MEMORANDUM & ORDER
Pending before the court are defendants Michael Masciale’s (“Masciale”) and Joseph D. Gaeta’s (“Gaeta”) (collectively the “Appraisers”) motions to dismiss all cross-claims asserted against them by their co-defendants, United Homes, LLC, United Property Group, LLC, Galit Network, LLC and Yaron Herscho (collectively, the “UH Defendants”) and U.S. Bank in the Mathis, 05-ev-4386, McDale, 05-cv-5362, and Washington, 05-cv-5679, actions pursuant to Federal Rules of Civil Procedure 12(b)(6), 12(c) and/or 56.1
*415For the reasons set forth herein, if the Appraisers enter into binding settlement agreements with the plaintiffs, which include releases of the plaintiffs’ claims, and the other defendants also stipulate to dismiss their cross-claims against the Appraisers, the court will grant the Appraisers’ motions and the cross-claims asserted by the UH Defendants and U.S. Bank against the Appraisers will be dismissed.
BACKGROUND
The court assumes the parties’ familiarity with the underlying facts and procedural history of the related cases. Moreover, a summary of the allegations in the complaints can be found at Barkley v. Olympia Mortgage Co., No. 04 Civ. 875, 2007 WL 2437810, at *1-9, 2007 U.S. Dist. LEXIS 61940, at *8-30 (E.D.N.Y. Aug. 22, 2007) (Dearie, J.). Accordingly, the court provides only a brief recitation of the allegations pertinent to the instant motions.
Plaintiffs Dewitt Mathis, Miles McDale, Lisa McDale and Charlene Washington (collectively “plaintiffs”) bring suit against the UH Defendants, the lender, Alliance Mortgage Banking Corp. (“Alliance”), and the Appraisers, amongst others, claiming that the defendants targeted first-time minority home-buyers and conspired to sell them over-valued, defective homes financed with predatory loans. (Compl. ¶ 2).2 Plaintiffs allege that the defendants were engaged in a fraudulent property-flipping scheme wherein the UH Defendants were “the hub,” buying damaged properties, performing cosmetic repairs, and then quickly re-selling the homes at often double the purchase price. (Id. at ¶¶ 31, 38-39).
According to plaintiffs, the UH Defendants worked with the Appraisers and Alliance, amongst others, who facilitated the sales by preparing significantly over-valued appraisals and correspondingly inflated loans and mortgages. (Id. at ¶¶ 32, 47, 51 & 73). Plaintiffs allege that Alliance further assisted the fraudulent scheme by manipulating the guidelines of the Fair Housing Act (“FHA”) in order to provide plaintiffs with FHA-insured mortgages. With FHA insurance, Alliance or any subsequent holder of the mortgages can collect on the full over-inflated amounts of the loans in the event of default. (Compl. ¶¶ 2, 55; Mathis Compl. ¶ 118.)
Alliance sold the Mathis and Washington mortgages to U.S. Bank in the secondary market pursuant to an agreement dated February 24, 2000 (“Agreement”) in which U.S. Bank agreed to purchase and/or service certain residential real estate mortgage loans from Alliance. (U.S. Bank’s Answers to Plaintiffs Mathis’s and Washington’s Complaints, Affirmative Defenses and Cross-Claims (“U.S. Bank Answer”), dated September 21, 2007, Cross-Claims ¶ 2.)3 Although plaintiffs make no direct allegations or assert any affirmative causes of action against U.S. Bank in their complaints, U.S. Bank currently sendees plaintiff Mathis’s and plaintiff Washing*416ton’s mortgages. Thus, as the “court cannot accord complete relief’ in the absence of U.S. Bank and U.S. Bank has an interest in defending the enforceability of the Mathis and Washington mortgages, U.S. Bank was joined as a necessary party pursuant to Federal Rule of Civil Procedure 19.4
Plaintiffs allege that as a result of defendants’ fraud, they are burdened by mortgages they cannot afford and are at risk of losing their homes. Plaintiffs assert claims against the UH Defendants and Appraisers, amongst others, for violations of federal anti-discrimination statutes, including the Fair Housing Act (“FHA”), 42 U.S.C. §§ 3604, 3605 and the Civil Rights Acts, 42 U.S.C. §§ 1981,1982 & 1985, New York’s consumer protection statute, i.e. New York General Business Law § 349, state and local anti-discrimination statutes, including New York State Executive Law § 296(5) and Title 8 of the New York City Administrative Code, as well as asserting state-law claims of fraud, conspiracy to commit fraud, and negligence.5
In answering plaintiffs’ complaints, the UH Defendants and U.S. Bank assert cross-claims against their co-defendants. The dismissal of their cross-claims against Gaeta and Masciale are the subject of the instant motions. The UH Defendants assert the same cross-claim against remaining co-defendants Alliance, Gaeta, Masciale, Michael Cheatham and Mario Sfantos in the three related actions. (UH Defendants’ Answer to Plaintiffs’ Amended Complaints and Cross-Claim (“UH Defendants Answer”), dated October 22, 2007.)6 Although denying liability to any of the plaintiffs or any other party for any amount, if the UH Defendants become obligated in any amount to any plaintiff or any other party, by judgment or otherwise, the UH Defendants seek contribution and/or indemnity for any judgment plus costs and expenses, including reasonable attorneys’ fees incurred in the defense of plaintiffs’ claims from the aforementioned co-defendants. (Id.)
Similarly, in the Mathis and Washington actions, U.S. Bank asserts cross-claims against the following named parties; the UH Defendants, Alliance, Gaeta, Masciale, Michael Cheatham and Mario Sfantos. U.S. Bank, however, seeks only indemnity *417(and not contribution) from its co-defendants. Although denying its liability to any plaintiff or any other party for any amount, in the event that U.S. Bank becomes obligated in any amount to any plaintiff or any other party, by judgment or otherwise, U.S. Bank seeks indemnity for any such liability found against it, including reasonable attorneys’ fees and expenses, incurred in the defense of plaintiffs’ claims. (U.S. Bank Answer, Cross Claims ¶ 2.)
U.S. Bank, however, also asserts two additional cross-claims solely against Alliance. First, U.S. Bank seeks contractual indemnity from Alliance, alleging that
The Agreement contains an indemnity provision which requires, in part, that: Alliance protect, indemnify and hold U.S. Bank harmless: (a) from all losses, liabilities, reasonable costs and expenses (including attorneys’ fees) that are incurred by U.S. Bank with respect to or resulting from any breach of any representation, warranty or covenant of Alliance; (b) from any claim, loss or damage to U.S. Bank, including reasonable attorneys!’] fees, resulting from any inaccuracy or incompleteness in the mortgage loan documents or any act or omission by alliance or its agents, including a failure to comply with applicable statutes or regulations; and; (c) from any such loss or damage, including reasonable attorneys!’] fees, resulting from Alliance’s actual wrong or error or omission in the preparation of the mortgage loan documents.
(U.S. Bank Answer, Cross Claims ¶ 3.) Thus, U.S. Bank claims that “if U.S. Bank is adjudged to be liable to plaintiff and/or others in this action ... such will have been the result of the negligence, gross negligence, breach of contract, omission or other wrongful conduct of Alliance which is or will be liable to indemnify U.S. Bank for any and all alleged damages, along with the attorneys!’] fees and expenses incurred herein.” {Id., Cross Claims ¶ 5.) Second, U.S. Bank seeks damages from Alliance for breach of contract. U.S. Bank alleges that, based on plaintiffs’ allegations in the amended complaints, Alliance breached the Agreement, including several specific sections requiring the use of generally accepted accounting practices, prohibiting discriminatory conduct and fraudulent practices, and making warranties about the legality of the mortgage loan. {Id,., Cross Claims ¶¶ 7-16.) Thus, U.S. Bank asserts that it is entitled to damages, contractual relief, attorneys’ fees and expenses from Alliance for the alleged breach. {Id., Cross Claims ¶ 17.) Alliance denies these allegations by U.S. Bank, asserts affirmative defenses against the cross-claims, and cross-claims against all of its co-defendants for contribution and/or indemnification. (Alliance’s Answer to Cross-claims of U.S. Bank, dated November 12, 2007; Alliance’s Answer to Plaintiffs Amended Complaint with Cross-Claim, dated September 20, 2007).
