Legal Opinion

Residential Funding Co., LLC v. Embrace Home Loans, Inc.

District Court, D. Minnesota

Decided June 18, 2014No. Civ Nos. 13-3457 PAM/FLN, 13-3509 PAM/FLN, 13-3545 PAM/FLNPublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

PAUL A. MAGNUSON, District Judge.

This matter is before the Court on Motions to Dismiss filed by each of the Defendants raise substantially the same legal issues and the Court consolidated-the Motions for purposes of oral argument. For the reasons that follow, the Motions are granted in part and denied in part. BACKGROUND

Plaintiff Residential Funding Company, LLC (“RFC”) was, until it declared bankruptcy in May 2012, an issuer of mortgage-backed securities. (Am. Compl. (Docket No. 28) ¶ 2.)1 RFC purchased residential mortgages from hundreds of financial institutions…

2Cases cited9 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Vicki Westcott, Administratrix of the Estate of Arden Westcott, Deceased v. City of Omaha, a Municipal CorporationCourt of Appeals for the Eighth Circuit · 1990
  4. Nat Levy v. Donald J. Ohl, William J. Knapp, L. David Green, and Merilyn HamlettCourt of Appeals for the Eighth Circuit · 2007
  5. Morton v. BeckerCourt of Appeals for the Eighth Circuit · 1986

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

3Cited by4 opinions

  1. In re RFC & Rescap Liquidating Trust ActionDistrict Court, D. Maine · 2018
  2. Residential Funding Co. v. HSBC Mortgage Corp. (USA) (In re Residential Capital, LLC)United States Bankruptcy Court, S.D. New York · 2015
  3. Residential Funding Co. v. Academy Mortgage Corp.District Court, D. Minnesota · 2014
  4. Lehman Bros. Holdings Inc. v. Hometrust Mortgage Co. (In re Lehman Bros. Holdings Inc.)United States Bankruptcy Court, S.D. New York · 2015

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