Case Name: Nomura Home Equity Loan, Inc., Series 2006-FM2, by HSBC Bank USA, National Association, Solely in its Capacity as Trustee, et al., Respondents, v. Nomura Credit & Capital, Inc., Appellant. (Action No. 1.); Nomura Home Equity Loan, Inc., Series 2007-3, by HSBC Bank USA, National Association, Solely in its Capacity as Trustee, Respondent, v. Nomura Credit & Capital, Inc., Appellant. (Action No. 2.); Nomura Asset Acceptance Corporation Mortgage Pass-Through Certificates, Series 2006-AF 2, by HSBC Bank USA, National Association, as Trustee, Respondent, v. Nomura Credit & Capital, Inc., Appellant. (Action No. 3.); Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 by HSBC Bank USA, National Association, as Trustee, Respondent, v. Nomura Credit & Capital, Inc., Appellant. (Action No. 4.)
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 2017-02-16
Citations: 28 N.Y.3d 1166
Docket Number: 
Parties: Nomura Home Equity Loan, Inc., Series 2006-FM2, by HSBC Bank USA, National Association, Solely in its Capacity as Trustee, et al., Respondents, v Nomura Credit & Capital, Inc., Appellant. (Action No. 1.) Nomura Home Equity Loan, Inc., Series 2007-3, by HSBC Bank USA, National Association, Solely in its Capacity as Trustee, Respondent, v Nomura Credit & Capital, Inc., Appellant. (Action No. 2.) Nomura Asset Acceptance Corporation Mortgage Pass-Through Certificates, Series 2006-AF 2, by HSBC Bank USA, National Association, as Trustee, Respondent, v Nomura Credit & Capital, Inc., Appellant. (Action No. 3.) Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 by HSBC Bank USA, National Association, as Trustee, Respondent, v Nomura Credit & Capital, Inc., Appellant. (Action No. 4.)
Judges: Chief Judge DiFiore and Judge Garcia taking no part.
Reporter: New York Reports
Volume: 28
Pages: 1166–1166

Head Matter:
Nomura Home Equity Loan, Inc., Series 2006-FM2, by HSBC Bank USA, National Association, Solely in its Capacity as Trustee, et al., Respondents, v Nomura Credit & Capital, Inc., Appellant. (Action No. 1.) Nomura Home Equity Loan, Inc., Series 2007-3, by HSBC Bank USA, National Association, Solely in its Capacity as Trustee, Respondent, v Nomura Credit & Capital, Inc., Appellant. (Action No. 2.) Nomura Asset Acceptance Corporation Mortgage Pass-Through Certificates, Series 2006-AF 2, by HSBC Bank USA, National Association, as Trustee, Respondent, v Nomura Credit & Capital, Inc., Appellant. (Action No. 3.) Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 by HSBC Bank USA, National Association, as Trustee, Respondent, v Nomura Credit & Capital, Inc., Appellant. (Action No. 4.)
Submitted February 14, 2017;
decided February 16, 2017

Opinion:
Reported below, 133 AD3d 96.
Motion by Securities Industry and Financial Markets Association for leave to file a brief amicus curiae on the appeal herein granted and the proposed brief is accepted as filed.
Chief Judge DiFiore and Judge Garcia taking no part.