US Legal Forms
New York Put-Back Litigation

New York Put-Back Litigation

Name: New York Put-Back Litigation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.61 (450 reviews)

Category:

New York Local County - Supreme Court - Commercial Division

State:

New York

Control #:

NY-CD-349

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Description

Put-Back Litigation New York Put-Back Litigation is a form of litigation involving claims made by investors against financial institutions that sold them faulty mortgage-backed securities (MBS). The claims allege that the MBS were sold in violation of representations made by the financial institutions, including misstatements and omissions concerning the underlying assets of the MBS. Investors are seeking to “put back” the faulty MBS, meaning they are demanding that the financial institutions repurchase them at face value. The two primary types of New York Put-Back Litigation are direct and representative claims. Direct claims involve investors suing the financial institutions that sold them the MBS directly. Representative claims involve investors joining together to sue the financial institutions on behalf of a larger group of investors. The representative action is often referred to as a “class action”.

New York Put-Back Litigation is a form of litigation involving claims made by investors against financial institutions that sold them faulty mortgage-backed securities (MBS). The claims allege that the MBS were sold in violation of representations made by the financial institutions, including misstatements and omissions concerning the underlying assets of the MBS. Investors are seeking to “put back” the faulty MBS, meaning they are demanding that the financial institutions repurchase them at face value. The two primary types of New York Put-Back Litigation are direct and representative claims. Direct claims involve investors suing the financial institutions that sold them the MBS directly. Representative claims involve investors joining together to sue the financial institutions on behalf of a larger group of investors. The representative action is often referred to as a “class action”.

View Failure to Act (Omissions)

View this form

View Mail, Wire, or Bank Fraud - "Scheme to Defraud or to Obtain Money or Property" Defined (revised 2017)

View this form

View Mail, Wire, or Bank Fraud - Unanimity Required

View this form

View Mail or Wire Fraud - Protected Interests: Honest Services (revised 2016)

View this form

View Mail or Wire Fraud - "Intent to Defraud" Defined (revised 2017)

View this form

How to fill out New York Put-Back Litigation?

Working with legal paperwork requires attention, precision, and using properly-drafted blanks. US Legal Forms has been helping people nationwide do just that for 25 years, so when you pick your New York Put-Back Litigation template from our service, you can be certain it complies with federal and state laws.

Working with our service is easy and fast. To obtain the required paperwork, all you’ll need is an account with a valid subscription. Here’s a quick guide for you to find your New York Put-Back Litigation within minutes:

Remember to attentively examine the form content and its correspondence with general and legal requirements by previewing it or reading its description.
Look for an alternative official blank if the previously opened one doesn’t match your situation or state regulations (the tab for that is on the top page corner).
Log in to your account and save the New York Put-Back Litigation in the format you prefer. If it’s your first time with our service, click Buy now to continue.
Register for an account, select your subscription plan, and pay with your credit card or PayPal account.
Choose in what format you want to save your form and click Download. Print the blank or upload it to a professional PDF editor to submit it paper-free.

All documents are drafted for multi-usage, like the New York Put-Back Litigation you see on this page. If you need them in the future, you can fill them out without re-payment - just open the My Forms tab in your profile and complete your document whenever you need it. Try US Legal Forms and prepare your business and personal paperwork quickly and in total legal compliance!

Form Rating

4.61

Satisfied(450)

Form popularity

FAQ

In New York City, a filing usually must be made within 90 days of an incident. The statute of limitations for claims against a municipality or a government agency may be different from the statute of limitations for claims against a private party; see the New York General Municipal Code for further information.

Small Claims Court helps individuals or corporations resolve disputes when the amount of the claim is $10,000 or less. All defendants must have an address in New York City. Get Small Claims Court information, including locations and hours of operation.

You can contact the court to see if it has a form for you, where you go to file your papers, how the filing fee must be paid, and if you need anything else, like a Request for Judicial Intervention (RJI) form. To start the case, go to the courthouse and pay the filing fee and get your Index Number or Docket Number.

You must fill out the Application for a Pro Se Summons form and submit it to the clerk in the county where you are suing, along with payment of the court fee. The fee must be paid by cash, certified check, money order or bank check. Personal checks will not be accepted.

You can either answer the summons in writing or in person. If you answer in person, you must go to the courthouse clerk's office and tell the clerk about your defenses to the plaintiff's claims. The clerk will check off the boxes in a Consumer Credit Transaction Answer In Person form.

To begin an action in Small Claims Court, a person, or someone acting on his or her behalf, must come to the Small Claims Court Clerk's office in the proper county and fill out a statement of claim. To find out where the clerk's office is located in your county, click on Locations.

You will have to pay the court fee to file your claim. If your claim is for an amount up to and including $1,000.00, there is a fee of $15.00. If your claim is for an amount over $1,000.00 and up to $10,000.00, there is a fee of $20.00.

More info

Matter of Part 60 PutBack Litig. Read In re: Part 60 RMBS Put-Back Litigation, No. 2021-67662, see flags on bad law, and search Casetext's comprehensive legal database.A decision or order of the court in a non-jury case. RMBS Monoline Insurer Litigation Master Filing Order RMBS Investor Litigation Master Filing Order RMBS Put-Back Litigation Master Filing Order. The first wave of litigation involved what is called "repurchase" or "put back" claims. Read full answer. Don't see what you're looking for? The contract said that the trustee's right to put the loan back to the sponsor is the sole remedy for a breach of a representation. The plaintiff initially decides where to bring the suit, but in some cases, the defendant can seek to change the court. If you do decide to bring a lawsuit in small claims court, prepare carefully to increase your chances of success.

New York Put-Back Litigation

Description

Related forms

How to fill out New York Put-Back Litigation?

Show more info

Form Rating

Form popularity

FAQ

How long do you have to file a lawsuit in New York?

How much can you sue for in small claims court in NY?

How do I sue someone who owes me money in New York?

How do I file a lawsuit against a company in New York?

How do I sue a business in New York?

How do I respond to a summons for debt collection in New York?

How do I sue my landlord in small claims court NYC?

How much does it cost to file a small claims case in New York?

More info

Trusted and secure by over 3 million people of the world’s leading companies