Legal Opinion

Residential Funding Co. v. Academy Mortgage Corp.

District Court, D. Minnesota

Decided November 12, 2014No. Case Nos. 13-cv-3451 (SRN/JSM), 13-cv-3453 (SRN/JJK), 13-cv-3485 (SRN/TNL), 13-cv-3515 (SRN/SER), 13-cv-3519 (SRN/JSM), 13-cv-3525 (SRN/JSM)PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

SUSAN RICHARD NELSON, District Judge.

I. INTRODUCTION

This matter is before the Court on a Motion to Dismiss the First Amended Complaint filed by each Defendant in the above-captioned mátters. For the reasons set forth below, the Motions are denied.

II. BACKGROUND

These lawsuits arise out of Defendants’ sale of allegedly defective mortgage loans lo Plaintiff Residential Funding, LLC (“RFC”). (First Am. Compl. ¶ 1.)1 Priqr to May 2012, RFC was “in the business of acquiring and securitizing residential mortgage loans.” (Id. ¶ 2.) RFC acquired the loans from “…

2Cases cited29 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  4. Warth v. SeldinSupreme Court of the United States · 1975
  5. Lujan v. National Wildlife FederationSupreme Court of the United States · 1990

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3Cited by8 opinions

  1. In re RFC & Rescap Liquidating Trust ActionDistrict Court, D. Maine · 2018
  2. Lehman Bros. Holdings Inc. v. Hometrust Mortgage Co. (In re Lehman Bros. Holdings Inc.)United States Bankruptcy Court, S.D. New York · 2015
  3. Marvin Lumber & Cedar Co. v. Marvin Architectural Ltd.District Court, D. Minnesota · 2016
  4. Harris v. Gillette Children's Specialty HealthcareDistrict Court, D. Minnesota · 2025
  5. In Re: RFC and RESCAP Liquidating Trust LitigationDistrict Court, D. Minnesota · 2019

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

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