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1
arnoun! bclorc npptyH;g n1y tH H?du..:c c:f
!'repayment, the.rc v.ll t;.:; tH.3 ':h<H1J',C.'> u1 the due nf my m:HH!>ir p:JV!!te'<l. ,.,,;, .. , .. ll<. iL
\\7Hlng to those t.hange.;. Pn;payn1>Cn! rn:\y tciJu;:c t)\ :;!u:uL;y
Change Date f<>llt?W1ng my p;ntinl Prepayment However, any rtd:H.i1on d\l<: to IY\} p;nt::t; r:F'] !':<: ,iflsu
ny an interest rntc:
6, ,LOMI CIIARG ES
H a \Vh\tl1 apphcs to tiHS \t)an and \Vhich scg r;L1A1D:HHn i1X1H ( f';niln)' n;c
tntcrcst O! (Hhcr to;.tn or to tH; H'i (QfHic:n<Jn \\ ;H1 tt1r: \cd lJ:nfLh.
(a) any such h;an (;harg.t. thali be ;educ.c:.l t-y H'it. ;:nq.)LnH 1d tf'<t.:
1
,\h' 1\n.H\
lH\d (b) any !HJm n11: til:H o:t.cc:dctl ltrnlh ''Hi rr :tli:n'.lc.l ,,, t"(' rn,.- r--;r.;,::
Holder nnw :tmnsc 10 m:.1kc Hll'> rdund bv ru!twln"' \ll<. !'nn:::p:tl l. r;,.,,. un,k: :h:' Nt . :,rt:<
fH1)iment w' me. lf:: rr.\lH\<.1 rc<hn-r-' !'rint.:lpJl. lhc n::aunwn \Ylli l'" ucn;ol .. ,,, ,, p21rn;;'
;, HORROWI::WS Fi\lLl.lHE TO PAY Mi HEQUIREO
(A) Late for (henlu\1 l'tl)'filCUts
If \he Nolt. Hohkr t1:c'- nol th<: lu\! d\'\(1;Hll cf tmv murHlily p<nmrnr h 'he ,;\il qf IS
afH!-f tht..! date h is i \VtH p::ry .J Lite charec \C' :he } rlH. UlC trr. ) 00
QVCfdUC {'.[ iHHJ intcn:&t. 1 \ht.' {'<.U ,,nee <;n !'.
pa:mcnt
(ll) tkfnult
t( I do llGt p.ay the fuH i'lf .CilXh n1\
1
i1thly p.Jyn1t:n; PD nv: H h 1 l::l def3ulL
(C) t\tt(.tterutlon
If t am in JelauH, !ht Holder may wi!hou: m denwn<l, un\c<,;; \l!llcrw\'e r<:<p;irc(\ ty
taw, require tne tn ft:JY the full arnotH:l fJf 1!i.n\ hHs iH)t heeE ar1J uncrc:q i
on that. umnunt.
(lJ} No By lblder
Even i(, a1 zt tmw wiltn l am H1 lkf:ntH. Hw f'iqr, di.es ll'.l\ it'<jwrc m;,; r,,ry in ful: ;;s
above. the Nm0 Hnl\h:r will stm J\,1,<: 1\;;; d> -:o H ! ;1m w dehul; "'' ,, ;,>rcr ume.
(E) I'Uymem of Note Uol\kr"s Cu:.ts unll
If the No1e Hol!ler has t<;;qu!red me tO pav inHnc,HJtdy in full il!i :Jtm;c. NoH Hnl:Jer will na\'1)
the right to be paid batk by me for all of it'> and c-'p>::nsc:; in enf<m:ing thii t'-'o':) w 'h<: c'\!l)lH
11
m prnhlbttctl
by l"w. Those oxpe.m.cs for <:::>::ample, n:asclfU<L'k fcc; of 1 \(X\'7'1- of 1hc surrh due
undot this Note m !he <lllowabtc H11dt'r ;q;pl!c,!b\c W\\C bw.
AO.IUS'I'Mi.! AA'T NOT'fUG<m S!Y,MOHHi 'HH.f'); <M P'Jil!JSHEO IN 'l'HE WAlt STl!fFf
f>Wl !JNIFOAM
W lc GWVt.'l h;rm 1)01 ;t'aq<J.) d 5 Pi>t;(1.l
Case: 3:10-cv-00748-wmc Document#: 4-6
Filed: 11 /30/1 0 Page 4 of 6
GIVING Of NOTICES
Unlcs.s applicnl:lc l;rw rO.pHrt.'- a ;.Jif{ercrH mH tint nw,\ h giver ,,,
be g1-.:en by dt:!lvcrlng lt or by m:1Hing It by fHst \,(; n\t.: ;:; Uu.: nv ,\;\;.1"'''-
nddrt'.SS if l give the NotJC. Holder a nouct; ot my Ji.iuJt.'o
und<::-- H:'\ .vil!