Over the course of several months, the court held several day-long settlement conferences with the participation of all counsel and all parties in the related actions. {See Minute Entries, dated May 28 & 30, June 26 and July 3, 2008.) Although the parties reached settlements in principle in the Mathis and Washington actions on July 3, 2008, the UH Defendants subsequently informed the court at a telephone conference on July 24, 2008 that “recent and significant changes” in the UH Defendants’ financial viability made them unable to consummate either of the settlements reached in principle at the July 3, 2008 settlement conference. (Minute Entries, dated July 3 & 24, 2008.) Nevertheless, plaintiffs reached individual settlement agreements and settlements in principle with certain other defendants, including Gaeta and Masciale. Gaeta and Masciale *418have agreed to pay plaintiffs a specified settlement amount, however, they will only consummate the settlement if all of the cross-claims asserted against them by their co-defendants are either withdrawn or dismissed with prejudice. (See Minute Entry, dated December 5, 2008.) As noted above, all of the co-defendants have agreed to withdraw their cross-claims against Gaeta and Masciale with the exception of the UH Defendants and U.S. Bank. Plaintiffs have continued to engage in settlement negotiations with certain defendants through the present day.
Due to the unexpected halt in settlement negotiations resulting from the UH Defendants’ claimed financial hardship, the court set an expedited discovery schedule. (Minute Entry, dated August 19, 2008.) After the court granted several requests for extensions of the discovery deadlines, fact discovery closed in the related actions on October 31, 2008 with the exception of discovery relating to handwriting exemplars from plaintiff Washington. (See Minute Entries, dated September 16, 29, October 17, November 24, December 2 & 18, 2008, February 19, 2009.)
DISCUSSION
I. Standard For Motion To Dismiss
Under Federal Rule of Civil Procedure 8(a), complaints (or in the instant case, the cross-claim allegations) must include a “ ‘short and plain statement of the claim showing that the pleader is entitled to relief.’ ” Erickson v. Pardus, 551 U.S. 89, 127 S.Ct. 2197, 2200, 167 L.Ed.2d 1081 (2007) (per curiam) (quoting Fed.R.Civ.P. 8(a)(2)). As the pleadings are closed and as the court determines that the instant motions can be decided on the basis of the pleadings alone, the court shall consider the Appraisers’ motions to dismiss as made pursuant to Fed.R.Civ.P. 12(c).
In deciding a Rule 12(c) motion, courts apply the same standard as that applicable to a motion to dismiss under Rule 12(b)(6). Burnette v. Carothers, 192 F.3d 52, 56 (2d Cir.1999). Accordingly, when considering a motion to dismiss under Rule 12(b)(6), a trial court must “accept as true all factual statements alleged in the [cross-claims] and draw all reasonable inferences in favor of the non-moving party,” McCarthy v. Dun & Bradstreet Corp., 482 F.3d 184, 191 (2d Cir.2007) (citation omitted), although mere “ ‘conclusions of law or unwarranted deductions’ ” need not be accepted. First Nationwide Bank v. Gelt Funding Corp., 27 F.3d 763, 771 (2d Cir.1994) (quoting 2A Moore, James William & Jo Desha Lucas, Moore’s Federal Practice ¶ 12.08, at 2266-69 (2d ed.1984)). Conclusory allegations “ ‘will not suffice to prevent a motion to dismiss.’ ” Smith v. Local 819 I.B.T. Pension Plan, 291 F.3d 236, 240 (2d Cir.2002) (quoting Gebhardt v. Allspect, Inc., 96 F.Supp.2d 331, 333 (S.D.N.Y.2000)). On a motion to dismiss, “[t]he issue is not whether a [cross-claim] plaintiff will ultimately prevail but whether the claimant is entitled to offer evidence to support the claims.” Villager Pond, Inc. v. Town of Darien, 56 F.3d 375, 378 (2d Cir.1995) (quotations omitted).
Moreover, under Supreme Court precedent, a district court must determine whether the “[fjaetual allegations ... raise a right to relief above the speculative level, on the assumption that all the allegations in the [cross-claims] are true (even if doubtful in fact).” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 555, 127 S.Ct. 1955, 167 L.Ed.2d 929 (2007) (citation omitted). Thus, to survive a Rule 12(b)(6) motion to dismiss, the allegations in the cross-claims must meet the standard of “plausibility.” See id. at 563 n. 8, 564, 127 S.Ct. 1955, 167 L.Ed.2d 929 (2007). Twombly does not require that the complaint (or here, the cross-claim) provide “detailed factual allegations,” id. at 555, 127 S.Ct. 1955 however, it must “amplify a *419claim with some factual allegations ... to render the claim plausible.” Iqbal v. Hasty, 490 F.3d 143, 157-158 (2d Cir. 2007).
Although, in the Rule 12(b)(6) context, the court is “normally required to look only to the allegations on the face of the [cross-claim],” it may also “consider documents ... that are attached to the [cross-claim] or incorporated in it by reference .... ” Roth v. Jennings, 489 F.3d 499, 509 (2d Cir.2007). “[E]ven if not attached or incorporated by reference, a document ‘upon which [the cross-claim] solely relies and which is integral to the [cross-claim] ’ may be considered by the court in ruling on such a motion.” Id. (quoting Cortee Indus., Inc. v. Sum Holding L.P., 949 F.2d 42, 47 (2d Cir.1991)) (emphasis in original). “And whatever documents may properly be considered in connection with the Rule 12(b)(6) motion, the bottom line principle is that ‘once a claim has been stated adequately, it may be supported by showing any set of facts consistent with the allegations in the [cross-claim].’ ” Id. at 510 (quoting Twombly, 550 U.S. at 563, 127 S.Ct. 1955).
Accordingly, in determining the adequacy of the UH Defendants’ and U.S. Bank’s cross-claims, the court shall consider the allegations set forth in the cross-claims and the plaintiffs’ complaints, which are integral to the cross-claims, as well as the documents on which the cross-claims rely. See Roth, 489 F.3d at 509; see Fagan v. AmerisourceBergen Corp., 356 F.Supp.2d 198, 220 n. 7 (E.D.N.Y.2004). Although U.S. Bank, Masciale and Gaeta have all attached a variety of documents (in addition to attaching copies of the pleadings) to their motion papers, none of these documents were attached to or incorporated by reference by the pleadings regarding the cross-claims at issue, nor are they documents on which the cross-claims solely rely. Thus, the court declines to consider these documents on a motion to dismiss pursuant to Rule 12(c).
II. There Is No Federal Right To Contribution And/Or Indemnity Under The Fair Housing Act Or 42 U.S.C. §§ 1981,1982 & 1985.
The threshold issue in the instant motion is whether a federal right to contribution and/or indemnity7 is provided by the federal statutes under which the plaintiffs’ claims are brought, i.e. the Fair Housing Act, 42 U.S.C. § 3601 et seq., specifically, 36048 and 36059 and the Civil *420Rights Acts, 42 U.S.C. §§ 1981, 1982 and 1985 (collectively, the “Civil Rights Acts”). A right to contribution and/or indemnity under a federal statute “may arise in either of two ways: first, through the affirmative creation of a right of action by Congress, either expressly or by clear implication; or, second, through the power of federal courts to fashion a federal common law of contribution [and/or indemnity].” Tex. Indus., Inc. v. Radcliff Materials, Inc., 451 U.S. 630, 638, 101 S.Ct. 2061, 68 L.Ed.2d 500 (1981) (citing Northwest Airlines, Inc. v. Transp. Workers, 451 U.S. 77, 90-91, 101 S.Ct. 1571, 67 L.Ed.2d 750 (1981)).
Where a federal statute does not expressly create a right of action for contribution and/or indemnity, “[t]he ultimate question ... is whether Congress intended to create [the remedy of contribution or indemnity].” Northwest Airlines, Inc., 451 U.S. at 91, 101 S.Ct. 1571. “Factors relevant to this inquiry are the language of the statute itself, its legislative history, the underlying purpose and structure of the statutory scheme, and the likelihood that Congress intended to supersede or to supplement existing state remedies.” Id. (citing Cort v. Ash, 422 U.S. 66, 78, 95 S.Ct. 2080, 45 L.Ed.2d 26 (1975)).
As stated above, the right to contribution and/or indemnity may also arise through the power of the federal courts to fashion a federal common law of contribution and/or indemnity. Tex. Indus., Inc., 451 U.S. at 638, 101 S.Ct. 2061. Although it is well known that there is “no federal general common law,” Erie R. Co. v. Tompkins, 304 U.S. 64, 78, 58 S.Ct. 817, 82 L.Ed. 1188 (1938) (emphasis added), the Supreme Court has recognized the need in very limited areas to formulate “federal common law.”10 Tex. Indus., Inc., 451 U.S. at 640, 101 S.Ct. 2061. These instances are “few and restricted,” Wheeldin v. Wheeler, 373 U.S. 647, 651, 83 S.Ct. 1441, 10 L.Ed.2d 605 (1963), and fall into essentially two categories: (1) those in which a federal rule is “necessary to protect a uniquely federal interest,” Banco Nacional de Cuba v. Sabbatino, 376 U.S. 398, 426, 84 S.Ct. 923, 11 L.Ed.2d 804 (1964), such as the definition of rights and duties of the United States, or the resolution of interstate controversies, Northwest Airlines, 451 U.S. at 95, 101 S.Ct. 1571; and (2) those in which Congress has given the court the power to develop substantive law, Tex. Indus., Inc., 451 U.S. at 640, 101 S.Ct. 2061, such as the judiciary’s right to develop a body of labor law based upon the congressional grant of power under section 301 of the Labor Management Relations Act to do such. Textile Workers v. Lincoln Mills, 353 U.S. 448, 457, 77 S.Ct. 912, 1 L.Ed.2d 972 (1957).
