Abdosh v. Ocwen Loan Servicing, LLC, Civil No. PJM 14-2916

ABDELLA AHMED ABDOSH, ET AL. Debtor-Appellants v. OCWEN LOAN SERVICING, LLC, ET AL. Appellees

Civil No. PJM 14-2916

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

July 30, 2015

MEMORANDUM OPINION

This case is on appeal from an order of the United States Bankruptcy Court for this District. See In re Abdosh, 13-29298PM (Bankr. D. Md. Sept. 21, 2012); Abdosh et al. v. Ocwen Loan Servicing, LLC et al., 14-190PM (Bankr. D. Md. Mar. 27, 2013). Debtor-Appellants Abdella Ahmed Abdosh and Djuweria Mohammed Abdulahi sought a declaratory ruling that, under a Chapter 13 plan, the mortgage on their primary residence could be bifurcated into a secured claim up to the appraised value of the residence (i.e. $58,000) and an unsecured claim on the remaining balance owing on the mortgage (i.e. $78,000). The Debtor-Appellants argued, for various reasons, that 11 U.S.C. § 1322(b)(2) does not prohibit such a modification. After hearing oral argument on July 24, 2014, the Bankruptcy Court held that the Debtor-Appellants were not entitled to the bifurcation sought, and granted the motion to dismiss by Order entered July 31, 2014. This appeal followed.

This Court has reviewed the parties' briefs, the Order, the transcript of oral argument, and the record. Conclusions of law are reviewed de novo; findings of fact are reviewed for clear

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error. There is no need to re-visit in detail this clear legal issue. The Court adopts the reasoning of the Bankruptcy Court, as well as the reasoning of Judge Hazel as set forth in Akwa v. Residential Credit Solutions, Inc., 530 B.R. 309 (D. Md. 2015) and the reasoning of Judge Grimm as set forth in Birmingham v. PNC Bank, N.A., Inc., 2015 WL 4111645 (D. Md. July 7, 2015).

For the foregoing reasons, the decision of the Bankruptcy Court is AFFIRMED. The appeal is DISMISSED.

A separate Order...