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DEFENDANTS OPPOSITION TO SUMMARY JUDGMENT

DEFENDANTS OPPOSITION TO SUMMARY JUDGMENT

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Published by mortgageabuse6970
The assignment of mortgage was executed almost five years too late.
The assignment of mortgage was executed almost five years too late.

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Categories:Business/Law
Published by: mortgageabuse6970 on Jan 17, 2013
Copyright:Attribution Non-commercial

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11/18/2013

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l.,
JUDGEAMYCORRIGALLJONESCaseNo.2011
084500
DEFENDANTS
GLENN
ANDANN
HOLDEN'SOPPOSITIONTO
SUMMARY
JUDGMENT
I
r'-'
"
l I r · F " ' · · - · \ ~ 1
'
D , , " · . , l . . ~ .
hi.
:
'v
,,''''-'IN
THECOURT
OF
COMMON
PLEASSUMMITCOUNTY,
OHIO
v.
GLENN
E.
HOLDEN,
etaI.,Defendants.
ZGI3J:.:!-I,
Pi;
3:05
DEUTSCHE
BANK
NATIONALTRUST
)
C O M P A ~ , ¥ : A $ ; ' > t I ! Q S T j t ' t
FOR
)
~ ~ ~ ~ ~ g ~ ~ ~ ~ ~ ~ g ~ ~ : ~ ~ : ~ A T E S ,
j
SERIES
2005-4,
C/OCHASEMANHA
TT
AN)
MORTGAGE
COMPANY
)Plaintiff,))
)
)
)
)NOWCOMESDefendantsGlennandAnnHolden,byandthroughcounsel,andoppose
Plaintiffs
motionforsummaryjudgmentonthegroundsthatthePlaintiffdidnothavestandingtoinvokethejurisdiction
of
thecommonpleascourtundertheSupremeCourt
of
Ohio'srecentdecisionin
Fed.HomeLoanMtge.Corp.
v.
Schwartzwald,
SlipOpinionNo.2012-0hio-5017becausethenoteattachedtothecomplaintasExhibitAwaspayabletoNovastarMortgage,Inc.
SeeComplaint,ExhibitA.
In
Schwartzwald
theSupremeCourt
of
Ohioheldthat"Itisfundamentalthatapartycommencinglitigationmusthavestandingtosueinordertopresentajusticiablecontroversyandinvokethejurisdiction
of
thecommonpleascourt.Civ.R.17(A)doesnotchangethisprinciple,andalack
of
standingattheoutsetoflitigationcannotbecuredbyreceipt
of
anassignment
of
theclaimorbysubstitution
of
therealpartyininterest.
Fed.HomeLoanMtge.Corp.
v.
Schwartzwald,
SlipOpinionNo.2012-0hio-5017,
~
41.ThenoteattachedtothecomplaintdemonstratesthatthePlaintiffdidnothavestandingtofileacomplaintagainstDefendantsGlennandAnnHolden.ThenoteispayabletoNovastarMortgage,Inc.anddoesnotcontainanyindorsement.SeeComplaint,ExhibitA.ThePlaintiffin
 