:-,t'c.>'> t." Ct at .:JlftCrttH
Unle .. '..s Nme 'Hu!lkr ,, di!fe.rent lN'illDd. nu:kc du! '1Juc:
\his Note, Wlllbe ftl\\.:n n j}v hnt d,.,,- mJ;: 1 ''\'-' \\ ! lrkkr ,;;
ahHYC <Hat a nnt ntt\1.-:e , .. -it!'t :r:.TJ a!dtt
9. OUUGATIONS OF i'ERSONS t!NilER TillS NOH:
!{ more than ont: person :,1gns thi3 Nm<"., t:Jt/1 p;.Tson '' :mL) pr.rsnn:' l i-;
promlies made 111 t!Hs Nn1e, indu<ii!lf 111e pmnnst; w (>.Jli rnuum ;;wr:d
!ttnctv or emlor.;(,:r of Nnw ,, abo oohg;*;d 10 vo :nest' !rwp,>
incluiHng the ohllgauon.1 o! a gu;,r;;mor, ometv <lf cn\.inrse:
made in this No1c. The Note Hnl<lcr may enrow.:
ngaimtt all of us \ngt.:thcr Th;:; means lllal ;1ny Jn( nr
Nt.HC
l!.l. WAfVERS
t and any other pe:r:-;tn ".t'.\7 oblig;Hum:< t;rdcr Hli.; ;..;Ill<:
Pn!$entment and Not1c.e o! lJi;,hoiWL 1!"' 'o
payment of ;mm!.mL'i uuc. 'Nmitc. of Dish<mor'' ):Ji;;;t;1s 1hc rigtu to ''JUHc n.r:
persons that <1mount> du" htW<.1 lHH b;.;(:.n p11id.
t L tJNWORM NOT1.;
h'J !"5,-eet) nH nt tf\<:.
. .
IS
p(,;
-.1mnclllS O"Atd
This Note Is a l.lliiform mstrurncrH \''llh llnilt.J \:lfia!ion;; m '"Jrnt w. 4.;UH1Vl tn :he prnl(.ctJo;;.>
given w the Note HoWer umlr:r thi> Now, a MPtq;ngc, Dn:d n! >1 (k( <::n' ;nslnn:w::';
dated the !\ame d,11e 31< 1hh Noh':, pmtcc!:; Htt No:c Holdm !wrn l .h "''l
the lh>ll .l mlKC n: tl1i;; Note, That Setunly lm!n:mt:n< h:1,,. unJ wrn\ .:omhu.n, ! m:n
be required to fn;tkc fz:\i (}f j pwe ltlh ':(, of :hr;s.c cnndH:t'fLi
rt:ad roi!<.Wr1>:
Transfer of tht or a In Borrowtr. lil ti,i: :Sec\:nn l:l, 'li>kH;;;\ m
the Property" means any lcg<ll or \1t:lltfH:ll.!l H1tcn:.)t in !In: l'roperty, lfli:l,FJinf;, tr\JI rw1 lnnn(:i) w. Hws<.:
beneficial Interests tramfened in <1 llono for dcn1, cnna:ru for <lrtd. H!\Ull.lment s;;i.(',' c\)ntrilc! n: t>G>)w
agreement, lht: inlt:tH of whkh HHi trnn>l'et t'f Hl\c by !Jqnuwcr <> lv.nr!: d;n, 0 pu:dg,sn
U nH or -a.ny pnn nf thl:! or anv htacn:..--q 'O L\ r1r (,_.,)1 f!
iS not a naturnt P\:nen-\:ia\ HH(f0:-5\ in t;-, :o.o!d r1r
'IA,.fittl:n Urulcr Ll 1-:i 1VHY) t:-}, tnl:,
lnstrcrnent. }iowevct, shaB not t1e tx-trcisc:"J b7' Lcuder :t txcrchf h ptoh;t)\trd l1v
Applicable Uw. Lender :;h;lllnot C:(\:ft:t>e ;l;:s opuon d: ra; Bo:-wwer 10 ';hwltNJ hl LcrHie.r
infQmtatlon re<juired by l..eouc.r to the if a new k':;n were temg mar.lc w rhc
tnu,sfcrcc; ami (b) LeNkr lktcrminc>$ lll:l\ L4cnricr\ ,:,ecurily wit\ no: h(: nnp<!HC<l. by !G.n<
assumption and thin the risk of a Qf ony Ctlvcnarn m Jgre(:mcn( m ;h;:; Scr:mty 1ns1rumcm
acceptable tl) L.;mkr.
'lb pcrnHHCtt L.-3\l;', rn:\y <'lLUfC t\ :\i, :\ (OnditnH
1
1.c
U!t1dCff'i consr.nt i.O a.\)urnptl<.HL aisn tn;J\ l-2\tU!tc Htc t,,
\hr N;\h: ;1
1
1'1:1 :il 'h: P'' n'd':,':
tnu Nntc aad .s:.,;,:.uttty unh$\ Bcrrt;\\!cr iH
Ml.ll.:ITh1'1i.TE M't!: NO'f(-l.JltOR BOH.IONTH 'ND!;X 1,1\S IN '!Hi' WA;t STflf:l' JOUi.J.N.fU.)
M<e UNlf<l:fiM !.N'STm.lMWf .
tlf 4 Forn 1101 < of s
ll'lTlJ\LS:
Case: 3:10-cv-00748-wmc Document#: 4-6
PAY TO HI OBDH Of .. ,
A$10ENTrAL FUNDING CORPORATION
WllHOUT HtCOUHSf
1\f.GI' MOHTGAGf. COBPOf\1\T!ON
),_ ... l! .P I f rx)
JLW,.J.&. __ _p., . .1 ..
McCOY
1 sr;cm;r;;'IHY 1/
Filed: J 1 /30/1 0 Page 5 of 6
Mlil.11STA'ffi .NlJUSTAIJ.Ul Mn! NOTISA.Jfl.,Ol'\ S!X-MON1h Ill f'W 'NAll Slnl:P .:C:<)PJlAl.(
Milo UNiFORM !W:lnJI.JMfJil
& :Hii2\f 1101 S.
