JPMorgan Chase Bank, N.A. v. Pointbank N A

Filing 97

MEMORANDUM OPINION AND ORDER - Having considered the motions (doc nos. 52 and 57 ) the parties' briefing, and the applicable law, the motions are hereby DENIED. This Order has no impact on the parties' remaining dispositive motions. Signed by Judge Michael H. Schneider on 9/22/2011. (baf, )

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IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS SHERMAN DIVISION JPMORGAN CHASE BANK, N.A. v. POINTBANK, N.A. § § § § § § CASE NO. 4:09-CV-281 MEMORANDUM OPINION AND ORDER Now pending before the Court are the parties’ cross-motions for summary judgment in this breach of contract claim arising out of an agreement to originate, sell, and purchase residential mortgages. The contract in dispute stipulated the terms of a mortgage origination and underwriting agreement between the parties, which are both financial institutions. The dispute . involves nine mortgages issued pursuant to the parties’ agreement. Having considered the motions (Doc. Nos. 52, 57), the parties’ briefing, and the applicable law, the motions are hereby DENIED. This Order has no impact on the parties’ remaining dispositive motions. It is SO ORDERED. SIGNED this 22nd day of September, 2011. ____________________________________ MICHAEL H. SCHNEIDER UNITED STATES DISTRICT JUDGE Page 1 of 1

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