2019 new york - in re 278 rmbs trustsinre278rmbstrusts.com/content/documents/ecf 53... ·...
TRANSCRIPT
![Page 1: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/1.jpg)
SUPREME COURT OF THE STATE OF NEW YORK
COUNTY OF NEW YORK
:
In the matter of the application of :
:
THE BANK OF NEW YORK MELLON, in its :
Capacity as Trustee for 278 Residential Mortgage- :
Backed Securitization Trusts, :
: Index No. 150738/2019
Petitioner, :
For Judicial Instructions Under CPLR Article 77 :
Concerning the Proper Pass-Through Rate :
Calculation for CWALT Interest Only Senior :
Certificates. :
:
AFFIRMATION REGARDING COMPLIANCE WITHORDER TO PROVIDE SUPPLEMENTAL NOTICE
I, Christopher J. Houpt, an attorney admitted to practice in the courts of the State of New
York, affirm under penalty of perjury as follows:
1. I am a partner in the law firm of Mayer Brown LLP, attorneys for Petitioner The
Bank of New York Mellon("BNYM"
or "Trustee"). I submit this affirmation as proof of
compliance with the Order to Provide Supplemental Notice entered May 22, 2019 (the "May 22
Order"), requiring BNYM to provide certain further forms of notice of this proceeding pursuant to
CPLR § 7701 concerning the CoveredTrusts¹
(the "Article 77 Proceeding").
2. Paragraph 3 of the May 22 Order required BNYM to provide Supplemental Notice
within 7 days of the date of the May 22 Order by:
(a) mailing, by first-class, registered mail, a copy of the Supplemental Notice
to: (i) all Certificateholders listed on the certificate registry for the Covered Trusts; and (ii)
any Certificateholder of the Covered Trusts (or its counsel) of which Petitioner has actual
1 Capitalized terms used, but not defined, herein have the meanings assigned to them in the May 22 Order.
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
1 of 9
![Page 2: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/2.jpg)
knowledge; and (iii) any Certificateholder of the Covered Trusts (or its counsel) that has
requested such papers from the Trustee;
(b) electronically transmitting the Supplemental Notice to The Depository
Trust Company ("DTC"), which will post the Supplemental Notice in accordance with its
established procedures; and
(c) electronically posting a copy of the Supplemental Notice on the Trustee's
investor reporting website and posting all papers subsequently filed in this proceeding on
http://www.inre278rmbstrusts.com.
3. Paragraph 2 of the May 22 Order required BNYM to provide notice of the Article
77 Proceeding and the Final Hearing within 21 days of the date of the May 22 Order by publicizing
the Supplemental Notice in the online version of the Wall Street Journal for at least one business
day per week for two consecutive weeks.
4. Mailed Notice: On May 23 and 24, 2019, a packet containing a copy of the
Supplemental Notice was mailed by first-class, registered mail to the Certificateholders listed on
the certificate registry for the Covered Trusts.
5. On May 28, 2019, the same packet was mailed by first-class, registered mail to
counsel for the plaintiffs in (i) American Fidelity Assurance Company v. The Bank of New York
Mellon, Case No. 11-cv-01284 (W.D. Okla.); (ii) BlackRock et al v. The Bank ofNew York Mellon,
Case No. 14-cv-9372 (S.D.N.Y.); (iii) Commerzbank A.G. v. The Bank ofNew York Mellon & The
Bank of New York Mellon Trust Company, N.A., Case No. 15-cv-10029 (S.D.N.Y.); (iv) Knights
of Columbus v. The Bank of New York Mellon, Index No. 651442/2011 (Sup. Ct. N.Y. Cnty.);
(v) Pacific Life Insurance Company, et al. v. The Bank of New York Mellon, 17-cv-1388
(S.D.N.Y.); (vi) Silian Ventures LLC v. The Bank of New York Mellon, Case No. 18-cv-11763
(S.D.N.Y.); and (vii) The Western & Southern Life Insurance Co. v. The Bank ofNew York Mellon,
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
2 of 9
![Page 3: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/3.jpg)
Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii) include parties
that have alleged that they are Certificateholders in one or more of the Covered Trusts.
6. Electronic Notice: On May 23, 2019, BNYM provided the Supplemental Notice to
DTC, which posted the Supplemental Notice to Certificateholders in accordance with DTC's
established procedures.
7. Investor Reporting Website: On May 23, 2019, BNYM posted the Supplemental
Notice on its investor reporting website. The website address is https://getinvestorreporting.-
bnymellon.com.