Case: 3:1 0-cv-007 48-wmc Document #: 4-6 Filed: i 1/30/1 0 Page 6 of 6
'roR PURPOSES OF FURTHER ENDORSE!'.!ENT OF TH F0Ltt)W1NG nrsuwH:L
'ALLONGE IS AFFIXED t\ND BECOMES A PERItA ..;u,n PARr Ul SAiD ';OTE
POOL" LOANiD
I !lllllllll!lllll lll!llll!lllm 1111: Ill! lUI
NOTE DATE:
00
60RHOWER NAME vVENDY' A NOH/>.
PROPERTY ADDHESS 693'! OLD SAUK HD. 'J\'l :iH 1 'i
The Sank of Ne-N inn>! Compan'!' N ;.., as svco::ss;>r \o ,IPMorgan Ci'.J'::\' B3nk. N ,'), as
Tn.mlee Hesidsntial Funomn Company, LlC ff:a FuncJ:n,9 C:J!p;JLl\:cc,
MIN SUMMARY
Summary
!000!47-0461106582-1
6931 OLD SAlJK RD
MADISON, WI 53717
Reg Date
County
Prima!)' Borrower
Pool Number
Note Amount
Servicer
Custodian
Investor
Subservicer
Interim Funder
Originating Organization
Prope11y Preservation Co.
Batch
Number
Transfer Type
No Pending Batches!
J{einstatt'd or modified (option I), '\ot :tssigned hal'k
to !\1EHS
06/1212002
Dane
NORA, WENDY
RASC2002KS5CONF
$135,900.00
MOM
First Lien
QR
Investor Loan Number
Note Date
I 000440 Residential Funding Company, LLC
I 000573 Wells Fargo Mortgage Document Custody
1000545- RFC Trustee 03
1000474 HomeComings Financial, LLC
N/A
NIA
N/A
Status
Pending Batches
Transfer Date
N
i 7 o ~ 9 2 5
Sale Dale
Page I of I
g:-- I
https://www.mersonline.org/mers/mininfo/minsummary.jsp?aux=5E694490C6392535FEC07CDC... 5/13/2009
MILESTONES for 1000147-0461106582-1
Description Date
RemstatedtMod (opt 1 ). 08'21 i2006
not assigned back to
MERS
Foreclosure Status 08i21/2006
Update
Foreclosure Status
Update
Foreclosure Status
Update
Transfer Beneficial
Rights Option 1
Transfer of Flow
Servicing Rights
1 Oil 012005
08/23/2004
09t10i2002
0710512002
Transfer Beneficial 07/03/2002
Rights Option 2
Release Interim Funder 07/0112002
Interests
Registration 06' 12.'2002
Initiating
Organization i Lser
lQ.QMl1 HomeCommgs Financial. l.LC
David Hansen
1000474 HomeComings Financial, LLC
David Hansen
1000474 HomeCommgs Financial, LLC
Elizabeth Hinton
10004 74 HomeComings Financial, LLC
Batch
I 000545 RFC Trustee 03
Batch
I 000147 Aegis Funding Corporation
Batch
I 00014 7 Aegis Funding Corporation
Batch
l.QQ.Ql.Qli GMAC Bank (I)
Batch
1000147 Aegis Funding Coflloration
Batch
Page I of 1
Milestone Information
MIN Status: Reinstated nr mod died
(option I). not ass1gned back to :VI L R'>
Quality Rt>vrew: I'
Mfl': Status-. Act1ve (Registered)
Foreclosure Status: Foreclosure
Pending (option ! ). n"Jgnecl to sen rcer
Quality Rev1ew: :--:
MIN Stntus: A<.:tJ1e [RegJStcredJ
Foreclosure Statu-;: Reinstated or
(option 2)
Quality Review: N
MIN Status: Active
Foreclosure Status: Fnreclosure
Pend1ng (ortion 2), retamccl on :vlERS
MIN Status Act1ve (Regiqeredl
New Investor: 1000545 RFC
(13
Old Investor: I 000440 Re'ldentJal
Fund1ng Clmpany. I.LC
Batch Number: -1 I 4035
Transfer Date: 0829'2002
MIN Status: .'\ctiYc
New S.:n I 000440 Residential
Funding Cnmrany. U C
Old Sent-er: 1000147 Acgl'; Fund1ng
Corporation
New Subsemccr. 1000474
HomeComings Financial. LI.C
Old Subservicer: None
Batch Number: 14n
Sale Date: 06.'28/200:
Transfer Date: On.'2R 2002
MIN 1\ctJYe (Regi>tered)
New lnveaor: I 000440 ReSidential
Funding Company. LLC
Old Investor: 1000!4
7
Aegis Funding
CorporatiOn
Batch '\umber: 35 I <JX.:J
Transfer Date:
MIN Status: 1\cti,e megistcn:d)
Old Interim !'under I 000 I OR Ci\1:\C
Bank (I)
MIN Status: Acti\c (Rct:!Stcredl
Servicer I 00014 7 Fundinl!
