U.S. Bank National Ass'n v. GreenPoint Mortgage Funding, Inc.

Appellate Division of the Supreme Court of New York

U.S. Bank National Ass'n v. GreenPoint Mortgage Funding, Inc.

2017 NY Slip Op 7696, 155 A.D.3d 424, 62 N.Y.S.3d 809

Procedural entryThis page is a short order in U.S. Bank National Ass'n v. GreenPoint Mortgage Funding, Inc.. Read the opinion of the Court — 147 A.D.3d 79 →

Appellate Division of the Supreme Court of the State of New York·Decided November 2, 2017·No. 4892N 600352/09·Published

Opinion

Order, Supreme Court, New York County (Marcy S. Friedman, J.), entered April 28, 2017, which denied defendant’s motion to reverse the order of a special referee, dated December 2, 2016, denying its motion to compel production of documents by nonparty respondent Syncora Guarantee, Inc., unanimously affirmed, with costs.

This is a residential mortgage-backed securities put-back action in which the trustee seeks to enforce its contractual rights of repurchase of the mortgage loans in the trust. Nonparty respondent Syncora is the issuer of a financial guaranty policy for a certain class of notes in the trust. Any losses it sustained, or efforts it made to mitigate damages, are not relevant to the trust’s claims.

We have considered the defendant’s remaining contentions and find them unavailing.

Concur—Tom, J.P, Renwick, Maz-zarelli, Oing and Singh, JJ.

Free access — add to your briefcase to read the full text and ask questions with AI

Order, Supreme Court, New York County (Marcy S. Friedman, J.), entered April 28, 2017, which denied defendant’s motion to reverse the order of a special referee, dated December 2, 2016, denying its motion to compel production of documents by nonparty respondent Syncora Guarantee, Inc., unanimously affirmed, with costs.

This is a residential mortgage-backed securities put-back action in which the trustee seeks to enforce its contractual rights of repurchase of the mortgage loans in the trust. Nonparty respondent Syncora is the issuer of a financial guaranty policy for a certain class of notes in the trust. Any losses it sustained, or efforts it made to mitigate damages, are not relevant to the trust’s claims.

We have considered the defendant’s remaining contentions and find them unavailing.

Concur—Tom, J.P, Renwick, Maz-zarelli, Oing and Singh, JJ.

U.S. Bank National Ass'n v. GreenPoint Mortgage Funding, Inc., 2017 NY Slip Op 7696, 155 A.D.3d 424, 62 N.Y.S.3d 809 (N.Y. Ct. App. 2017).

Pincite

2017 NY Slip Op 7696 (U.S. Bank National Ass'n v. GreenPoint Mortgage Funding, Inc.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.