Dernier v. U.S. Bank Nat'l Ass'n

Summary

The Second Circuit affirmed the district court’s judgment granting summary judgment to U.S. Bank on its foreclosure counterclaim and dismissing the Derniers’ claims challenging the assignment. The court held that the alleged forged endorsement could be ratified, that ratification was effective despite an intervening sale, and that the foreclosure action was timely under the mortgage’s fifteen‑year limitations period.