Home Equity Mortgage Trust Series 2006-1 et al. v. DLJ Mortgage Capital, Inc. (“HEMT”) and U.S. Bank Nat’l Ass’n v. DLJ Mortgage Capital, Inc. (“HEAT 2007-1”)

Summary

Court:
New York Court of Appeals

Amicus Issue:
Whether the doctrine of “relation back” permits plaintiffs to proceed on repurchase claims as to untimely noticed loans.

Whether RMBS plaintiffs may demonstrate notice, liability, and damages using a “sampling” approach, rather than on a loan-by-loan basis (at issue in HEMT).

Counsel of Record:
Hughes Hubbard & Reed LLP

Shahzeb Lari

Hannah Miller

Other Amici:
None.

PDF

Amicus Briefs

Home Equity Mortgage Trust Series 2006-1 et al. v. DLJ Mortgage Capital, Inc. (“HEMT”) and U.S. Bank Nat’l Ass’n v. DLJ Mortgage Capital, Inc. (“HEAT 2007-1”)

Summary

Related Committee(s)

Date

Amicus Briefs

Home Equity Mortgage Trust Series 2006-1 et al. v. DLJ Mortgage Capital, Inc. (“HEMT”) and U.S. Bank Nat’l Ass’n v. DLJ Mortgage Capital, Inc. (“HEAT 2007-1”)

Summary

Related Committee(s)

Date

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