ACE v. DBSP - New York Supreme Court Decision (Kornreich)

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Trial court judge Shirley Kornreich holds that the statute of limitations for mortgage repurchase claims runs from the date that a responsible party declines to honor the demand to repurchase, as the repurchase obligation is a continuing one.

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  • FILED: NEW YORK COUNTY CLERK 05/14/2013 INDEX NO. 650980/2012NYSCEF DOC. NO. 42 RECEIVED NYSCEF: 05/14/2013