As in Texas Industries, the rights to contribution and/or indemnity among alleged violators of the FHA and/or Title 42, *421Chapter 21, civil rights legislation do “not involve the duties of the Federal Government, the distribution of powers in our federal system, or matters necessarily subject to federal control even in the absence of statutory authority.” Tex. Indus., Inc., 451 U.S. at 642, 101 S.Ct. 2061. Accordingly, these rights do not implicate “ ‘uniquely federal interests’ of the kind that oblige courts to formulate federal common law.” Id. Thus, defendants’ right to contribution and/or indemnity in the instant case would only exist under federal common law if Congress had given federal courts the authority to develop federal common law under these particular statutory schemes. See id.
A. There is no federal right to contribution and/or indemnity under the Fair Housing Act.
The Second Circuit has not addressed the issue of whether there is a right to contribution or indemnity under the FHA. Indeed, to date, the only courts to have addressed the issue are United States v. Quality Built Constr., Inc., 309 F.Supp.2d 767 (E.D.N.C.2003), United States v. Gambone Bros. Dev. Co., No. 06 Civ. 1386, 2008 WL 4410093, 2008 U.S. Dist. LEXIS 73503 (E.D.Pa. Sept. 25, 2008), United States v. Shanrie Co., Inc., No. 07 Civ. 491-DRH, 2009 WX 455136, 610 F.Supp.2d 958 (S.D.I11.2009) and Equal Rights Ctr. v. Archstone Smith Trust, 603 F.Supp.2d 814 (D.Md.2009); United States v. Yonkers Board of Education, 594 F.Supp. 466 (S.D.N.Y.1984). Nevertheless, the court is persuaded by the reasoning in these cases, which is predominantly grounded in the Supreme Court’s analysis in Northwest Airlines, Inc. v. Transport Workers Union of Am., 451 U.S. 77, 101 S.Ct. 1571, 67 L.Ed.2d 750 (1981), and finds that there is no right to contribution and/or indemnity under the FHA.
The Fair Housing Act does not provide an express right to contribution or indemnity. See 42 U.S.C. §§ 3601 et seq. Therefore, the question before the court is whether Congress intended to create a right to contribution and/or indemnity under the FHA, ie. whether a cause of action for contribution or indemnity is implied by the statutes themselves. Indeed, the Supreme Court has instructed that where a right of contribution is not expressly stated in a statute, “[t]his omission, although significant, is not dispositive if, among other things, the language of the statute[] indicates that [it] w[as] enacted for the special benefit of a class of which [the plaintiff] is a member.” Northwest Airlines, Inc., 451 U.S. at 91-2, 101 S.Ct. 1571 (footnote omitted).
A consideration of the language of the FHA demonstrates that the UH Defendants and U.S. Bank “are clearly not among the class which the statute[s are] intended to protect, but rather are the parties whose conduct the statute[s are] intended to regulate.” Quality Built Constr., Inc., 309 F.Supp.2d at 778. The definition of an aggrieved person entitled to bring an action under the FHA “includes any person who — (1) claims to have been injured by a discriminatory housing practice; or (2) believes that such a person will be injured by a discriminatory housing practice that is about to occur.” 42 U.S.C. § 3602(i). A “ ‘[discriminatory housing practice’ means an act that is unlawful under section 804, 805, 806, or 818 [codified at 42 U.S.C. §§ 3604, 3605, 3606, or 3617].” 42 U.S.C. § 3602(f). Thus, a discriminatory housing practice includes “discriminating] against any person in the terms, conditions, or privileges of sale or rental of a dwelling ...42 U.S.C. § 3604(b), or “in the terms or conditions of [residential real estate-related] transaction[s, e.g., the making or purchasing of loans], because of race, color, religion, sex, *422handicap, familial status, or national origin.” 42 U.S.C. § 3605(a).
Neither the UH Defendants nor U.S. Bank are “aggrieved persons” entitled to relief under the FHA. The UH Defendants are not persons who have been discriminated against “in the terms, conditions or privileges of sale or rental of a dwelling” because of their “race, color, religion, sex, familial status, or national origin.” 42 U.S.C. § 3604(b); see Gambone Bros. Dev. Co., 2008 WL 4410093, at *7, 2008 U.S. Dist. LEXIS 73503, at *26-7; Shanrie Co., Inc., 2009 WL 455136, at *3, 2009 U.S. Dist. LEXIS 13585, at *7-8. Rather, it is the UH Defendants who allegedly discriminated against first-time minority home-buyers, including the plaintiffs, “in the terms, conditions or privileges of sale ... of a dwelling” because of plaintiffs’ race. (See Compl. ¶ 2.) Similarly, U.S. Bank is not a person who has been discriminated against “in the terms or conditions” of a mortgage because of “race, color, religion, sex, handicap, familial status, or national origin.” 42 U.S.C. § 3605(a); see Gambone Bros. Dev. Co., 2008 WL 4410093, at *7, 2008 U.S. Dist. LEXIS 73503, at *26-27; Shanrie Co., Inc., 2009 WL 455136, at *3, 2009 U.S. Dist. LEXIS 13585, at *7-8. Rather, U.S. Bank is the current holder of the plaintiffs’ allegedly predatory mortgages, which were issued to them by U.S. Bank’s assignor, Alliance. (See Compl. ¶ 2.)
Next, the legislative history is considered to determine whether anything in the history of the statutes supports a right to contribution and/or indemnity. Northwest Airlines, Inc., 451 U.S. at 91, 101 S.Ct. 1571. When it passed the Fair Housing Amendments Act in 1988,
Congress, in discussing the need for enhancing remedies to combat discrimination in housing, determined that enforcement should be bolstered by giving HUD new powers, not by permitting co-defendants to sue each other for contribution [and/or indemnity]. See H.R.Rep. No. 100-711, at 16, reprinted in 1988 U.S.C.C.A.N. 2173, 2177. Notably, in discussing the need for additional private party remedies, the House Report states that “Section 813(c) provides for the types of relief a court may grant. This section is intended to continue the types of relief that are provided under current law, but removes the $ 1000 limitation on the award of punitive damages.” Id. at 39-40, 1988 U.S.C.C.A.N. 2200-01 (emphasis added; internal footnotes omitted.)
Gambone Bros. Dev. Co., 2008 WL 4410093, at *8, 2008 U.S. Dist. LEXIS 73503, at *31 (emphasis in original; footnote omitted). Accordingly, in the case of the FHA, “[t]here is nothing in the legislative history ... which states or implies a right to contribution [and/or indemnity] on behalf of [the][d]efendants.” Quality Built Constr., Inc., 309 F.Supp.2d at 779; Shanrie Co., Inc., 2009 WL 455136, at *3-4, 2009 U.S. Dist. LEXIS 13585, at *9 (same).
Third, the Supreme Court also advises courts to consider the underlying purpose and structure of the statutory scheme to ascertain whether “[t]he comprehensive character of the remedial scheme expressly fashioned by Congress strongly evidences an intent not to authorize additional remedies.” Northwest Airlines, Inc., 451 U.S. at 93-94, 101 S.Ct. 1571 (emphasis added). If “neither the statute nor the legislative history reveals a congressional intent to create a private right of action for the benefit of the plaintiff,” the four-part inquiry articulated in Cort, 422 U.S. at 78, 95 S.Ct. 2080 and applied in Northwest Airlines need not be carried further. Northwest Airlines, Inc., 451 U.S. at 94 n. 31, 101 S.Ct. 1571. Indeed, “[t]he presumption that a remedy was deliberately omitted from a statute is strongest when Congress has enacted a *423comprehensive legislative scheme including an integrated system of procedures for enforcement.” Tex. Indus., Inc., 451 U.S. at 645, 101 S.Ct. 2061. A review of the FHA reveals that, like the statutes at issue before the Supreme Court in Northwest Airlines and Texas Industries, the FHA is a comprehensive statute and nothing in its structure supports a right to contribution and/or indemnity. See Gambone Bros. Dev. Co., 2008 WL 4410093, at *8, 2008 U.S. Dist. LEXIS, at *29; Quality Built Constr., Inc., 309 F.Supp.2d at 778; see also Northwest Airlines, Inc., 451 U.S. at 93, 101 S.Ct. 1571. “In structuring the FHA[ ], Congress failed to provide a contribution or indemnification remedy for one defendant against a ... co-defendant. The failure to include such a remedy ‘raises the presumption that Congress deliberately intended that each [co-defendant] have a non-indemnifiable, non-delegable duty to comply with the FHA.’ ” Shanrie Co., Inc., 2009 WL 455136, at *2-4, 2009 U.S. Dist. LEXIS 13585, at *8-9 (quoting Gambone Bros. Dev. Co., 2008 WL 4410093, at *8, 2008 U.S. Dist. LEXIS 73503, at *29). “Nothing in the structure of the FHA[] supports a finding that a right to contribution [and/or indemnity] is implied.” Quality Built Constr., Inc., 309 F.Supp.2d at 778.
