U.S. Bank as Trustee v Merrill Lynch Mortgage Trust | This is an important development in MBS litigation.
H/T Barry Ritholtz
SUPREME COURT OF THE STATE OF NEW YORK
COUNTY OF NEW YORK
MERRILL LYNCH MORTGAGE
INVESTORS TRUST, SERIES 2006-RM4,
MERRILL LYNCH MORTGAGE
INVESTORS TRUST, SERIES 2006-RM5,
Plaintiffs,
-against-
MERRILL LYNCH MORTGAGE
LENDING, INC., MERRILL LYNCH
MORTGAGE INVESTORS, INC., BANK
OF AMERICA, NATIONAL
ASSOCIATION,
Defendants.