Corporation
r-- :)....
https://www.mersonline.org/mers/mininfo/minviewmiles .jsp?aux=5 E694490C63 92 53 5FEC07C D... Si J3t2009
Case: 3:10-cv-00748-wmc Document#: 7 Filed: 03/01/11 Page 1 of 19
BEFORE THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF WISCONSIN
Wendy Alison Nora, Case No. 10-cv-748
Plaintiff AMENDED COMPLAINT
v. JURY TRIAL DEMANDED
RESIDENTIAL FUNDING COMPANY, LLC, a Delaware limited liability company and wholly
owned subsidiary ofGMAC-RFC HOLDING COMPANY, LLC, a Delaware limited
liability company
RFC TRUST 03 Loan Pool Number RASC2002KSSCONF is a pool of investment securities
managed by RESIDENTIAL FUNDING COMPANY, LLC,
GMAC-RFC HOLDING COMPANY, LLC, a Delaware limited liability company and wholly
owned subsidiary ofRESIDENTIAL CAPITAL, LLC, a Delaware limited liability
company,
RESIDENTIAL CAPITAL, LLC, a Delaware limited liability company, owned by GMAC
MORTGAGE GROUP, LLC, a Delaware limited liability company which holds 99%
interest and RESCAP INVESTMENTS, LLC, a Delaware limited liability company holds
1% interest
GMAC MORTGAGE, LLC, is a Delaware limited liability company and is a wholly owned
subsidiary of ALLY FINANCIAL, INC., Delaware corporation,
HOMECOMINGS FINANCIAL, LLC is a Delaware limited liability company and is a wholly
owned subsidiary ofGMAC MORTGAGE GROUP, LLC, a Delaware corporation, the
loan servicing duties of which were absorbed by GMAC MORTGAGE, LLC in 2009,
GMAC MORTGAGE GROUP, LLC (hereinafter "GMAC GROUP") is a Delaware
corporation and is wholly owned subsidiary of ALLY FINANCIAL, INC., a Delaware
corporation.
ALLY FINANCIAL, INC. is a Delaware corporation,
GMAC FINANCIAL SERVICES, a private equities group in partnership with CEREBUS
CAPITAL MANAGEMENT, LP, a private equities group, from which ALLY
FINANCIAL, INC. was created using U.S. Treasury TARP funds,
CEREBUS CAPITAL MANAGEMENT, LP, a private equities group, in partnership with
GMAC FINANCIAL SERVICES, a private equities group, and is the owner of AEGIS
MORTGAGE CORPORATION at the all times relevant to this Complaint,
MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., a Delaware corporation
AEGIS MORTGAGE CORPORATION, a Delaware Corporation, in Chapter 11 Reorganization
Proceedings in the United States Bankruptcy Court for the District of Delaware Case
No. 07 -11119-BLS by Notice of Claim only
GRAY & ASSOCIATES, LLP, a Wisconsin professional limited liability association,
JAY PITNER, a member of GRAY & ASSOCIATES, LLP,
MICHAEL RILEY, a member or associate of GRAY & ASSOCIATES, LLP,
WILLIAM N. FOSHAG, an associate with GRAY & ASSOCIATES, LLP,
BASS & MOGLOWSKY, S.C., a Wisconsin professional corporation,
ARTHUR MOGLOWSKY, a shareholder of BASS & MOGLOWKSY, S.C.,
1
Case: 3:1 0-cv-00748-wmc Document#: 7 Filed: 03/01/11 Page 2 of 19
DAVID M. POTTEIGER, an associate with BASS & MOGLOWSKY, S.C.,
PENNY M. GENTGES, a shareholder of BASS & MOGLOWKY, S.C.,
JEFFREY STEPHAN, an employee ofGMAC MORTGAGE, LLC,
KENNETH URGWUADU, a former employee of GMAC MORTGAGE, LLC,
MANISH VERMA, an employee ofGMAC MORT AGE, LLC,
AMY NELSON, a former employee ofRESIDENTIAL FUNDING COMPANY, LLC and
YET UNNAMED CO-CONSPIRATORS,
Defendants
COMPLAINT FOR VIOLATIONS OF THE RACKETEER
INFLUENCED AND CORRUPT ORGANIZATIONS ACT AND VIOLATIONS OF THE FAIR
DEBT COLLECTION PRACTICES ACT
(JURY TRIAL DEMANDED)
NOW COMES the Plaintiff, and for her Complaint against the Defendants above-named
and yet to be discovered, and shows the Court.
1. This Court has jurisdiction under 28 U.S.C. sec. 1331 because the Plaintiffs claims
arise under the laws of the United States of America.
2. This Court's venue is proper under 28 U.S.C. sec. 139l(a)(2) because the acts giving
rise to the claims asserted herein were taken against Plaintiff in the course of litigation based
upon false documents in the Dane County Circuit Court in Madison, Wisconsin in order to take
her home, which is located in Madison, Dane County, Wisconsin.
3. Plaintiff is one of thousands of victims of violations of the Racketeer Influenced and
Corrupt Organizations Act (18 U.S.C. sees. 1961-1968) and the Fair Debt Collections Practices
Act (15 U.S.C. sec. 1692, et seq.) by the Defendants name above, who have conspired to and
engaged in direct action to, without limitation, deceive, defraud, intimidate, harass and deprive
homeowners of their homes in foreclosure proceedings initiated without evidence that the
foreclosing entity has the promissory note and lawfully assigned mortgages, rendering the debts
upon which foreclosure is commenced unsecured. Furthermore, the foreclosing entities are
without standing to seek the remedy of foreclosure, not being entitled to payment under the
promissory notes and without lawful interest in the mortgage security upon which the foreclosure
actions are commenced.
4. RESIDENTIAL FUNDING COMPANY, LLC (hereinafter "RFC") is a Delaware
limited liability company and wholly owned subsidiary ofGMAC-RFC HOLDING
COMPANY, LLC, a Delaware limited liability company. RFC has its primary place ofbusiness
in the State of Minnesota at One Meridian Crossing, Suite 100, Minneapolis, Minnesota 55423.
It uses a post office box located in Bloomington, Minnesota for its interstate fraud operations.
2
Case: 3:1 0-cv-00748-wmc Document#: 7 Filed: 03/01/11 Page 3 of 19
Its registered agent for service of process is Corporation Service Company, 2711 Centerville
Road, Suite 400, Wilmington, Delaware 19808.
