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U.S. Bank, N.A. v. SFR Investments Pool 1, LLC, 2:15-cv-01527-JCM-NJK. (2018)

Court: District Court, D. Nevada Number: infdco20180301o53 Visitors: 8
Filed: Feb. 28, 2018
Latest Update: Feb. 28, 2018
Summary: STIPULATION AND ORDER TO DISMISS JAMES C. MAHAN , District Judge . STIPULATION TO DISMISS Cross-Defendant Mortgage Electronic Registration Systems, Inc. ("MERS") together with Defendant/Cross-Claimant SFR Investments Pool 1, LLC's ("SFR") stipulate and agree as follows: This litigation was initiated by Plaintiff U.S. Bank, N.A., not Individually But Solely as Trustee for the Holders of the Bear Stearns Asset Backed Securities I Trust 2006-AC1, Asset Backed Certificates, Series 2006-AC1 (
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STIPULATION AND ORDER TO DISMISS

STIPULATION TO DISMISS

Cross-Defendant Mortgage Electronic Registration Systems, Inc. ("MERS") together with Defendant/Cross-Claimant SFR Investments Pool 1, LLC's ("SFR") stipulate and agree as follows:

This litigation was initiated by Plaintiff U.S. Bank, N.A., not Individually But Solely as Trustee for the Holders of the Bear Stearns Asset Backed Securities I Trust 2006-AC1, Asset Backed Certificates, Series 2006-AC1 ("US Bank") against SFR as the Defendant. On July 7, 2016, SFR asserted counter-claims against US Bank and cross-claims against MERS in its Answer to Complaint, Counterclaim and Cross-Claim (ECF No. 23). In response to the Cross-Claim, MERS responded with an Answer and Counterclaim (ECF No. 62) against SFR and other entities which have not appeared in this litigation.

MERS and SFR agree to dismiss SFR's Cross-Claims against MERS and MERS' Counterclaim. SFR's existing claims against US Bank shall not be affected. MERS Counter-Claim (ECF No. 62) shall be dismissed in its entirety. Dismissal of the Counterclaim and Cross-Claim shall be with prejudice, each party to bear their own costs and fees.

ORDER

IT IS SO ORDERED.

Source:  Leagle

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