NATIONAL CREDIT UNION ADMINISTRATION BOARD v. WACHOVIA CAPITAL MARKETS, LLC, 11cv2340 (JWL) (2014)
Court: District Court, S.D. New York
Number: infdco20141121c47
Filed: Nov. 20, 2014
Latest Update: Nov. 20, 2014
Summary: ORDER DENIS COTE, District Judge. On November 17, 2014 a letter was submitted to our Court sconcerning the collection of the Wachovia and NovaStar defendant groups' sample loan files. Among other things, the letter states that Ocwen Loan Servicing, LLC ("Ocwen"), which apparently services many of 152 particular loans sought by NCUA, was able to produce loan files for only five of them, and now claims that it has exhausted its resources in attempting to locate them. Accordingly, it is hereby O
Summary: ORDER DENIS COTE, District Judge. On November 17, 2014 a letter was submitted to our Court sconcerning the collection of the Wachovia and NovaStar defendant groups' sample loan files. Among other things, the letter states that Ocwen Loan Servicing, LLC ("Ocwen"), which apparently services many of 152 particular loans sought by NCUA, was able to produce loan files for only five of them, and now claims that it has exhausted its resources in attempting to locate them. Accordingly, it is hereby OR..
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ORDER
DENIS COTE, District Judge.
On November 17, 2014 a letter was submitted to our Court sconcerning the collection of the Wachovia and NovaStar defendant groups' sample loan files. Among other things, the letter states that Ocwen Loan Servicing, LLC ("Ocwen"), which apparently services many of 152 particular loans sought by NCUA, was able to produce loan files for only five of them, and now claims that it has exhausted its resources in attempting to locate them. Accordingly, it is hereby
ORDERED that NCUA shall request that Ocwen submit to NCUA by December 3, 2014 an affidavit describing in detail Ocwen's efforts to search for and produce non-corrupted files for the rest of the 152 loans being sought by NCUA that Ocwen services.
IT IS FURTHER ORDERED that NCUA shall provide the undersigned a copy of Ocwen's affidavit.
Source: Leagle