5. RFC TRUST 03 Loan Pool-Number RASC2002KSSCONF (hereinafter "THE
TRUST") is a pool of investment securities managed by RESIDENTIAL FUNDING
COMPANY, LLC and is joined solely for the purpose of a declaratory judgment as to its interest
in Plaintiffs home. The loan pool is managed by RFC and RFC's primary business located is in
the State of Minnesota. Because RFC manages the THE TRUST, it is will be served at the
office of the registered agent for service of process for RFC is Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, Delaware 19808 and at One Meridian Crossing,
Suite 100, Minneapolis, Minnesota 55423.
6. GMAC-RFC HOLDING COMPANY, LLC, (hereinafter "GMAC-RFC") is a
Delaware limited liability company and wholly owned subsidiary of RESIDENTIAL CAPITAL,
LLC, a Delaware limited liability company. Its registered agent for service of process is
Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, Delaware 19808.
7. RESIDENTIAL CAPITAL, LLC (hereinafter "RESCAP") is a Delaware limited
liability company, owned by GMAC MORTGAGE, LLC, a Delaware limited liability company
which holds 99% interest and RESCAP INVESTMENTS, LLC, a Delaware limited liability
company holds 1% interest. Its registered agent for service of process is Corporation Service
Company, 2711 Centerville Road, Suite 400, Wilmington, Delaware 19808.
8. RESCAP's primary business location is at One Meridian Crossing, Suite 100,
Minneapolis, Minnesota and it uses a post office box located in Bloomington, Minnesota for its
interstate fraud operation.
9. GMAC MORTGAGE, LLC, (hereinafter "GMAC") is Delaware limited liability
company and is a wholly owned subsidiary ofGMAC MORTGAGE GROUP. Its primary
business location is at One Meridian Crossing, Suite 100, Minneapolis, Minnesota and it uses a
post office box located in Bloomington, Minnesota for its interstate fraud operation. Its
registered agent for service of process is Corporation Service Company, 2711 Centerville Road,
Suite 400, Wilmington, Delaware 19808.
10. HOMECOMINGS FINANCIAL, LLC is a Delaware limited liability company and
is, upon information and belief, a wholly owned subsidiary ofGMAC MORTGAGE GROUP,
LLC, a Delaware corporation, which was absorbed by GMAC MORTGAGE, LLC in 2008
received Plaintiffs payments on her loan and charged her excessive fees and costs, refused her
payments, forced her into the first foreclosure by refusing her payments, entered into a bad faith
settlement agreement with her, ordered criminal trespass and damage to her home and uses a post
office box located in Bloomington, Minnesota for its interstate fraud operation. Its registered
agent for service of process is Corporation Service Company, 2711 Centerville Road, Suite 400,
Wilmington, Delaware 19808.
3
Case: 3:10-cv-00748-wmc Document#: 7 Filed: 03/01/11 Page 4 of 19
11. GMAC MORTGAGE GROUP, LLC (hereinafter "GMAC GROUP") is a Delaware
limited liablity company and is wholly owned subsidiary of ALLY FINANCIAL, INC., a
Delaware corporation. It uses a post office box located in Bloomington, Minnesota for its
interstate fraud operations. Its registered agent for service of process is Corporation Service
Company, 2711 Centerville Road, Suite 400, Wilmington, Delaware 19808.
12. ALLY FINANCIAL, INC. is a Delaware corporation. It uses a post office box
located in Bloomington, Minnesota for its interstate fraud operations. Its registered agent for
service of process is Corporation Service Company, 2711 Centerville Road, Suite 400,
Wilmington, Delaware 19808.
13. GMAC FINANCIAL SERVICES (hereinafter "GMAC-FS") is an international
private equities group in partnership with CEREBUS CAPITAL MANAGMENT, LP, a private
equities group. It has business locations in the U.S., Europe, Asia and the Middle East. Its
primary business location for U.S. operations is in New York, New York. Its CEO is Michael
A. Carpenter and the Summons and Complaint will be served upon Michael A. Carpenter, by
personal or substituted service at Ally Financial, Inc. 200 Renaissance Center, Detroit, Michigan
48226 and at One Meridian Crossing, Richfield, Minnesota 55423.
14. GMAC-FS defrauded the United States Treasury by claiming to be the financing arm
of General Motors but was actually substantially invested in mortgage-backed securities.
15. GMAC-FS adopted the name of ALLY FINANCIAL, INC. in 2010 in order to
conceal the fact it continues to operate as a private international equities group after it received
Troubled Asset Relief Funds (T ARP) to capitalize a bank holding company and create a bank
with taxpayer funds as part of the U.S. Treasury-supported General Motors (GM) bankruptcy
reorganization.
16. GMAC-FS now purports to be what Congress and the U.S. Treasury thought it was
when the TARP funds were provided, to wit, the financing arm for OM's automobiles.
17. In fact, the TARP funds were used to fund the RACKETEERING ENTERPRISE as
set forth herein, to wit: the fraudulent foreclosure ofhundreds of thousands ofU.S. homes.
18. GMAC-FS is joined herein because it continues to exist, upon information and
belief, as a shadow entity to continue to obtain and disburse U.S. Treasury TARP funds and the
proceeds of unlawful foreclosures ofU.S. residential properties to its unknown, largely off-shore
equity beneficiaries in violation of U.S. securities regulations and prohibitions against money
laundering. It is the top of the food chain of the GMAC RACKETEERING ENTERPRISE, with
its partner, CEREBUS CAPITAL MANAGEMENT, LP.