The comprehensive character of the FHA also precludes a finding that a federal common law right to contribution and/or indemnity exists under the FHA. As noted above, as the right to contribution and/or indemnity under the FHA does not implicate “uniquely federal interests,” the defendants’ right to contribution and/or indemnity in the instant case would only exist under federal common law if Congress had given the federal courts the authority to develop common law under the FHA. See Tex. Indus., Inc., 451 U.S. at 641, 101 S.Ct. 2061. Congress, however, created the FHA as a comprehensive remedial statute and in doing so, did not include any provision permitting the federal courts to develop federal common law under the FHA. “In sum, the unmistakable thrust of Supreme Court precedent is that Congress’ selection (and non-selection) of remedies in comprehensive remedial federal statutes, especially anti-discrimination statutes, is not a proper subject with which federal or state courts ought to tinker.” Equal Rights Ctr., 603 F.Supp.2d at 822, 2009 WL 724038, at *8, 2009 U.S. Dist. LEXIS 23301, at *22-23.
Accordingly, consistent with the Supreme Court’s analysis in Northwest Airlines and Texas Industries, as well as the limited precedent available from other circuits, the court finds that nothing suggests that Congress intended to create a right to contribution and/or indemnity under the FHA or to permit the federal courts to create a federal common law right to contribution and/or indemnity under the FHA. Thus, the court holds that there is no right to contribution or indemnity under the FHA.
B. There is no federal right to contribution and/or indemnity under the Civil Rights Acts, 42 U.S.C. §§ 1981, 1982 & 1985.
1. The Civil Rights Acts do not provide for an implied cause of action for contribution and/or indemnity.
The Civil Rights Acts embodied in sections 1981,11 198212 and 198513 of Title 42, Chapter 21 of the United States Code *424do not provide an express right to contribution or indemnity. See 42 U.S.C. §§ 1981, 1982 & 1985. Further, the court finds that no implied cause of action for contribution and/or indemnity exists under the Civil Rights Acts.
In considering the first factor under the Northwest Airlines analysis, there is nothing in the language of the Civil Rights Acts that indicates that these statutes “were enacted for the special benefit of a class of which [either the UH Defendants or U.S. Bank] is a member.” Northwest Airlines, Inc., 451 U.S. at 91-92, 101 S.Ct. 1571 (footnote omitted). Rather, as with the FHA, the UH Defendants and U.S. Bank are the parties whose conduct the Civil Rights Acts are intended to regulate. It is the UH Defendants and U.S. Bank (as assignee of the plaintiffs’ mortgages) who are alleged to have deprived plaintiffs of their right to the “full and equal benefit of all laws” “to make and enforce contracts,” 42 U.S.C. § 1981, to purchase real property, 42 U.S.C. § 1985, and who are alleged to have engaged in a conspiracy to do so, id. (See Compl. ¶ 2.) Contribution and/or indemnity rights should not be read into federal statutes to protect the persons regulated by the statute at the expense of the persons protected by the statute. Northwest Airlines, Inc., 451 U.S. at 91-92,101 S.Ct. 1571 (“Neither the Equal Pay Act nor Title VII expressly creates a right to contribution in favor of employers ... [as] it cannot possibly be said that employers are members of the class for whose especial benefit either the Equal Pay Act or Title VII was enacted”); Tex. Indus., Inc., 451 U.S. at 639-40, 101 S.Ct. 2061 (“Moreover, it is equally clear that the Sherman Act and the provision for treble-damages actions under the Clayton Act were not adopted for the benefit of the participants in a conspiracy to restrain trade. On the contrary, petitioner is a member of the class whose activities Congress intended to regulate for the protection and benefit of an entirely distinct class .... The absence of any reference to contribution in the legislative history or of any possibility that Congress was concerned with softening the blow of joint wrongdoers ... [indicates] that Congress neither expressly or implicitly intended to create a right to contribution.”) (emphasis in original; citations and quotations omitted).
The language of the Civil Rights Acts, as well as the legislative histories of sections 1981, 1982 and 1985, the second factor of the Northwest Airlines inquiry, demonstrate that the purpose of the Civil Rights Acts is “ ‘to protect from discrimi*425nation identifiable classes of persons who are subjected to intentional discrimination because of their ancestry or ethnic characteristics.’ ” Reyes v. Erickson, 238 F.Supp.2d 632, 638 (S.D.N.Y.2003) (quoting Saint Francis Coll. v. Al-Khazraji, 481 U.S. 604, 613, 107 S.Ct. 2022, 95 L.Ed.2d 582 (1987)) (discussing the purpose of section 1981); CBOCS West, Inc. v. Humphries, —• U.S.-, 128 S.Ct. 1951, 1956, 170 L.Ed.2d 864 (2008) (“the Court has construed §§ 1981 and 1982 alike because it has recognized the sister statutes’ common language, origin, and purposes. Like § 1981, § 1982 traces its origin to § 1 of the Civil Rights Act of 1866 [ (“1866 Act”) ], 14 Stat. 27. Like § 1981, § 1982 represents an immediately post-Civil War legislative effort to guarantee the then newly freed slaves the same legal rights that other citizens enjoy.... Indeed, § 1982 differs from § 1981 only in that it refers, not to the ‘right ... to make and enforce contracts,’ 42 U.S.C. § 1981(a), but to the ‘right ... to inherit, purchase, lease, sell, hold, and convey real and personal property.’ ”) (emphasis added) (citations omitted). Similarly, “[sjection 1985 has its historical roots in the Civil Rights Act of 1871 ... which is commonly referred to as the Ku Klux Klan Act.... [T]he objective of the 1871 Act was ... to protect blacks and black sympathizers from rampant vigilantism in the South and to ensure these oppressed groups access to the courts and polling places.” Keating v. Carey, 706 F.2d 377, 389-90 (2d Cir.1983) (Meskill, J. concurring and dissenting); Griffin v. Breckenridge, 403 U.S. 88, 100, 91 S.Ct. 1790, 29 L.Ed.2d 338 (1971) (“The object of [section 1985(3) ] is ... to confine the authority of this law to the prevention of deprivations which shall attack the equality of rights of American citizens; that any violation of the right, the animus and effect of which is to strike down the citizen, to the end that he may not enjoy equality of rights as contrasted with his and other citizens’ rights, shall be within the scope of the remedies of this section.”) (quotations omitted). Thus, the legislative histories of sections 1981, 1982 and 1985 clearly indicate that Congress did not intend to provide defendants, i.e., those who allegedly discriminated against persons protected by the Civil Rights Acts, with any rights to alleviate the liabilities resulting from their discriminatory conduct, including rights to contribution and/or indemnity.
Nor does the third factor of the Northwest Airlines analysis, i.e. the underlying purpose and the structure of the statutory scheme, weigh in favor of allowing contribution and/or indemnity claims under the Civil Rights Acts. As set forth above, the “underlying purpose” of the Civil Rights Acts is to protect individuals from discrimination. Thus, although the structure of the Civil Rights Acts could be interpreted to “authorize additional remedies” under § 198814 of the Civil Rights Acts, the court finds that § 1988 does not “authorize *426additional remedies” for the benefit of defendants who allegedly engaged in the prohibited discriminatory conduct. Cf. Northwest Airlines, Inc., 451 U.S. at 93-94, 101 S.Ct. 1571 (if “the comprehensive character of the remedial scheme expressly fashioned by Congress strongly evidences an intent not to authorize additional remedies,” then the presumption that a remedy not expressly provided for in the legislative scheme was deliberately omitted is strong.)
In line with Supreme Court precedent, the court recognizes that, inter alia, section 1988 renders the statutory scheme of the Civil Rights Act less comprehensive than the legislative schemes provided by the FHA or Title VII, for example.
The century-old Civil Rights Acts do not contain every rule of decision required to adjudicate claims asserted under them. In the absence of specific guidance, Congress has directed federal courts [under 42 U.S.C. § 1988] to follow a three-step process to borrow an appropriate rule. 42 U.S.C. § 1988. First, courts are to look to the laws of the United States “so far as such laws are suitable to carry [the civil and criminal civil rights statutes] into effect.” Ibid. If no suitable federal rule exists, courts undertake the second step by considering application of state “common law, as modified and changed by the constitution and statutes” of the forum State. Ibid. A third step asserts the predominance of the federal interest: courts are to apply state law only if it is not “inconsistent with the Constitution and laws of the United States.” Ibid.
