Legal Opinion

Bank of New York Mellon v. WMC Mortgage, LLC

New York Supreme Court

Decided September 18, 2015PublishedCited by 5 opinions

1Opinion of the Court

OPINION OF THE COURT

Shirley Werner Kornreich, J.

Motion sequence numbers 001 and 002 are consolidated for disposition.

Defendants WMC Mortgage, LLC (WMC), J.P. Morgan Mortgage Acquisition Corporation (JPMMAC), and J.P. Morgan Chase Bank, N.A. (JPMC Bank, and together with JPMMAC, JPMorgan) move, pursuant to CPLR 3211, to dismiss the complaint. Defendants’ motions are granted for the reasons that follow.

I. Procedural History and Factual Background

This is a residential mortgage backed securities (RMBS) put-back action. Familiarity with this type of case is presumed.1 (See generally Morgan Stanley…

2Cases cited7 opinions

  1. Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
  2. John J. Kassner & Co. v. City of New YorkNew York Court of Appeals · 1979
  3. ACE Securities Corp. v. DB Structured Products, Inc.New York Court of Appeals · 2015
  4. Quadrant Structured Products Co. v. VertinNew York Court of Appeals · 2014
  5. Federal Housing Finance Agency v. Nomura Holding America, Inc.District Court, S.D. New York · 2015

2 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Franklin Am. Mortg. Co. v. Univ. Nat'l Bank of LawrenceCourt of Appeals for the Sixth Circuit · 2018
  2. Bank of New York Mellon v. WMC Mortgage, LLCNew York Supreme Court · 2016
  3. Bank of NY Mellon v. WMC Mtge., LLCNew York Supreme Court · 2016
  4. Federal Hous. Fin. Agency v. Morgan Stanley ABS Capital I Inc.New York Supreme Court · 2018
  5. Franklin Am. Mortg. Co. v. Univ. Nat'l Bank of LawrenceCourt of Appeals for the Sixth Circuit · 2018

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