19. CEREBUS CAPITAL MANAGMENT, LP (hereinafter "CEREBUS"), is a private
equities group, in partnership with GMAC-FS is a private equities group which defrauded the
4
Case: 3:1 0-cv-007 48-wmc Document #: 7 Filed: 03/01/11 Page 5 of 19
U.S. Treasury with its partner GMAC-FS by claiming own an interest in General Motors but was
actually substantially invested in mortgage-backed securities. It has business locations in the
U.S., Europe, Asia and the Middle East. Its primary business location for U.S. operations is in
New York, New York. Its CEO is Stephen A. Feinberg who will be served with the Summons
and Complaint by personal or substituted service on Stephen A. Feinberg at CEREBUS offices
located at 299 Park Ave., New York, New York 10171.
20. CEREBUS owns AEGIS MORTGAGE CORPORATION (AEGIS) which is in
Chapter 11 Bankruptcy Proceedings in the United States Bankruptcy Court for the District of
Delaware in Case No. 07-11119-BLS filed on August 13, 2007.
21. The United States Bankruptcy Court for the District of Delaware was never informed
of CEREBUS' ownership interest in AEGIS.
22. The interests of CEREBUS [which is named for the mythical Greek three-headed
dog that guards the gates to Hades (a/k/a Hell] continues to exist with its equity partner, GMAC-
FS and is joined herein because, upon information and belief, it engaged in the GMAC
RACKETEERING ENTERPRISE in order to take U.S. Treasury Funds and the receipts from
unlawful foreclosures on U.S. residential property to its unknown off-shore equity beneficiaries.
It is the top of the food chain of the GMAC RACKETEERING ENTERPRISE, with its partner,
GMAC-FS.
23. The parties identified in paragraphs 4., 5., 6., 7., 8., 9., 10., 11., 12., 13., 19., 24., 27.,
29., 30., 43., 45., 53., 57., 61., 63., 68., 72., 80., and 86., above and below, will be referred to
collectively, from time to time, as the GMAC RACKETEERING ENTERPRISE, with which the
remaining named and unnamed parties conspired to cause Plaintiffs injuries and damages and to
procure hundreds of thousands of foreclosure titles to U.S. home, with the attendant damages to
each family thereby foreclosed.
24. AEGIS MORTGAGE CORPORATION (hereinafter "AEGIS") is a Delaware
Corporation which has been in Chapter 11 Reorganization Proceedings in the United States
Bankruptcy Court for the District of Delaware Case No. 07-11119-BLS since August 13, 2007.
25. AEGIS will be served by Creditor Notice of Appearance and Request for Notice and
Notice of Claim in the bankruptcy proceedings. AEGIS is protected from this action by the
Automatic Stay. Plaintiff would have to move to Lift the Automatic Stay in order to bring
AEGIS before this Court or proceed against AEGIS in an adversary proceeding in the United
States District Court for the District of Delaware. (See attached Exhibit A.)
26. CEREBUS is not protected by the automatic stay in AEGIS' bankruptcy proceedings.
27. MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC (hereinafter
"MERS") is a Delaware Corporation which was created for the purpose of defrauding
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homeowners (as to the identity of the holders of promissory notes and mortgages), courts (as to
the real parties in interest in mortgage foreclosures), and local municipalities (in avoiding
recording fees on mortgage assignments in the sum of billions of dollars nationwide) which
conspired with the GMAC RACKETEERING ENTERPRISE to defraud Plaintiff, the Wisconsin
Courts and the Dane County Register of Deeds. It has registered twice with the Delaware
Secretary of State. It will be served upon both of its registered agents for service of process:
Prentice-Hall Corporation System Inc., 2711 Centerville Road, Suite 400, Wilmington Delware
19808 for its 1995 entity and Corporation Trust Company, Corporation Trust Center, 1209
Orange Street, Wilmington, Delaware 19808 for its 1999 entity.
28. AEGIS participated in the GMAC RACKETEERING ENTERPRISE through
CEREBUS as the original lender to Plaintiff and procured Plaintiffs promissory note payable to
AEGIS and created MERS as its nominee for Plaintiffs mortgage. MERS was formed for the
purposes described at paragraph 27., above.
29. GRAY & ASSOCIATES, LLP, (hereinafter "FORECLOSURE MILL #1) is a
Wisconsin professional limited liability association located in the metropolitan area of
Milwaukee, Wisconsin and engages in a type of practice of law which has become known in
commercial parlance as a foreclosure mill. GRAY & ASSOCIATES, LLP will, from time to
time herein, be referred to as FORECLOSURE MILL #1 and is part of the GMAC
RACKETEERING ENTERPRISE because it directly engaged in the racketeering activities. It
will be served with process upon its registered agent, Duncan Delhey, personally or by
substituted service, at 16345 W. Glendale Drive, New Berlin, Wisconsin 53151.
30. JAY PITNER, (hereinafter "PITNER") a member of GRAY & ASSOCIATES, LLP
and is an adult resident of the State of Wisconsin. He will be served personally or by substitution
of service at 16345 W. Glendale Drive, New Berlin, Wisconsin 53151.
31. PITNER prepared and recorded a fraudulent assignment of mortgage to RFC,
executed by the now-famous robo-signer, JEFFREY STEPHAN and his trainer, KENNETH
URGWUADU, both of whom were GMAC.Mortgage, LLC employee and both of whom
fraudulently signed on behalf ofMERS as mortgagee of record for AEGIS on January 6, 2010.