,
thiscaseisDeutscheBankNationalTrustCompany,asTrusteeforSoundviewHomeLoanTrust2005-4,Asset-BackedCertificates,Series2005-4.Plaintiffisattemptingtoforecloseonbehalf
of
atrustthatdoeshavealegalrighttoenforceDefendantsGlennandAnnHolden'snoteandmortgage.TheSupremeCourt
of
Ohioheldthatinvokingthejurisdiction
of
thecourt"dependsonthestate
of
thingsatthetime
of
theactionbrought...demonstrationthattheoriginalallegationswerefalsewilldefeatjurisdiction."
Fed.HomeLoanMtge.Corp.
v.
Schwartzwald,
SlipOpinionNo.2012-0hio-5017,
~
25.Plaintiffallegedthatiswasentitledtoenforcethenote,butapersonmusthavepossession
of
thenoteinordertobeentitledtoenforce.ThenoteattachedtothecomplaintwasnotindorsedsothetheextentthatPlaintiffclaimsadifferentnoteisaccuratethatisajudicialadmissionthatPlaintiffwasnotinpossession
of
thenoteandnotentitledtoenforcethenoteatthetimethecomplaintwasfiled.Plaintiffsallegationswerefalse."Thelack
of
standingatthecommencement
of
aforeclosureactionrequiresdismissal
of
thecomplaint."
Schwartzwald,
20l2-0hio-5017,
~
40.Plaintiffisnotentitledtojudgmentasamatter
of
lawand
Plaintiffs
motionforsummaryjudgmentmustbedenied.TheexhibitsattachedtotheComplaintaredeficientunderOhiolawandfailtoprovidePlaintiffDeutscheBankNationalTrustCompany,asTrusteeforSoundviewHomeLoanTrust2005-4,Asset-BackedCertificates,Series2005-4(hereinafter"DeutscheBankasTrustee")withstandingtoforeclose.GlennHolden'spromissoryispayabletoNovastarMortgage,Incandthereisnoindorsementonthenote.
SeeComplaint,ExhibitA.
Plaintiffneverfiledanamendedcomplaint.PlaintiffisnotentitledtosummaryjudgmentonPlaintiffsclaimforforeclosureandontheHoldens'counterclaimsbecausethenoteattachedtothecomplaintdidnottransferaninteresttothePlaintiff.ThemorePlaintiffproteststhatthenoteattachedtothecomplaintwas
 
notaccurate,themorePlaintiffdemonstratesitsliabilityfortheDefendants'counterclaimsforviolations
of
theFairDebtCollectionPracticesAct,Invasion
of
Privacy,OhioConsumerSalesPracticesAct,andFraud.
LEGAL
STANDARD
UNDERCIVILRULE
56"Summaryjudgmentshallberenderedforthwith
if
thepleadings,depositions,answerstointerrogatories,writtenadmissions,affidavits,transcripts
of
evidence,andwrittenstipulations
of
fact,
if
any,timelyfiledintheaction,showthatthereisnogenuineissueastoanymaterialfactandthatthemovingpartyisentitledtojudgmentasamatter
of
law."Civ.
R.
56(C)."[T]hemovingpartybearstheinitialresponsibility
of
informingthetrialcourt
of
thebasisforthemotion,
andidentifyingthoseportions
of
therecordwhichdemonstratetheabsence
of
agenuineissue
of
factonamaterialelement
of
thenonmovingparty'sclaim."
(Emphasisinoriginal.)
Dresher
v.
Burt
(1996),75Ohio
SUd
280,296,662N.E.2d264.
PLAINTIFF
DEUTSCHEBANK
AS
TRUSTEE
IS
NOTENTITLED
TO
JUDGMENT
ASA
MATTER
OF
LAW
BECAUSE
THE
NOTE
WAS
NEVERPROPERLYNEGOTIATED
TO
PLAINTIFF
TheoriginallenderwasNovastarMortgage,Inc.
SeeComplaint,ExhibitA.
Thereisnoindorsementonthenoteattachedtothecomplaint.Plaintiff,demonstratedbyitsownpleadings,wasnottheholder
of
GlennandAnnHolden'snoteandhasneverbeentheholder
of
thenote.TheSupremeCourt
of
Ohioheldthatinvokingthejurisdiction
of
thecourt"dependsonthestate
of
thingsatthetime
of
theactionbrought...demonstrationthattheoriginalallegationswerefalsewilldefeatjurisdiction."
Fed
HomeLoanMtge.Corp.
v.
Schwartzwald,
SlipOpinionNo.
20l2-0hio-50l7,
~
25.Inaddition,duetothefailure
of
thePlaintiffandtheallegedpredecessorowners
of
thenotetostrictlycomplywiththePoolingandServicingAgreementthatgovernsthetrust,any

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