Burnett v. Grattan, 468 U.S. 42, 47-48, 104 S.Ct. 2924, 82 L.Ed.2d 36 (1984).
The court finds, however, in keeping with the underlying purpose of the Civil Rights Acts, that Congress did not intend to create an implied cause of action for contribution and/or indemnity to benefit defendants sued under the Civil Rights Acts. See zGray v. City of Kansas City, 603 F.Supp. 872, 874 (D.Kan.1985) (“Although [the Civil Rights Acts] are less comprehensive than either Title VII or the Equal Pay Act (a factor cited in Northwest Airlines as tending to negate any implied contribution remedy under those statutes), we attach little weight to this distinction. The federal antitrust laws are at least as skeletal as these civil rights statutes, and yet they have been held to create no implied cause of action for contribution.”)
The “presumption” that the remedy of contribution and/or indemnity was deliberately omitted from the Civil Rights Acts may not be as strong as in those circumstances when Congress has “enacted a comprehensive legislative scheme including an integrated system of procedures for enforcement,” e.g. Title VII or the FHA. Tex. Indus., Inc., 451 U.S. at 645, 101 S.Ct. 2061 (quotations omitted). In light of the clear legislative histories and language of the Civil Rights Acts evidencing no congressional intent to include any rights to contribution and/or indemnity among co-defendants, the court finds that the right to contribution and/or indemnity under the Civil Rights Acts was deliberately omitted by Congress.
2. There is no right for contribution and/or indemnity under federal common law.
Neither can claims for indemnity and/or contribution exist under federal common *427law as the right to contribution and/or indemnity under the Civil Rights Acts does “not involve the duties of the Federal Government, the distribution of powers in our federal system, or matters necessarily subject to federal control even in the absence of statutory authority,” and thus, does not implicate “‘uniquely federal interests’ of the kind that oblige courts to formulate federal common law.” Id. at 642, 101 S.Ct. 2061. Defendants’ right to contribution and/or indemnity in the instant case, therefore, would only exist under federal common law, if Congress, through the Civil Rights Acts, had given federal courts the authority to develop federal common law in relation to the Acts. See id. Congress never bestowed such an authority on the federal courts.
While it is true that section 1988 permits the federal courts, in the absence of suitable federal law provisions, to consider state common law in adjudicating causes of action under the Civil Rights Acts, section 1988 does not authorize federal courts to create federal common law.15 Rather, as the Supreme Court unambigu-
ously stated in Moor: “§ 1988 ... was obviously intended to do nothing more than to explain the source of law to be applied in actions brought to enforce the substantive provisions of the [Civil Rights] Act[s].... To hold otherwise would tear § 1988 loose from its roots in § 3 of the 1866 Civil Rights Act. This we will not do.” Moor, 411 U.S. at 705, 93 S.Ct. 1785 (emphasis added). Simply stated, section 1988 is a choice of law provision, nothing more. See Hepburn, 324 F.Supp.2d at 757; Johnson, 575 F.2d at 474.16 Thus, the court finds that there is neither an implied nor a federal common law right to contribution and/or indemnity under the Civil Rights Acts, 42 U.S.C. §§ 1981, 1982 and 1985.
3. Section 1988 does not provide an independent right to contribution and/or indemnity.
As noted above, no federal law exists with regard to the rights to contribution and/or indemnity; there is no provision for contribution and/or indemnity in sections 1981, 1982 or 1985, nor is there a federal common law right to contribution and/or indemnity.17 See 42 U.S.C §§ 1981, *4281982 & 1985; see also Northwest Airlines, Inc., 451 U.S. at 86, 101 S.Ct. 1571 (“At common law there was no right to contribution among joint tortfeasors.”) Thus, where “federal law is unsuited or insufficient ‘to furnish suitable remedies,’ ” section 1988 authorizes federal courts to invoke state law so long as the state law provides a remedy that is “not inconsistent with the Constitution and laws of the United States.” Moor, 411 U.S. at 703, 93 S.Ct. 1785.
Although New York law generally allows contribution claims under Section 1401 of the New York Civil Practice Law and Rules, N.Y. C.P.L.R. § 1401 (2009), and indemnity claims under New York common law, see Rosado v. Proctor & Schwartz, Inc., 66 N.Y.2d 21, 23, 494 N.Y.S.2d 851, 484 N.E.2d 1354 (1985), these state law claims for contribution and/or indemnity must be compared with the principles underlying the federal Civil Rights Acts in accordance with the three step analysis outlined in Burnett. See Burnett, 468 U.S. at 47-48, 104 S.Ct. 2924. If the court finds an inconsistency between the application of the state law and the principles of the federal legislation, the state law will be rejected. In the instant case, the court agrees with decisions issued in this Circuit holding that such state law claims for contribution and/or indemnification are “irrelevant to and inconsistent with the purpose and policy of the federal civil rights laws, and [are], therefore, specifically excluded from consideration under 42 U.S.C. § 1988.” Koch v. Mirza, 869 F.Supp. 1031, 1041 (W.D.N.Y.1994).
As previously discussed, the “primary objectives [of the 1866 and 1871 Acts] were to establish and protect federal civil rights and thereby remove from the legal system, the discrimination created by slavery and its incidents.” Id. at 1041; Reyes, 238 F.Supp.2d at 638; Griffin, 403 U.S. at 100, 91 S.Ct. 1790. And section 1988, which “first appeared in Section 3 of the Civil Rights Act of 1866, 14 Stat. 27 (1866),” Koch, 869 F.Supp. at 1040., provided the *429“necessary machinery to give effect to what are declared to be the rights of all persons in [the 1866 and 1871 Acts and the Constitution].” Koch, 869 F.Supp. at 1041 (emphasis in original). Thus, based on this legislative history, the application of state law under § 1988 would be inconsistent with the objectives of the Civil Rights Acts as state law claims for contribution and/or indemnity claims do not assist “federal civil rights plaintiffs in pursuing their claims.” Id. Rather, such claims would actually assist the alleged violators of the Civil Rights Acts.18 Koch, 869 F.Supp. at 1041.
Moreover, contribution and/or indemnity claims may actually hinder a plaintiffs ability to obtain relief under the Civil Rights Acts by “injecting] issues into the litigation which could interfere with the prompt and orderly trial of such cases,” id., or, as here, by threatening to frustrate the settlement of claims against co-defendants. Accordingly, “it is clear that common law or statutory indemnity and contribution principles serve different interests than the constitutional values sought to be vindicated in [an] action [brought under the Civil Rights Acts],” and § 1988 cannot serve as an avenue through which a state law claim for contribution and/or indemnity may be brought.19 Koch, 869 F.Supp. at 1041.
III. Under N.Y. Gen. Oblig. Law § 15-108, There Is No Right To Contribution From Settling Defendants.
New York provides for a statutory right of contribution under N.Y. C.P.L.R. § 1401, which provides in relevant part:
Except as provided in section[] 15-108 ... of the general obligations law, ... two or more persons who are subject to liability for damages for the same personal injury, injury to property or wrongful death, may claim contribution among them whether or not an action has been brought or a judgment has been rendered against the person from whom contribution is sought.
N.Y. C.P.L.R. § 1401. Although contribution is most commonly sought between joint tortfeasors, section 1401 is “intentionally open-ended” and only requires that there be “ ‘two or more persons who are subject to liability for damages for the same personal injury, injury to property or wrongful death.’” 1-10 Weinstein, Jack B., Harold L. Korn & Arthur R. Miller, CPLR Manual § 10.02(a) (2008) (quoting N.Y. C.P.L.R. § 1401). “In recommending the adoption of the section, the Judicial Conference indicated its intent that the language be construed as broadly as it read.” Id. Accordingly, in addition to tort, breach of warranty actions, actions based on statutory violations, a variety of negligence actions, professional malpractice ac*430tions, strict products liability actions, and misrepresentation (fraud) actions are all actions in which contribution could be claimed under section 1401. See id. (citing Moreno v. Galdorisi, 39 A.D.2d 450, 336 N.Y.S.2d 646, 647 (2d Dep’t 1972); Schauer v. Joyce, 54 N.Y.2d 1, 444 N.Y.S.2d 564, 429 N.E.2d 83 (1981), Hughes v. Ataka Am., Inc., 48 A.D.2d 808, 369 N.Y.S.2d 723 (1st Dep’t 1975); Doundoulakis v. Town of Hempstead, 42 N.Y.2d 440, 398 N.Y.S.2d 401, 368 N.E.2d 24 (1977); Liggett & Myers, Inc. v. Bloomfield, 380 F.Supp. 1044 (S.D.N.Y.1974); Corva v. United Servs. Auto. Ass’n, 108 A.D.2d 631, 485 N.Y.S.2d 264 (1st Dep’t 1985)).