(See Attached Exhibit B)
32. The purpose of the fraudulent assignment of mortgage, as is the practice of the
GMAC RACKETEERING ENTERPRISE in thousands of foreclosure actions commenced
throughout the U.S., is deceive and defraud the homeowner, homeowner's legal counsel, if any,
the courts, the Registers of Deeds and the public by fabricating a secured interest in homes where
the GMAC RACKETEERING ENTERPRISE knows that it does not have lawful assignments of
mortgages.
33. PITNER created the assignment of mortgage purporting to be assigned from MERS
on behalf of AEGIS to RFC specifically to commence foreclosure proceedings against the
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Plaintiff who knew that MERS did not have standing to foreclose against her home. In so doing
he was a direct participant in the GMAC RACKETEERING ENTERPRISE.
34. PITNER knew or should have known that AEGIS was then and there in bankruptcy
and could not have lawfully transferred any interest to RFC without approval of the Delaware
Bankruptcy Court.
35. PITNER should have known that MERS did not have the rights to assign any greater
interest than it had as a mere nominee of AEGIS, which was in bankruptcy proceedings and
could not assign any interests it held in assets, but made it to appear that AEGIS authorized
MERS to assign the Plaintiffs mortgage to RFC, LLC by creating a fraudulent assignment of the
mortgage from MERS (a mere nominee) to RFC, LLC, through the signatures of JEFFREY
STEPHAN and KENNETH URGW AUDU, as "Vice President" and "Assistant Secretary" of
MERS respectively .
36. PITNER knew that JEFFREY STEPHAN and KENNETH URGW AUDU were not
in the employ ofMERS and were not "Vice President" an "Assistant Secretary" ofMERS
respectively because they were employees of GMAC Mortgage, LLC and worked at the office of
GMAC Mortgage, 1100 Virginia Drive, Fort Washington, Pennsylvania, whereas MERS is
located in Reston, Virginia.
37. It is clear from the face ofExhibit B that the fraudulent assignment of a bankrupt's
party's interest was barred by the automatic stay.
38. It was eventually discovered by Plaintiff in late September, 2010 that the assignment
(Exhibit B) was fraudulently executed by GMAC employees and was not an unlawful assignment
of the bankrupt AEGIS' asset.
39. It is an essential element of of the GMAC RACKETEERING ENTERPRISE's
pattern of conduct to deceive and defraud homeowners, courts and the courts and to conceal and
obfuscate the identities of the owners of mortgage instruments.
40. The concealment and obfuscation includes a plan to defraud homeowners and courts
using the concept of"holder in due course" to pretend that the successive imaginary mortgagees
paid market value for the mortgage interest and take the interest without liabilitJ:" for claims
against prior mortgagees.
41. As will be demonstrated below, the "holder in due course" fraud is created merely by
using rubber stamps to create the impression that the note and mortgage have been transferred
"without recourse" when in fact, in Plaintiffs case and thousands of other cases, the mortgage
interests were placed into trusts consisting of mortgage backed securities and recreated as
collateralized debt obligations and were not otherwise transferred to "holders in due course."
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42. The fraudulent document passed off as the assignment of Plaintiffs mortgage was
executed by a Pennsylvania notary. MERS is located in Reston, Virginia, but this fact was
concealed from Plaintiff because the face of the assignment states that JEFFREY STEPHAN was
"Vice President" of the assignor MERS signing on behalf of AEGIS and KENNETH
URGWUADU held himself out as "Assistant Secretary" ofMERS signing on behalf of AEGIS.
43. JEFFREY STEPHAN was revealed to be a GMAC RACKETEERING
ENTERPRISE robo-signer and is an adult resident of the State of Pennsylvania. He is employed
by GMAC Mortgage, LLC in its Fort Washington, Pennsylvania office and will be served with
process, personally or by substitution of service at GMAC Mortgage, 1100 Virginia Drive, Fort
Washington, Pennsylvania. His home address is 42 Lenape Drive, Sellersville, Pennsylvania
18960.
44. JEFFREY STEPHAN and was trained to be a robo-signer by GMAC
RACKETEERING ENTERPRISE employee KENNETH URGWUADU in the deposition taken
by Attorney Thomas Cox in the Maine state court foreclosure action entitled GMAC v. Bradbury,
et al., on June 7, 2010. That deposition is attached hereto in its entirety as Exhibit C-1 and
constitutes an admission that STEPHAN and URGWAUDU were employees of the GMAC
RACKETEERING ENTERPRISE, signing thousand of fraudulent assignments of mortgages
each month.
45. KENNETH URGWUADU is an adult resident of the State of Pennsylvania and a
former employee ofGMAC MORTGAGE, LLC. His home address is 1730 Ferndale Ave., Fl-1,
Abington, Pennsylvania 1900 1.
46. The Bradbury deposition (Exhibit C-1) refers to an earlier deposition taken in the
Florida state court foreclosure action entitled GMAC v. Neu, et al. That deposition, taken on
December 10,2009 is an admission by an employee of the GMAC RACKETEERING
ENTERPRISE that STEPHAN signed as Vice-President or Assistant Secretaty ofMERS even
though he was not associated in any way with MERS. The attached portion of that deposition
(Exhibit C-2) plainly states this aspect of the GMAC RACKETEERING ENTERPRISE and
conclusively proves that Exhibit B, which was submitted to the Dane County Circuit Court, the
Dane County Register of Deeds and the Plaintiff was and is a fraudulent document created for the
the continuing GMAC RACKETEERING ENTERPRISE of committing fraud on Plaintiff, the
courts, the Register of Deeds and the public.
47. The Bradbury and Neu depositions conclusively demonstrate that the GMAC
RACKETEERING ENTERPRISE committed thousands of identical frauds throughout the nation
for the purpose of taking homes in foreclosure using fraudulently documents.