8. Wall Street Journal: On May 28, 2019, BNYM caused an advertisement stating
"If you have an interest in CWHL or CWALT Residential Mortgage Securitization Trusts created
during the period 1998-2008, a pending court proceeding may affect yourrights"
to be published
in the online version of the Wall Street Journal (the "WSJ Banner Ad"). The WSJ Banner Ad
contains a link to http://www.inre278rmbstrusts.com (the "Notice Website"). The Notice Website
provides access to (i) the Supplemental Notice, (ii) a list of the Covered Trusts, (iii) contact
information for the Trustee, and (iv) all documents filed in the Article 77 Proceeding to date.
9. Attached hereto as Exhibit A are illustrations of the WSJ Banner Ad. As noted on
the illustrations, the WSJ Banner Ad consists of three text frames. The first two frames are visible
for six seconds before advancing and the final frame is visible for three seconds before the cycle
repeats.
10. Attached hereto as Exhibit B are screenshots showing the WSJ Banner Ad as
displayed in the online version of the Wall Street Journal. The first three pages of Exhibit B show
the 300x250 size format at each stage of its cycle. The final three pages of Exhibit B show the
728x90 size format at each stage of its cycle.
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
3 of 9
![Page 4: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/4.jpg)
11. The WSJ Banner Ad was displayed in the online version of the Wall Street Journal
from May 28 to June 10, 2019.
Dated: June 17, 2019
New York, New York
By: /s/ Christopher J. Houpt
Christopher J. Houpt
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
4 of 9
![Page 5: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/5.jpg)
Exhibit A
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
5 of 9
![Page 6: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/6.jpg)
72Sx90 Online Display Banner for WSLcom-
Frame 1: Visible for 6 seconds.
If you have an interest in CWHL or CWALT
Residential Mortgage Securitization Trusts
Frarne 2: Visible for 6 seconds.
created during the period 1998-20D8,
a pending court proceeding may affect your rights.
Frarne 3: Visible for 3 seconds.
Click here for more information.
www.[nRe278RMBSTrusts.com
300x25tl Online Display Banner for WSicom -
Frarne 1: Visible for 6 seconds. Frarne 2: Visible for 6 seconds
If you have an interest created during the
in CWHL or CWALT period 1998 -2008,
Residential Mortgage a pending court
Securitization Trusts proceeding may affect
your rights.
Frarne 3: Visible for 3 seconds.
Click here for more
information.
www.tnRe278RMBSTrusts.com
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
6 of 9
![Page 7: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/7.jpg)
Exhibit B
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
7 of 9
![Page 8: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/8.jpg)
THE WALL STREET J0URNAL
Size (728x90)
THE WAll STREET J0URNAL -2w-to1o *,nMaoM tae-ar.vase
Heinewas U5 Pous E empBu is Tet MrkeuOpinanDre&ArtsItesiEstateWSj.Maggrine 5
If you have an interest in CWHL or CWAtTResidential Mortgage Securitization Trusts
Whal igge
ThunpAttacks on Mueller
wPresidemTrtimpcokm4NLtoattackRnherMiaelr,aanyrter specttlcotiMel's --- - -- ' --- -' no nori paghrommentsputthetaskorasssMgMr 5 Den - 7 Mtas ras a0TrumpnoisdixtmtheLaporapemocratR genea is'· rimratiifulledliouw n adstn a . . appar 'At C5- MIInnersninsBairdamgecondpens
GoudsGrowthoutloell CrpPricesCliumbomWorries0verSise.Quality opene.ThtrMemeStU ML' t ledispingwith Pr ocornadwhmsitarevaultmghigherattr I RobertMarniv'sliarnagShutChmeispMTmgtheFederal alsruptionv.UXfarmsrr.wscarircrnxabmi'theumard -· E,·stef:dircemi.ef·Nc.·:rn&GujuonglesrInin bindand gitatifyofif atSbaW=pan=k= . ,,..a.s pusy-in•.n s-eian-i-u-.·anowunter,mowspuncyp gure.•* 5tarWarsGlwaForceto rfi·.rupriFpm.nnmrwrariFrdEstoDeller7Daymath ecoP'mthey:F.zplainihrCenter'the"FedEtwilldel rpackari* ·' 'Outof5 tsevertdanaweekstattittgEnririyear,addigiganextra PresidetilTrumpdemedhrurtrigabolit
aWhiteHo.Lieteqursitoinew"ouiof htthW lp(Coapi.dateAmerIen's USSJohn1McCainditrtraghisrisittoJap said d--- whoewrSwedthedimtvewn'wenniea
