Legal Opinion
Mastr Asset Backed Securities Trust 2006-He3 ex rel. U.S. Bank National Ass'n v. WMC Mortgage, LLC
District Court, D. Minnesota
Decided October 11, 2013No. Civil Nos. 11-2542 (JRT/TNL), 12-1372 (JRT/TNL), 12-1831 (JRT/TNL), 12-2149 (JRT/TNL)PublishedCited by 2 opinions
1Opinion of the Court
*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 Trastee. The Trustee alleges at least some of the mortgages sold to the trust were defective and that the originators should bear the costs to the trust of those defective mortgages.
In WMC Mortgage, LLC v. U.S. Bank National Association (Civ. No. 12-1372), WMC…
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- Hooper Associates Ltd. v. AGS Computers, Inc.New York Court of Appeals · 1989
- Sommer v. Federal Signal Corp.New York Court of Appeals · 1992
- Parnes v. Gateway 2000, Inc.Court of Appeals for the Eighth Circuit · 1997
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3Cited by2 opinions
- In re Residential Capital, LLCUnited States Bankruptcy Court, S.D. New York · 2015
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