by
Aaron Rubin and
Samantha Hope Scheller
On March 29, 2017, Judge Andrew L. Carter, Jr., of the United
States District Court for the Southern District of New York granted
Defendant GreenPoint Mortgage Funding, Inc.'s
("GreenPoint") motion for summary
judgment, dismissing all causes of action against it as time-barred
and terminating the case in Lehman XS Trust et al. v.
GreenPoint Mortgage Funding, Inc.
Plaintiff Trustee U.S. Bank National Association, on behalf of
the Lehman XS Trust, Series 2006-GP2
("GP2"), Lehman XS Trust, Series
2006-GP3 ("GP3"), and
Lehman XS Trust, Series 2006-GP4
("GP4") (collectively, the
"Trusts"), and Freddie Mac
Conservator Federal Housing Finance Agency (collectively,
"Plaintiffs") brought consolidated
claims against GreenPoint regarding GP2, GP3, and GP4. Plaintiffs
alleged breach of contract and indemnification claims for specific
performance and damages arising out of GreenPoint's alleged
breach of certain representations
