Legal Opinion

Culhane v. Aurora Loan Services of Nebras

Court of Appeals for the First Circuit

Decided February 15, 2013No. 12-1285PublishedCited by 184 opinions

1Opinion of the Court

SELYA, Circuit Judge.

As the millennium dawned, American financial markets soared to new heights. One of the vehicles that propelled this dizzying flight involved the bundling and securitization of residential mortgage loans. 1 But all good things come to an end, cf. Geoffrey Chaucer, Troilus and Criseyde (circa 1374) (“There is an end to everything, to good things as well.”), and it was not long before the economy faltered and the housing bubble burst. A rash of residential mortgage foreclosures followed.

Novel practices had been devised to facilitate the bundling and securitization of…

2Cases cited34 opinions

  1. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  2. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  3. Baker v. CarrSupreme Court of the United States · 1962
  4. Bennett v. SpearSupreme Court of the United States · 1997
  5. United States v. Ilario M.A. ZanninoCourt of Appeals for the First Circuit · 1990

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3Cited by184 opinions

  1. Yvanova v. New Century Mortgage Corp.California Supreme Court · 2016
  2. Wilson v. HSBC Mortgage Services, Inc.Court of Appeals for the First Circuit · 2014
  3. Woods v. Wells Fargo Bank, N.A.Court of Appeals for the First Circuit · 2013
  4. Ford v. BenderCourt of Appeals for the First Circuit · 2014
  5. Bank of American, N.A. v. Scott A. GreenleafSupreme Judicial Court of Maine · 2014

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

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