Cases

FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDER JED S. RAKOFF, District Judge. Plaintiff Assured Guaranty Municipal Corporation (“Assured”)1 alleges that defendants Flagstar Bank, FSB; Flagstar Capital Markets Corporation; and Flags-tar ABS, LLC (collectively, “Flagstar”) breached a series of contracts that provided financial guaranty insurance against certain defaults affecti

MEMORANDUM JED S. RAKOFF, District Judge. Plaintiff Assured Guaranty Municipal Corporation (“Assured”)1 brings this ac*599tion alleging that defendants Flagstar Bank, FSB; Flagstar Capital Markets Corporation; and Flagstar ABS, LLC (collectively, “Flagstar”) breached a series of contracts between the parties rela

III. DISCUSSION Rule 26(b)(1) generally entitles parties to "discovery regarding any nonprivileged matter that is relevant ... and proportional to the needs of the case, considering the importance of the issues as stake in the action ... and whether the burden or expense of the proposed discovery outweighs its likely benefit." Fed. R. Civ. P. 26(b)(1). Although not couched in terms of Rule 26, Roya

Ambac Assur. Corp. v Countrywide Home Loans Inc. (2020 NY Slip Op 00367) Ambac Assur. Corp. v Countrywide Home Loans Inc. 2020 NY Slip Op 00367 Decided on January 16, 2020 Appellate Division, First Department Published

Ambac Assur. Corp. v Countrywide Home Loans Inc. (2019 NY Slip Op 06570) Ambac Assur. Corp. v Countrywide Home Loans Inc. 2019 NY Slip Op 06570 Decided on September 17, 2019 Appellate Division, First Department Publishe

Ambac Assur. Corp. v Countrywide Home Loans Inc. (2019 NY Slip Op 06570) Ambac Assur. Corp. v Countrywide Home Loans Inc. 2019 NY Slip Op 06570 Decided on September 17, 2019 Appellate Division, First Department Publishe

*1025ORDER GRANTING IN PART AND DENYING IN PART DEFENDANTS’ MOTIONS TO EXCLUDE THE PROFFERED EXPERT REPORTS OF CHARLES D. COWAN AND RICHARD K. GREEN MARIANA R. PFAELZER, District Judge. I. INTRODUCTION Defendants move to exclude as inadmissible seven expert reports submitted by Plaintiffs regarding a proposed sampling methodolo

OPINION AND ORDER JESSE M. FURMAN, District Judge: The United States brings this civil fraud action against Defendant Wells Fargo *599Bank, N.A. (“Wells Fargo” or the “Bank”), alleging that the Bank engaged in misconduct in originating and underwriting government-insured home mortgage loans. The Government seeks damages and civil penalti

MBIA Insurance Corporation, Plaintiff, againstCredit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing, Inc., Defendants. 603751/2009 For Plaintiff:Patterson Belknap Webb & Tyler LLP and Kasowitz, Benson, Torres &

OPINION & ORDER ALISON J. NATHAN, District Judge. Before the Court are four motions to dismiss filed by Defendant DB Structured Products, Inc. (“DBSP”) in four separate breach-of-contract actions brought by HSBC Bank USA, National Association (“Plaintiff’ or the “Trustee”) on behalf of four residential mortgage securitization trusts for which Plaintiff serves as trustee (the “Trusts”). In e

OPINION SWEET, District Judge. Defendant DB Structured Products, Inc. (“DBSP”) moves pursuant to Rule 12(b)(6) to dismiss the First Amended Complaint (“FAG”) filed by Plaintiff HSBC Bank USA (“HSBC” or “Plaintiff’). For the reasons set forth below, Defendants’ Motion to Dismiss is granted in part and denied in part. I. PRIOR PROCEEDINGS Plaintiff

KATHERINE B. FORREST, District Judge: *488This is one of a number of cases concerning residential mortgage-backed securitization trusts created in the lead-up to the financial crisis of 2007. Deutsche Bank National Trust Co. ("Deutsche Bank" or "plaintiff"), in its capacity as Trustee for the Morgan Stanley Structured Trust I 2007-1 ("MSST 2007

Memorandum Opinion And Order LAURA TAYLOR SWAIN, District Judge. Plaintiff Deutsche Bank National Trust Company (“Trustee” or “Plaintiff’), in its *550capacity as Trustee for the Morgan Stanley Structured Trust I 2007-1 (the “Trust”), brings this action against Defendant Morgan Stanley Mortgage Capital Holdings LLC (“MSMC” or “Defendant”

DEBRA ANN LIVINGSTON, Circuit Judge: These interlocutory appeals require us to resolve two questions that have recurred in recent eases involving residential mortgage-backed securities (“RMBS”), but that this Court has not yet had occasion to address. The first question is whether, under our decision in NECA-IBEW Health & Welfare Fund v. Goldman Sachs & Co., 693 F.3d 145 (2d Cir.2012), cert. denied,

*1108AMENDED MEMORANDUM OPINION AND ORDER JOHN R. TUNHEIM, District Judge. Each of these cases arises from a mortgage-backed securities trust with U.S. Bank National Association (“Trustee”) as the trustee. WMC Mortgage, LLC (“WMC”) and EquiFirst Corporation (“EquiFirst”) are mortgage originators that sold mortgages to a trust managed by the Traste

Home Equity Mtge. Trust Series 2006-1 v DLJ Mtge. Capital, Inc. (2019 NY Slip Op 06576) Home Equity Mtge. Trust Series 2006-1 v DLJ Mtge. Capital, Inc. 2019 NY Slip Op 06576 Decided on September 17, 2019 Appellate Division, First Department

Wilmington Trust v MC-Five Mile Commercial Mtge. Fin. LLC (2019 NY Slip Op 02988) Wilmington Trust v MC-Five Mile Commercial Mtge. Fin. LLC 2019 NY Slip Op 02988 Decided on April 23, 2019 Appellate Division, First Department

Order, Supreme Court, New York County (Eileen Bransten, J.), entered January 3, 2012, which granted plaintiff MBIA Insurance Corporation’s motion for partial summary judgment to the extent of concluding that: (1) pursuant to Insurance Law §§ 3105 and 3106, plaintiff was not required to establish causation in order to prevail on its fraud and breach of contract claims; and (2) plaintiff was entitled to rescissory damages; and denied the motion to the extent i

Order, Supreme Court, New York County (Eileen Bransten, J.), entered January 3, 2012, which granted plaintiff MBIA Insurance Corporation’s motion for partial summary judgment to the extent of concluding that: (1) pursuant to Insurance Law §§ 3105 and 3106, plaintiff was not required to establish causation in order to prevail on its fraud and breach of contract claims; and (2) plaintiff was entitled to rescissory damages; and denied the motion to the extent i

Financial Guaranty Insurance Company, Plaintiff, againstMorgan Stanley ABS Capital I Inc. and MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS LLC, as successor to MORGAN STANLEY MORTGAGE CAPITAL INC., Defendants. 652853/2014 Counsel for plaintiff Financial Guaranty I