Residential Funding Co. v. Academy Mortgage Corp.
District Court, D. Minnesota
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 “…
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3Cited by8 opinions
- In re RFC & Rescap Liquidating Trust ActionDistrict Court, D. Maine · 2018
- Lehman Bros. Holdings Inc. v. Hometrust Mortgage Co. (In re Lehman Bros. Holdings Inc.)United States Bankruptcy Court, S.D. New York · 2015
- Marvin Lumber & Cedar Co. v. Marvin Architectural Ltd.District Court, D. Minnesota · 2016
- Harris v. Gillette Children's Specialty HealthcareDistrict Court, D. Minnesota · 2025
- In Re: RFC and RESCAP Liquidating Trust LitigationDistrict Court, D. Minnesota · 2019
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