FarRannultamelFCA.FlutAuleDealsHohlQuestellapplerliiture NewJerseyNeedssi%nniusMs.AtItenatistandFiat
i' 4a' ..']M ''. i
THE WALL STREET J0URNAL THE WALL STREET J0URNALs. r M 21] d n'hiva
,n. wiridus pontusE ainns t«n M-su oprannur-saraassesm.wuumeim s...Q ,n,nww,fiau.s pennc,eco,mm,sm.,,r,cnma,tet,ep,r,,nnt,i.aA, smatews.umum,n, 5,,
created dur ng the period 1998 - 2008. Click here for more inforrnation.a pending court proceeding may affect your rights. www.InRe278RMBSTrusts.com
Thunp Steps Up°""'™ """""""""'*""'""a"
Thunp Steps Up'"""""**"' """'''"""""'"""""
Attacks on Mueller ..=Attacks on Mueller
Prestah>rtiTrtampa imuedtoantchilcheri 1dentTruinpcontifmedtotradRobertMueller.addyeriffthespecal(comeM -1 - - - ---- -- -- A.Tconux1stsputthetagaerassegM W*est in M st01Trutitp'scotiducttotheimpofaDexturratst- ' - " Ma msua h pSc i knthelapfaDetawraGE-ControlledHotsw manshingL he , relieglillae
MW511toBut toCogigrMs .- z ues us • stuemershirtssuratesceegress . Rear
5 g NTCleadnGevathoutlash CoopPrusC11subom%rriendhrSIre,Qannty opin CloudmGranthomilall CropPrkescilaubomrries0verSize.Quality opihenemwemiermew ofllnow•8 m,m anar ofHarvestL'5.tradeapprs'cwith PrrenMcurthandwheatarev,It t tuxNrrasmanivt. alerMu inringSt tj.5.nadesigpmeh Prkesofratinat whemiarenultLrtshighe*asm ItchertMueBrr'sPartingSInstp monU.S.rarmErawamttrm4hAtra11apa .f·c.. Amn,.1r.gar'W Chlestfaputtgogth eder1 disruptiononU.S.farmsr enohtermattedatthrsized . NFene..-'3:vmeFrr,rvathrcWRe riatilid4hd qualityorthisyarsharr ts. • |triervein bin1ldr3 an,jrV(1fth h2W• 't'l " meHhitmiy p SusalletsI'IKnamI gary
TwitatoDekwr7Daysae hGH", they-F.sphinthrCominrh' FedFstaDekwrTIhpuaWeek P hooP*eI upl theCWofTedExwd]deliwrpackages 5;2-th.'·rduitorrmerium edF.xwIHdchw7parta *A idananeckstartingfic ear.addinganotfra PretderdTrampdernedknowitabjut Pre,adentTrampdemedarsngaboutaWhe t ereginestremowoa1ifugh17Mrwarh1p aWI1]teHCerecenttoniee'hi ofkght'1he hipactamoddeAmtrus's t'55Jultr.5.McCainrmghsvisittoJapan,I t5.ild accomdateA 350h115214cC11dIIt'. IttoJap1,ti hdonlLwshoppIrihabits.r. ..+,- WhatrSitIedthedIre<tivewas- ilmeanm. onljheshoppulahath -..·-m- f igWr4 ed12prdirrrEnwas'IIrllwrA1114t• WhiteIlouseWentedij55JoitnMcCainIorShdW'14llidled 4I lenumlie I WhilsNungsWaisd11511JohitMcCa2Itutat'ight b h testSugieCrlenTurIteemaltmailIM.'A.PastAutoDrml' 14rReasultanlKAPastAutaDem)HuldCimestellappIerhtmieNrwes.eyNeetleaI%nslenHi .
AdREEaina Is'thisit?Askent d Inflignit?Chterdisrusd to 5 NewJmesis mm
1
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
8 of 9
![Page 9: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)](https://reader033.vdocuments.site/reader033/viewer/2022050214/5f600379ef575959696a6db6/html5/thumbnails/9.jpg)
THE WALL STREET J0URNAL
Size (300x250)
Homevitichd PonthriErdrernyBustenTe(1Marisu Opirilorbufe6A itealEgateWS)Magarne
TOGETHER.
½lui'a½¬ - Blarkea
S U Chah nohute a sactspritestThunp teps pAttacks on MuellerPresideurTrurnpmnrHthirdToAtIKhhM 5 hEP M 5 ' - ·-- - 3 aww nm ancess a emmenmmsputetuxonssengstMrTrttp'senndLctththelapoa en atle .__....-(1'ditd lkhigagid14tidtagL'drr(I• MusllMStilftsBturdratoColigress go o a.7ssa a1411'shtiemecTestedashamleSpatCimbGr-thoutionk cepPricescEmbemMrries erSW.Qulky ,,Thererescal.tionertju a rm1ustrateatnutewl-n ,n,nd,n ' RahertMeer'sFueungtChinaisustitil1 Federal darupimortU.5farm3r.itstuo erralxutti-est JdW q 17 W.hrh. 1
DberyI h r. m+.¾irr :r-,-.,e..-m-,
Tientvear.addinganextra PreudongTrampderd.rsingraboaWhiteHeinefrq·arsttom c-outof hi'U1cwarshipessmswom-wrs,n f youhave an interesn nad d Wa mem. w ana.ew.nedussc me anc N eLuMArsNe to in CWHL or CWALT
s.hecam.."Wal' Residential MortgagtHeldCluestoltmpder turv NeivJerwyNeednaPendemRsAsRenaultaridFlat InTInisit? . .. - Securitization TrustsChrvurrdisrugsplansto 5c01eNew.ierwynine1mmersare --
1dytheindu.try1 Den400Systelgt.uneofit atide'tplyitis3L¹btedtury,¹trietitItevioQea•0 mer 57temsthet15.,asipay1tSareprctrtltomcthan
it}rlwrge n Jt - -. .. deutnk(1
mulswana muswunnme W a us Poidcs Eccm1myBusnessTec*iMartetsOpen Ljfe&ArtsRearEstateW$2Magerine S. HemeWaridUs Po .s acemy80suriM4TMMMarkMtOpoor sts RealEstateW5J.M n •r
TOGETHER. TOGETHER.