Thus, under N.Y. C.P.L.R. § 1401, the UH Defendants’ claims for contribution could be founded on every state law cause of action asserted by the plaintiffs in the three related actions, including violations of New York’s consumer protection statute, i.e. New York General Business Law § 349, state and local anti-discrimination statutes, including New York State Executive Law § 296(5) and Title 8 of the New York City Administrative Code, and plaintiffs’ state-law claims for fraud, conspiracy to commit fraud, and negligence. Nevertheless, irrespective of the type of claim for which the UH Defendants seek contribution, if the Appraisers enter into a settlement agreement with the plaintiffs wherein they procure a release of plaintiffs’ claims, the UH Defendants’ claims for contribution against the Appraisers will be barred under New York General Obligation Law § 15-108.
N.Y. Gen. Oblig. Law § 15-108 provides in pertinent part:
(a).... When a release or a covenant not to sue or not to enforce a judgment is given to one of two or more persons liable or claimed to be liable in tort for the same injury, or the same wrongful death, it does not discharge any of the other tortfeasors from liability for the injury or wrongful death unless its terms expressly so provide, but it reduces the claim of the releasor against the other tortfeasors to the extent of any amount stipulated by the release or the covenant, or in the amount of the consideration paid for it, or in the amount of the released tortfeasor’s equitable share of the damages under article fourteen of the civil practice law and rules, whichever is the greatest.
(b).... A release given in good faith by the injured person to one tortfeasor as provided in subdivision (a) relieves him from liability to any other person for contribution as provided in article fourteen of the civil practice law and rules....
At the outset, the court notes that although § 15-108 is phrased solely in terms of “tortfeasors”, § 15-108 is “applicable to any litigation in which a CPLR article 14 right of contribution arises.” County of Westchester v. Welton Becket Assocs., 102 A.D.2d 34, 478 N.Y.S.2d 305, 313 (2d Dep’t 1984). As § 15-108(a) and (b) both make specific reference to contribution claims under article 14 of the C.P.L.R., C.P.L.R. § 1401 must be read in conjunction with N.Y. Gen. Oblig. Law § 15-108. Welton Becket Assocs., 478 N.Y.S.2d at 313; see McDermott v. City of New York, 50 N.Yüd 211, 219, 428 N.Y.S.2d 643, 406 N.E.2d 460 (1980) (“ ‘[even] upon a cursory reading of the statute, it becomes evident that section 15-108 is meant to be read in conjunction with the contribution rights set forth in article 14 of the CPLR”) (quoting Riviello v. Waldron, 47 N.Y.2d 297, 306, 418 N.Y.S.2d 300, 391 N.Eüd 1278 (1979)). Accordingly, as section 1401 “is applicable to any situation in which two or more persons can be held liable for causing the same injury,” so is N.Y. Gen. Oblig. Law § 15-108 ap*431plicable. Welton Becket Assocs., 478 N.Y.S.2d at 313; see Minpeco, S.A v. Conticommodity Servs., Inc., 677 F.Supp. 151, 153 (S.D.N.Y.1988) (“Although the language of the statute refers to torts, it has been interpreted to bar claims for contribution arising under common law fraud and state securities fraud statutes.”) (citing First Fed. Sav. & Loan v. Oppenheim, Appel, Dixon & Co., 631 F.Supp. 1029 (S.D.N.Y.1986)). Thus, section 15-108 will bar any claim for contribution against the Appraisers, provided that they enter into settlement agreements with and obtain releases from the plaintiffs, where the contribution claims are derivative of the state claims sounding in tort, contract, statutory violations, fraud and/or negligence.
Like the circumstances present in the instant case, “[t]he [New York State] Legislature recognized that contribution rights [sometimes had] the unintended consequence of inhibiting out-of-court settlements” in multi-party actions. Orsini v. Kugel, 9 F.3d 1042, 1046 (2d Cir.1993). Thus, the legislature enacted § 15-108 to limit non-settling defendants’ (and/or third parties’) rights to recover contribution from settling defendants. See id. The primary purpose of section 15-108, therefore, is to “ ‘promote settlements in multiparty ... cases,’ ” Carrion, 2002 WL 31107747, at *3-4, 2002 U.S. Dist. LEXIS 17829, at *11 (quoting Rock v. Reed-Prentice Div. of Package Mach. Co., 39 N.Y.2d 34, 382 N.Y.S.2d 720, 723, 346 N.E.2d 520 (1976)), by permitting a settling defendant to “buy[] his peace.” Conrad v. BeckTurek, Ltd., 891 F.Supp. 962, 965-66 (S.D.N.Y.1995) (Section 15-108 “extinguishes any claim for contribution against the settling tortfeasor.”); Minpeco, S.A., 677 F.Supp. at 154 (“One of, if not the major purpose of [§ 15-108] [is] to eneourage settlement between plaintiffs and defendants ....”) Given the legislative purpose of the statute, where, as here, certain of the co-defendants refuse voluntarily to withdraw their claims for contribution against the settling defendants, the court sees no reason why the co-defendants’ state law contribution claims should not be dismissed pursuant to N.Y. Gen. Oblig. Law § 15-108.
Although promoting settlement in multiparty actions is the primary purpose of section 15-108, U.S. Bank20 is correct that “the statute is concerned as well with assuring that a nonsettling defendant does not pay more than its equitable share,” i.e., non-settling defendants only pay proportional to their liability. Williams v. Niske, 81 N.Y.2d 437, 599 N.Y.S.2d 519, 523, 615 N.E.2d 1003 (1993); Whalen v. Kawasaki Motors Corp. 92 N.Y.2d 288, 292, 680 N.Y.S.2d 435, 703 N.E.2d 246 (1998) (Section 15-108 “is also concerned with ensuring equity”). The court disagrees, however, with U.S. Bank’s next series of assumptions and summary conclusions. U.S. Bank contends that, if plaintiffs secure judgment after trial, not only will U.S. Bank “bear the entire cost of the judgment when it should have to pay none of it,” but also “[U.S. Bank] will never be able to recover the Appraiser Defendants’ portion of judgment” thus conflicting with the payment proportionality goal of § 15-108. (U.S. Bank Opp., p. 12.) Notably, U.S. Bank does recognize that it would be entitled to a proportional offset of the settlement amounts and would still have the right to seek contribution from its non-settling co-defendants, but “only to the extent that each is found liable.” (Id.)
Indeed, in actions
*432involving multiple defendants where a plaintiff settles with one or more defendants before trial, and proceeds to trial against the remaining defendants, General Obligations Law § 15-108(a) permits nonsettling defendants a monetary offset against the amount of a verdict. The permitted reduction is the greatest of three items: (a) the amount stipulated as consideration for the release; (b) the amount actually paid for the release; or (c) the settling tortfeasor’s equitable share of plaintiffs damages (General Obligations Law § 15 — 108[a]).
Whalen, 92 N.Y.2d at 292, 680 N.Y.S.2d 435, 703 N.E.2d 246 (emphasis added). Thus, at the very least, U.S. Bank’s damages, if any, will be reduced by the greater of either what the court or the jury designates as the Appraiser’s equitable share of the liability or the amounts the Appraisers agreed to pay or paid to the plaintiffs in their respective settlement agreements. Accordingly, the court finds that the dual goals of section 15-108, ie., promoting settlement and ensuring equitable outcomes among the parties, are best served by dismissing the UH Defendants’ claims for contribution if, and only if, the Appraisers settle and obtain releases from the plaintiffs.
Moreover, the court recognizes that Section 15-108 states that a release relieves the settling party from “liability to any other person for contribution.” Minpeco, S.A, 677 F.Supp. at 154 (quotations omitted) (collecting cases). Insofar as any of the other co-defendants in the three related actions assert contribution claims against the Appraisers, they too will be barred if and when the Appraisers consummate a settlement and release with the plaintiffs. Thus, if, and only if the Appraisers enter into binding settlement agreements with the plaintiffs in which the plaintiffs agree to release the Appraisers from any liability resulting from the underlying causes of action, the court will dismiss all state law contribution claims asserted against the Appraisers by their co-defendants as barred under N.Y. Gen. Oblig. Law § 15-108.
IY. U.S. Bank’s Request For Leave To Amend Its Answer To Include A Cross-Claim For Contribution Against The Appraisers Is Denied As Futile.
U.S. Bank only seeks indemnity and not contribution in its cross-claims against co-defendants. However, U.S. Bank now seeks to amend its answer to include a cross-claim for contribution against the Appraisers. The court denies this request.
Under Federal Rule of Civil Procedure 15(a)(2),
“[t]he court should freely give leave [to amend pleadings] when justice so requires.” A “motion to amend should be denied if there is an ‘apparent or declared reason — such as undue delay, bad faith or dilatory motive ..., repeated failure to cure deficiencies by amendments previously allowed, undue prejudice to the opposing party by virtue of the allowance of the amendment, [or] futility of amendment.”
