Munoz

UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA EFRAIN MUNOZ, individually and on behalf of all others similarly situated, et al., No. 1:08-cv-00759-MMB-BAM 6 Plaintiffs, ORDER RESPECTING MOTION TO EXCLUDE v. EXPERT TESTIMONY OF DR. ROBERT E. HOYT PHH MORTGAGE CORPORATION, et al., 13 Defendants. Defendants move (ECF 571) to exclude the testimony of Dr. Robert E. Hoyt, whom Plaintiffs offer as an expert on insurance, reinsurance, insurance economics, and risk management to establish their Article III standing. He opines that “the captive reinsurance agreements utilized by Defendants which do not involve a real risk transfer simply increased transaction costs and in turn the premiums paid by PMI buyers (borrowers/Class Members).” ECF 571-2, at 6 ¶ 17 (footnote omitted). Defendants contend that Hoyt’s testimony is based on improper assump- tions, see ECF 571, at 10–18, and that it…