Legal Opinion · Dissent

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

Appellate Division of the Supreme Court of the State of New York

Decided December 29, 2016No. 651954/13 1493Published

1Dissent

Acosta, J.P.

(dissenting in part). While I agree that plaintiff timely commenced this put-back action based on allegations that defendant was aware of or discovered defects in the pool of loans, I respectfully disagree with the majority’s holding that plaintiff’s subsequent claims, based on postcommencement notices to defendant of defective loans, cannot relate back to the timely summons with notice. In my view, because that original pleading gave defendant notice of the transaction or occurrence to be proved — namely, the sale of a pool of loans— the claims later interposed in the complaint…

2Cases cited7 opinions

  1. ACE Securities Corp. v. DB Structured Products, Inc.New York Court of Appeals · 2015
  2. Goldstein v. New York State Urban Development Corp.New York Court of Appeals · 2009
  3. Nomura Home Equity Loan, Inc., Series 2006-FM2 v. Nomura Credit & Capital, Inc.Appellate Division of the Supreme Court of the State of New York · 2015
  4. Deutsche Bank National Trust Co. v. Flagstar Capital Markets Corp.Appellate Division of the Supreme Court of the State of New York · 2016
  5. Southern Wine & Spirits of America, Inc. v. Impact Environmental Engineering, PLLCAppellate Division of the Supreme Court of the State of New York · 2011

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