Dluhos v. Floating & Abandoned Vessel Known as “New York, ” 162 F.3d 63, 69 (2d Cir.1998) (quoting Foman v. Davis, 371 U.S. 178, 182, 83 S.Ct. 227, 9 L.Ed.2d 222 (1962)). An amendment is futile when the proposed new claim would not withstand a motion to dismiss under Federal Rule of Civil Procedure 12(b)(6). Milanese v. Rust-Oleum Corp., 244 F.3d 104, 110 (2d Cir.2001); see Whimsicality, Inc. v. Battat, 27 F.Supp.2d 456, 465 (S.D.N.Y.1998) (court may deny leave to amend where the claim to be added would fail to state a claim upon which relief may be granted).
As set forth above, if the Appraisers consummate their settlements with the plaintiffs, a cross-claim for contribution by *433U.S. Bank against the Appraisers would be subject to “immediate dismissal” for failure to state a claim for which relief may be granted. See Jones v. New York State Div. of Military & Naval Affairs, 166 F.3d 45, 55 (2d Cir.1999). Not only does federal law foreclose a claim for contribution under the FHA and the Civil Rights Acts, but N.Y. Gen. Oblig. Law § 15-108 also forecloses a state law claim for contribution by U.S. Bank against the settling Appraisers. Accordingly, U.S. Bank’s motion to amend its complaint to add a claim for contribution against the Appraisers is denied, provided the Appraisers consummate a settlement with and obtain a release from the plaintiffs. Moreover, as discussed infra, U.S. Bank’s motion to amend is also denied on the basis of undue delay and prejudice to the opposing party.
Y. Under New York Law, The UH Defendants And U.S. Bank Are Not Entitled To Indemnity From The Appraisers.
Under New York law,
Indemnity ... involves an attempt to shift the entire loss from one who is compelled to pay for a loss, without regard to his own fault, to another person who should more properly bear responsibility for that loss because he was the actual wrongdoer. The right to indemnification may be created by express contract, but the contract is often one implied by law to prevent an unjust enrichment or an unfair result.
Welton Becket Assocs., 478 N.Y.S.2d at 314; Hayden v. Hevesi, No. 05 Civ. 0294E(SR), 2007 WL 496369, at *4, 2007 U.S. Dist. LEXIS 10336, at *12 (W.D.N.Y. Feb. 12, 2007) (“under New York law, indemnification is available only where there is evidence of either an express or implied agreement between the parties.”) (citing Rosado v. Proctor & Schwartz, Inc., 66 N.Y.2d 21, 494 N.Y.S.2d 851, 853, 484 N.E.2d 1354 (1985)). Here, there are no express contracts between the Appraisers and the UH Defendants or between the Appraisers and U.S. Bank. Accordingly, a right to indemnification from the Appraisers, if any, must be found in a contract implied by law (“implied indemnification”).
“Conceptually, implied indemnification finds its roots in the principles of equity---- Thus, the rule developed that ‘[where] payment by one person is compelled, which another should have made * * * a contract to reimburse or indemnify is implied by law’ (Brown v. Rosenbaum, 287 N.Y. 510, 518-519, 41 N.E.2d 77; Dunn v. Uvalde Asphalt Paving Co., supra, [175 N.Y. 214] at pp. 217-218[, 67 N.E, 439 (1903)]).” McDermott, 428 N.Y.S.2d at 646, 406 N.E.2d 460. For example, New York courts have recognized an implied contract of indemnity in favor of a “passive[ly] negligen[t]” tortfeasor against an “actively negligent” tortfeasor. Rock, 382 N.Y.S.2d at 722, 346 N.E.2d 520. “The actively negligent tortfeasor is considered the primary or principal wrongdoer and is held responsible for his negligent act not only to the person directly injured thereby, but also to any other person indirectly harmed by being cast in damages by operation of law for the wrongful act.” Id. (quotations omitted). As one court noted,
[i]n some instances the law imposes liability on a person who has in fact committed no actual wrong, but who is held responsible for a loss as a matter of social policy because he is in a position to spread the risk of the loss to society as a whole. Thus, for example, an employer may be held liable for the wrongdoing of his employee, the owner of a vehicle may be held responsible for the tortious operation of the vehicle by another which results in injury, or an owner of property may be held liable for the wrongdoing of his contractor.
*434Welton Bechet Assocs., 478 N.Y.S.2d at 314 (citations omitted; emphasis added). In such instances of vicarious liability, “[i]m-plied indemnity is frequently employed in favor of one who is vicariously liable for the tort of another.” Rosado, 494 N.Y.S.2d at 853, 484 N.E.2d 1354.
Regardless of the circumstances, however, “an indemnity cause of action can be sustained only if the third-party plaintiff and the third-party defendant have breached a duty to plaintiff and also if some duty to indemnify exists between them.” Id. (quotations omitted; emphasis added). Whether or not the UH Defendants, U.S. Bank, and the Appraisers do in fact owe a separate and distinct duty to the plaintiffs, the court finds that no duty to indemnify exists between either the Appraisers and the UH Defendants or the Appraisers and U.S. Bank, and thus, neither U.S. Bank nor the UH Defendants have a right to implied indemnification from the Appraisers.
The UH Defendants are correct that “privity of contract is not essential to the existence of an implied right of indemnity.” (UH Defendants Opp., p. 9 (citing Schwartz v. Merola Bros. Constr. Corp., 263 A.D. 631, 34 N.Y.S.2d 220 (1st Dep’t 1942))). Nevertheless, implied indemnification is only available if an agreement to indemnify can be implied between the parties, Hayden, 2007 WL 496369, at *4, 2007 U.S. Dist. LEXIS 10336, at *12, due to some special relationship that exists between them or some obligation imposed by law. 23 N.Y. Jur.2d, Contribution, Indemnity, and Subrogation, § 90. No such special relationship or legal obligation exists between the UH Defendants and the Appraisers. Moreover, with respect to Alliance, as the “only duty an appraiser owes is to the mortgage lender,” Phillips v. Better Homes Dep’t, Inc., No. 02 Civ. 1168(ERK), 2003 U.S. Dist. LEXIS 27299, at *78 (E.D.N.Y. Nov. 12, 2003), the Appraisers are under no legal obligation to indemnify the UH Defendants as sellers of the property.
The UH Defendants contend that if they are successful in their defense of the three related actions, then they are entitled, on the basis of implied indemnity, to recover from the Appraisers their costs, expenses and attorneys’ fees incurred in defending the related actions. (UH Defendants Opp., p. 10.) In support of this proposition, the UH Defendants cite only one 1986 decision from the County Court of New York, Erie County, Independence Leasing Corp. v. Aquino, 133 Misc.2d 564, 506 N.Y.S.2d 1003 (Erie Co.1986). (Id., pp. 10-11.) Aquino, however, does not explain how a party who successfully defended an action is entitled to indemnification when a valid claim for indemnity requires, at the very least, that the party seeking indemnification was “held liable to the injured party.” Trs. Of Columbia Univ. v. Mitchell/Giurgola Assocs., 109 A.D.2d 449, 492 N.Y.S.2d 371, 374 (1st Dep’t 1985); Smith v. N.Y. Enter. Of Am., Inc., No. 06 Civ. 3082 (PEL), 2008 WL 2810182, at *8, 2008 U.S. Dist. LEXIS 55059, at *26 (S.D.N.Y. Jul. 21, 2008) (a party is not entitled to indemnification if it is found “free from liability”). If, as the UH Defendants assert in their hypothetical, the UH Defendants successfully defend and are therefore found not liable for plaintiffs’ claims, then the UH Defendants have no right to indemnification from the Appraisers or from any other party. This finding is consistent with the “general rule” under New York law, set forth by the Court of Appeals, that “attorney’s fees are incidents of litigation and a prevailing party may not collect them from the loser unless an award is authorized by agreement between the parties, statute or court rule.” Hooper Assocs., Ltd. v. AGS Computers, Inc., 74 N.Y.2d 487, 491, 549 N.Y.S.2d 365, 548 N.E.2d 903 (1989) (citations omitted); *435Baker v. Health Mgmt. Sys., Inc., 98 N.Y.2d 80, 745 N.Y.S.2d 741, 742, 772 N.E.2d 1099 (2002)(same). Thus, in the absence of any direct relationship between the UH Defendants and the Appraisers or any obligation created by law, the court holds that the UH Defendants’ claims for indemnity from the Appraisers must fail as a matter of law.
