Wilmington Trust, National Association, not in its

Individual Capacity, but Solely as Trustee for MFRA Trust 2015-1

(Wilmington Trust), by the Circuit Court of the Fifth Circuit NOT FOR PUBLICATION IN WEST'S HAWAI#I REPORTS AND PACIFIC REPORTER

(Circuit Court).1 The Tamayoses also challenge the Circuit

Court's October 1, 2019 Findings of Fact, Conclusions of Law, and

Order Granting [Wilmington Trust's] Motion for Summary Judgment

and for Interlocutory Decree of Foreclosure (Foreclosure Decree).

The Tamayoses raise a single point of error, contending

that the Circuit Court erred by granting Wilmington Trust's July

31, 2019 Motion for Summary Judgment and for Interlocutory Decree

of Foreclosure (Summary Judgment Motion) because Wilmington Trust

failed to establish its standing to sue, and failed to meet its prima facie burden of proof.

Upon careful review of the record and the briefs

submitted by the parties, and having given due consideration to

the arguments advanced and the issues raised by the parties, we

resolve the Tamayoses' point of error as follows:

The Circuit Court granted the Summary Judgment Motion

based in part on its finding that Residential Credit Solutions,

Inc. (RCS), which had filed the original Complaint to Foreclose

Mortgage (Complaint) on February 2, 2012, possessed the original

subject blank-indorsed Adjustable Rate Note (Note),2 which was

secured by the subject mortgage (Mortgage). The Circuit Court

found that RCS held the Note and Mortgage at the time it filed

the January 27, 2014 First Amended [Complaint], and on that

basis, the Circuit Court concluded that RCS had standing to file

this foreclosure action. Thus, the Circuit Court further

1 The Honorable Randal G.B. Valenciano presided. 2 An Allonge to Note, which contains an indorsement in blank, is attached to the Note (Allonge).

2 NOT FOR PUBLICATION IN WEST'S HAWAI#I REPORTS AND PACIFIC REPORTER

concluded that Wilmington Trust, as the current holder of the

Note and Mortgage, and the substituted real-party-in-interest,

also had standing.

The Tamayoses contend that Wilmington Trust did not

meet its burden of demonstrating that RCS was in possession of

the blank-indorsed Note at the time the Complaint was filed.

A foreclosing party must demonstrate that all

conditions precedent to foreclosure under the note and mortgage

are satisfied and that all steps required by statute have been strictly complied with to prove entitlement to foreclose. Bank

of Am., N.A. v. Reyes-Toledo, 139 Hawai#i 361, 367, 390 P.3d

1248, 1254 (2017). Typically, this requires that the plaintiff

prove the existence of an agreement, the terms of the agreement,

a default by the mortgagor under the terms of the agreement, and

giving of the cancellation notice. Id. A foreclosing plaintiff

must also prove that the plaintiff is entitled to foreclose the

note and mortgage. Id.

The "burden to prove entitlement to enforce the note

overlaps with the requirements of standing in foreclosure

actions." Id. (quoting Mottl v. Miyahira, 95 Hawai#i 381, 388,

23 P.3d 716, 723 (2001)). Under the doctrine of standing, a

plaintiff typically must have suffered an injury-in-fact to

"justify exercise of the court's remedial powers on his or her

behalf." Id. at 368, 390 P.3d at 1255 (citing Mottl, 95 Hawai#i

at 389, 23 P.3d at 724). For a foreclosing plaintiff, the

injury-in-fact is the mortgagor's "failure to satisfy its

obligation to pay the debt obligation to the note holder." Id.

3 NOT FOR PUBLICATION IN WEST'S HAWAI#I REPORTS AND PACIFIC REPORTER

Thus, a person seeking to judicially foreclose on a mortgage

following a promissory note default must establish that it was

the "person entitled to enforce the note," as defined by Hawaii

Revised Statutes (HRS) § 490:3-301 (2016) at the time the

foreclosure complaint was filed to satisfy standing and to be

entitled to prevail on the merits. Id. at 368-69, 390 P.3d at

1255-56; see also U.S. Bank N.A. v. Mattos, 140 Hawai#i 26, 33,

398 P.3d 615, 622 (2017).

Here, Wilmington Trust relied on the Declaration of Melissa Sequete, which was submitted in support of the Motion for

Summary Judgment (Sequete; Sequete Declaration). Sequete was a

former Assistant Vice President-Director of Special Assets at

RCS, and is the current Vice President at Fay, the loan servicing

agent for Wilmington Trust (Fay). Wilmington Trust contends that

Sequete properly authenticated the blank-indorsed Note, the

Mortgage, a notice of default allegedly sent to the Tamayoses by

RCS in 2008 (Notice of Default), and other business records,

because Sequete had personal knowledge of both RCS and Fay's

record-keeping systems.

The Tamayoses argue that Sequete did not aver to having seen the original blank-indorsed Note, did not otherwise attest

to witnessing the Note being in RCS's possession or how it was

kept by RCS, and that Wilmington Trust offered no business

records or other evidence demonstrating RCS was in possession of

the Note when the Complaint was filed. The Tamayoses further

argue that the business records hearsay exception criteria have

not been satisfied.

4 NOT FOR PUBLICATION IN WEST'S HAWAI#I REPORTS AND PACIFIC REPORTER

Relevant to the issue of RCS's possession of the blank-

indorsed Note, Sequete declared under oath: 10. I was Assistant Vice President-Director of Special Assets of RCS at the time RCS initiated this foreclosure action against Defendants. Accordingly, I have personal knowledge of RCS's business records, including its electronic records and the information relating to the Loan. Based on my personal knowledge of the business records kept by RCS, which were subsequently incorporated into the business records of Fay, RCS was in possession of the original Note at the time the Complaint and First Amended Complaint in this action were filed.

The Sequete Declaration does not assert that she was a

custodian of records for RCS.3 Therefore, the RCS records

attached to her declaration are only admissible under Hawai#i Rules of Evidence (HRE) Rule 803(b)(6) hearsay exception if she

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Related

Mottl v. Miyahira
23 P.3d 716 (Hawaii Supreme Court, 2001)
Bank of America, N.A. v. Reyes-Toledo.
390 P.3d 1248 (Hawaii Supreme Court, 2017)
U.S. Bank N.A. v. Mattos.
398 P.3d 615 (Hawaii Supreme Court, 2017)
Wells Fargo Bank, N.A. v. Behrendt.
414 P.3d 89 (Hawaii Supreme Court, 2018)

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Wilmington Trust v. Tamayose, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wilmington-trust-v-tamayose-hawapp-2024.