Filed: Apr. 16, 2015
Latest Update: Apr. 16, 2015
Summary: ORDER DENISE COTE , District Judge , JOHN W. LUNGSTRUM , District Judge , GEORGE H. WU , District Judge , JAMES P. O'HARA , Magistrate Judge . On April 15, 2015, NCUA submitted a letter concerning RBS's compliance with our March 31 Order regarding disclosures of its intention to reunderwrite loans. NCUA requests that, with the exception of certain identified loans in the Harborview 2007-4 securitization, RBS be precluded from reunderwriting any set of loans other than the Sampled Loan
Summary: ORDER DENISE COTE , District Judge , JOHN W. LUNGSTRUM , District Judge , GEORGE H. WU , District Judge , JAMES P. O'HARA , Magistrate Judge . On April 15, 2015, NCUA submitted a letter concerning RBS's compliance with our March 31 Order regarding disclosures of its intention to reunderwrite loans. NCUA requests that, with the exception of certain identified loans in the Harborview 2007-4 securitization, RBS be precluded from reunderwriting any set of loans other than the Sampled Loans..
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ORDER
DENISE COTE, District Judge, JOHN W. LUNGSTRUM, District Judge, GEORGE H. WU, District Judge, JAMES P. O'HARA, Magistrate Judge.
On April 15, 2015, NCUA submitted a letter concerning RBS's compliance with our March 31 Order regarding disclosures of its intention to reunderwrite loans. NCUA requests that, with the exception of certain identified loans in the Harborview 2007-4 securitization, RBS be precluded from reunderwriting any set of loans other than the Sampled Loans for purposes of an expert report. Accordingly, it is hereby
ORDERED that RBS shall submit any response to NCUA's April 15 letter by April 20 at 10:00am EDT.