U.S. Bank’s argument for a claim of indemnity against the Appraisers, on the other hand, is primarily based on U.S. Bank’s contention that it has an “implied contractual relationship” with the Appraisers as a result of U.S. Bank’s purchase of the plaintiffs’ mortgages from Alliance, the original lender — extrapolating that the duty of care owed to Alliance from the Appraisers extends to U.S. Bank. (U.S. Bank Opp., pp. 8-9.) New York courts, however, have implied a right to indemnification only where the proposed indemnitor has a direct relationship with the proposed indemnitee. McDermott, 428 NY.S.2d at 647, 406 N.E.2d 460 (the manufacturer of a defective product has a duty to indemnify the direct purchaser of the defective product for injuries caused to a third party); McFall v. Compagnie Maritime Belge (Lloyd Royal) S.A, 304 NY. 314, 107 N.E.2d 463 (1952) (where contractor entered into an agreement with the shipowner to perform loading operations, shipowner could seek indemnification from contractor for injuries to plaintiff resulting from contractor’s negligence); Tipaldi v. Riverside Mem’l Chapel, Inc., 273 A.D. 414, 78 NY.S.2d 12, 16-17 (1st Dep’t 1948) (owner of property had a right to indemnification from its general contractor with whom it had entered into an express contract for service); Rogers v. Dorchester Assocs., 32 N.Y.2d 553, 347 N.Y.S.2d 22, 30, 300 N.E.2d 403 (1973) (where an elevator maintenance company entered into a maintenance contract with the owner and manager of an apartment building, the company had a duty to indemnify the owner and manager for elevator-related injuries sustained by a tenant of the building).
Here, there is no direct relationship between U.S. Bank and the Appraisers to create either an express or implied duty on the part of the Appraisers to indemnify U.S. Bank. Moreover, indemnification of U.S. Bank by the Appraisers would not advance social policy as U.S. Bank, and not the individual Appraisers, is in the better position to “spread the risk of the loss to society as a whole.” Welton Becket Assocs., 478 NY.S.2d at 314. Furthermore, in light of U.S. Bank’s contractual right to indemnity from Alliance as expressly set forth in the mortgage purchase agreement,21 Alliance is the proper party against whom U.S. Bank should seek indemnification, assuming U.S. can prove its right to indemnity under the facts alleged.
In the alternative, U.S. Bank also argues that implied indemnification is available when “there is a great disparity between the fault of the two defendants and the defendant with little or no liability pays for the fault of the other defendant,” suggesting that implied indemnification is available even when there is no implied agreement to indemnify between the parties. (U.S. Bank Opp., p. 6.) Although U.S. Bank cites to Peoples’ Democratic Republic of Yemen v. Goodpasture, Inc., 782 F.2d 346, 351 (2d Cir.1986) in support of this proposition, Goodpasture recognized the established principle that the proposed indemnitor’s duty to indemnify arises out of its contractual duties to the proposed indemnitee. Id. (“Goodpasture’s duties to Yemen arose out of their con*436tracts, none of which required Goodpasture to indemnify Yemen for deadfreight charges.”); see also Conrad, 891 F.Supp. at 966 (“Although Mas [v. Two Bridges Assocs., 75 N.Y.2d 680, 555 N.Y.S.2d 669, 674, 554 N.E.2d 1257 (1990)] held that ‘commonly the indemnity obligation is implied, ... based upon the law’s notion of what is fair and proper between the parties,’ Mas did not abrogate the rule that a claim for indemnification must be premised upon an express or implied duty owed the indemnitee by the indemnitor.”) (citations omitted). The court holds, therefore, that no independent duty to indemnify exists between the Appraisers and U.S. Bank, and thus, U.S. Bank’s claims for indemnity against the Appraisers fail as a matter of law.
VI. U.S. Bank’s Request For Leave To Amend Its Answer To Include Additional Direct Claims Against The Appraisers Is Denied For Reasons Of Undue Delay And Undue Prejudice To The Appraisers.
Finally, the court denies U.S. Bank’s request to amend its pleadings to assert direct claims against the Appraisers in the event that the court finds, as it does here, that U.S. Bank has no right of indemnity from the Appraisers. As noted above, a “motion to amend should be denied if there is an ‘apparent or declared reason — such as undue delay, bad faith or dilatory motive ..., repeated failure to cure deficiencies by amendments previously allowed, undue prejudice to the opposing party by virtue of the allowance of the amendment, [or] futility of amendment.’ ” Dluhos, 162 F.3d at 69. Moreover,
“when the amendment is sought after discovery has been closed,” “prejudice may be found.” Lyondell-Citgo Ref., LP v. Petroleos De Venez, S.A., 02 Civ. 0795, 2004 WL 2650884, at *1-2, 2004 U.S. Dist. LEXIS 23506, at *2-4 (S.D.N.Y.2004) (citing Berman v. Parco, 986 F.Supp. 195 (S.D.N.Y.1997)); Priestley v. American Airlines, Inc., 89 Civ. 8265, 1991 WL 64459, at *1-2, 1991 U.S. Dist. LEXIS 4804, at *4 (S.D.N.Y. April 12,1991) (“Insofar as the proposed claim is not predicated on facts learned after the pleading stage of the litigation, the resulting delay is not excusable.”); see also MacDraw, Inc. v. CIT Group Equip. Fin., 157 F.3d 956, 962 (2d Cm. 1998) (affirming the district court’s denial of leave to amend where it was requested after the close of discovery, additional discovery would be required, causing undue prejudice to the defendants, and the delay was unexplained); Cresswell v. Sullivan & Cromwell, 922 F.2d 60, 72 (2d Cir.1990) (affirming the district court’s denial of leave to amend after the nonmovant had filed for summary judgment, discovery had been completed, and more than 17 months had elapsed following the commencement of the action, and noting that the party seeking leave to amend has the burden of providing a satisfactory explanation for the delay); Ansam Assocs., Inc. v. Cola Petroleum, Ltd., 760 F.2d 442, 446 (2d Cir.1985) (affirming the district court’s denial of leave to amend where the proposed new claims were raised after discovery had been completed and the nonmoving party had filed for summary judgment).
Ruotolo v. City of New York, No. 03 Civ. 5045(SHS), 2006 WL 2372236, at *2, 2006 U.S. Dist. LEXIS 57346, at *6-7 (S.D.N.Y. Aug. 16, 2006); see Trezza v. NRG Energy, Inc., No. 06 Civ. 11509(PKC)(DF), 2008 WL 540094, at *5-6, 2008 U.S. Dist. LEXIS 15478, at *15-16 (S.D.N.Y. Feb. 28, 2008) (finding potential prejudice to defendant and undue delay of the action where discovery in the matter was complete, but for the proposed amendment).
Despite U.S. Bank’s assertions to the contrary, with the exception of discovery relating to handwriting exemplars from *437plaintiff Washington, (see Minute Entry, dated December 2, 2008), fact discovery closed in the related actions on October 31, 2008. (Minute Entry, dated September 29, 2008). Accordingly, as fact discovery has closed and it has been almost four years since the plaintiffs filed their original complaints, U.S. Bank offers no reason for this lengthy delay apart from the fact that it is now concerned that its claims for indemnification against the Appraisers may be insufficient as a matter of law. Ruotolo, 2006 WL 2372236, at *2, 2006 U.S. Dist. LEXIS 57346, at *6 (“A ‘[c]ourt may deny a motion to amend when the movant knew or should have known of the facts upon which the amendment is based when the original pleading was filed, particularly when the movant offers no excuse for the delay.’ ”) (quoting Berman v. Parco, 986 F.Supp. 195, 217 (S.D.N.Y.1997)). This delay is not excusable. If the court were to permit the amendments that U.S. Bank requests, additional discovery would be needed by the Appraisers to defend against the direct claims U.S. Bank seeks to include against them. The related actions have been ongoing for almost four years, and the court has granted numerous extensions of the fact discovery deadline before fact discovery finally closed on October 31, 2008. Thus, for reasons of “undue delay” and “undue prejudice” to the opposing parties, the court denies U.S. Bank’s request to add additional causes of action against the Appraisers.
CONCLUSION
For the reasons set forth herein, the cross-claims for indemnity asserted by the UH Defendants and U.S. Bank against the Appraisers are dismissed. Moreover, if, and only if, the Appraisers execute a settlement agreement and release from liability with the plaintiffs, the cross-claims for contribution asserted against the Appraisers by all of their co-defendants will be dismissed by the court. The Appraisers shall file a stipulation of release from liability after obtaining same from the plaintiffs, upon which filing the court will grant the underlying motions- to dismiss the contribution claims of the Appraisers’ -co-defendants in the related actions. If the Appraisers seek relief from all the remaining cross-claims asserted against them by their remaining co-defendants, the Appraisers shall file individual stipulations in which each of the co-defendants, with the exception of the UH Defendants and U.S. Bank, agree to withdraw each of their cross-claims against the Appraisers. Finally, U.S. Bank’s motion to amend its answer to include a cross-claim for contribution and/or additional direct claims against the Appraisers is denied.
SO ORDERED.