Hayes

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 21ST MORTGAGE CORPORATION, Case No. 3:23-cv-04514-JSC

Appellant

ORDER RE: BANKRUPTY APPEAL

v.

THE HAYES, Appellees

12 21st Mortgage Corporation (“21st Mortgage”) appeals a bankruptcy court’s Order Setting Standard for Valuation. (Dkt. No. 12-1 at 228-230.) The Valuation found 21st Mortgage’s interest in the debtors’ mobilehome2 was limited to the mobilehome’s “box value,” rather than its “in-place value,” which would include “any value attributable to the manufactured home’s location” in the Mountain Shadows Community Park in San Jose, California. (Dkt. No. 1.) Having carefully considered the briefing, and with the benefit of oral argument on May 2, 2024, the Court AFFIRMS the bankruptcy court’s order. According to the agreement between 21st Mortgage and the Hayes, 21st Mortgage had a “security interest in: The Manufactured Home, which will be located at 631 Shadow Creek Dr, San Jose, CA 95136.” (Dkt. No. 12-1 at 162.) 22 1 Record citations are to material in the…