Thunp Steps Up"""""""*"""'""'""" - Thunp Steps Up
' "™"*""""""'" -
Attacks on Mueller Attacks on MuellerPreudentTrurg1pcogittraedgoMtackItorjer1 w PteMdemiTrumpcoritimiedtoattancklishortMurtler,adayarterthespMialm.msels 2-- - . - -3 W½t Mseher.ad aftstjwspecautsel's .commeritsputghegathof4 ngtMr ' F ... M 1165u4hTrijmp5cariduc·tri·hetalletaDemocratic TrumpscanottrtLi11ticlaporaI 110rathr '--. s.,.i. 11pgg T. 7.-rk CEmin dMailze. 54
LMmgadis b aleenme .. .. .., IJinga lamulladrr e ,,,• Migelkehalt.1Harar-10Co-gress he . iler frs1lurigrntoCigy Rainf. .) -.+ 2sr5434wan usa+- A"3 m)5'
14d'sFatienceTe.tedan'IkadeSpatCloudsGrowthuutieek CropPrWsClimbomWorriemmersin.Quality ,, ClosisGrewtlioutlook CropPricesChaibonWorriedherSix,4uality opgan,1hrrecentesczarianofine o arvest Thrruetitescalatgoriorrlw orHanentU5tradedisputewith Prwenofwrraa.9dwtheatarevaultjrthaberm. RelieriMinriler'mi'•uting$list r.5trasraliptitewith Prursofurri'.juridfir,ut.h-rrquu.tmht gra¬.•n4ssac RiuliestMinrErr'.lhinsigShotChmaispr.1tmtherederal disrtuptkinur¹-U.b.fartrisr:i-wsn insal ut1heweard ' ' 5,Mr3.g·wr,,,5,.w'dArmira.&thma CNnatsphittingtheFearra dar14ptiononU'i.formsra36raixrmabi-J1theureatul ' . _>it·_-'.kt·,rriir 8..ort!3'c1¬1·watAv!.L:itWRezerWinahmdand qu.iiTyorghtsyer harvests. q OhhW hh
Sevendaysaneekstarting severidaysainekst laa
operatmgderto aWhiteHoasereq1tonwye"outorshcht"thewarshp oper.rgrtgdayto aWhiteHorasere4est¹omove-outofhighl'tilewarshipt'ommodateAmerica's USS SMcCainduf lils tto.iopati.Dur$A×l p created during the " nmad n hhnS CalpdunnNu U0h]ian ld
o11]incshopprt habits'a-. .r..m. whoeverissuedthedi twe elamemilt olilarshoppingrhabits+ .--..-s: who dhedarof w m niClick here for more
. wkwn-w-medusmumce-masw a meetnuar•Ne wie period 1998 - 2008, • wheex-memmwcan ase -ekar n aiioForRemmultandFCArPastAutoDeal. s hecrime. IbrRenaultandFCA.PangAutoDests information.HeiddinestoHappierFuture NewJersey'NeedsahdomFit,r a pen ing cour aga g,m,,,,m,,, 3,a,,,AsxenmanandFutt IsTI It? r. .. )roceeding may affec t ^dt-=, ImTldsk? twwJnRe278RMB5Trusts.corrChryslerducussplusto SomeNewJersevlawnukusare T H t
-mem.u-vnm-wto pusnna-mathem, y your rights. ="haa-v- mmnsstudytheadustt0 pen4sy m,oneorti1emwdeeplygridebtedrtilremct u pensi1 Hwm orrps3 rilrenumer.1previoindeatstodl wer strnsintheL.'.5,atpaytrurnuarerx stedinmorethan previlsdealstodH(over wstemsinhrLt.5aspaymentsareexctedtomore111anwhyautomereersoftmfajiM-··-.-. -u dmthWtwzozi tiy49tomergersofterFMI-a--- doubh>by20'r-t
2
FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019
NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019
9 of 9