48. The Bradbury robo-signing deposition became national news in September, 2010.
49. Plaintiff herself had been denied discovery by deposition in the second foreclosure
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case by an incomprehensible order of the state court judge which stayed all discovery because he
was "too busy" to rule on the GMAC RACKETEERING ENTERPRISEs' Motion to Quash
Subpoenas Duces Tecum.
50. Therefore, Plaintiff could not have discovered that the assignment was fraudulent
until the deposition of STEPHAN taken by Attorney Thomas Cox was released to the media in
late September, 2010.
51. Plaintiff immediately notified the lawyers at Foreclosure Mills #1 of the nationally-
reported proof of the fraud being perpetrated against her and thousands of other homeowners.
She notified them on September 27, 2010 and asked them to cease and desist from proceeding on
the fraudulently procured Summary Judgment, in which the false and fraudulent assignment of
mortgage was submitted with the Complaint.
52. Nevertheless, Foreclosure Mill #1 and #2, which are a part of the GMAC
RACKETEERING ENTERPRISE, have taken no action to dismiss the fraudulently documented
foreclosure proceedings against the Plaintiff.
53. MICHAEL RILEY, (hereinafter "RILEY") is a member or associate of Foreclosure
Mill #1 and is an adult resident of the State of Wisconsin. He will be served personally or by
substitution of service at 16345 W. Glendale Drive, New Berlin, Wisconsin 53151.
54. RILEY and FORECLOSURE MILL #1 commenced a foreclosure action against
Plaintiff in the name ofMERS in 2003.
55. RILEY settled the dispute by false promises on behalf ofMERS, knowing that
MERS did not have the authority to settle the claim in furtherance of the racketeering conspiracy.
56. RILEY refused to accept Plaintiffs payments into GRAY's Attorney Trust Account
pending resolution of the dispute over the settlement agreement, thereby creating the appearance
of Plaintiff defaulting on the settlement agreement, whereas the settlement agreement was a fraud
ab initio.
57. WILLIAM N. FOSHAG (hereinafter "FOSHAG") is an associate with GRAY &
ASSOCIATES, LLP and is an adult resident of the State of Wisconsin. He will be served
personally or by substitution of service at 16345 W. Glendale Drive, New Berlin, Wisconsin
53151.
58. FOSHAG refused to accept Plaintiffs payments into FORECLOSURE MILL #1 's
Attorney Trust Account pending resolution of the dispute over the settlement agreement, thereby
creating the appearance of Plaintiff defaulting on the settlement agreement, whereas the
settlement agreement was a fraud ab initio.
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59. FOSHAG appeared on behalfofFORECLOSURE MILL #1 to oppose the rescission
of the fraudulently procured settlement agreement described at 16., above, in furtherance of the
GMAC RACKETEERING ENTERPRISE.
60. PITNER, of FORECLOSURE MILL #1, created the fraudulent assignment of
mortgage in order to commence a second foreclosure proceeding against the Plaintiff as is plainly
evident by the fraudulent assignment (Exhibit B) itself. It states Document Prepared by JAY
PITNER/GRAY & ASSOCIATES, L.L.P.
61. BASS & MOGLOWSKY, S.C. is a Wisconsin professional corporation, located in
the metropolitan area of Milwaukee, Wisconsin and engages in a type of practice of law which
has become known in commercial parlance as a foreclosure mill. BASS & MOGLOWSKY, S.C.
will, from time to time herein, be referred to as FORECLOSURE MILL #2. The registered agent
for service of process Steven W. Moglowsky with an address of7020 N. Port Washington Road,
Suite 206, Milwaukee, Wisconsin 53217. The data for the registered agent is out-dated with the
Wisconsin Department of Financial Institutions and FORECLOSURE MILL #2 is 501 West
Northshore Drive Suite 300, Milwaukee, Wisconsin 53217 and Steven W. Moglowsky will be
served at that address.
62. When Plaintiff observed that the promissory note attached to the second Complaint
for foreclosure against her home was identical to the promissory note recorded with the Dane
County Register of Deeds and was endorsed by Aegis Mortgage Corporation, she moved to
dismiss the second foreclosure brought by FORECLOSURE MILL #1. (Exhibit D.)
63. ARTHUR MOGLOWSKY (hereinafter "MOGLOWSKY") is a shareholder of
BASS & MOGLOWKSY, S.C. and is an adult resident of the State of Wisconsin. He will be
served, personally or by substitution of service, at 501 West Northshore Drive Suite 300,
Milwaukee, Wisconsin 53217.
64. MOGLOWSKY and FORECLOSURE MILL #2 became co-counsel with
FORECLOSURE MILL #1 in furtherance of the GMAC RACKETEERING ENTERPRISE.
65. MOGLOWSKY argued to the Dane County Circuit Court that Plaintiffs promissory
note had been endorsed "in blank," notwithstanding the endorsement in favor of AEGIS .
66. MOGLOWSKY knew that the note was endorsed by AEGIS that the promissory
note was not the type of instrument which could be endorsed in blank and separated from the
mortgage instrument because to do so would render the secured debt resulting from the issuance
of the promissory note and mortgage instrument unsecured.
67. MOGLOWSKY made the "endorsed in blank" argument in furtherance of the
GMAC racketeering conspiracy to mislead the court in order to complete the second attempted
foreclosure on Plaintiffs home.
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68. DAVID M. POTTEIGER, (hereinafter "POTTEIGER") is an associate with BASS &
MOGLOWSKY, S.C. and is an adult resident of the State of Wisconsin. He will be served,
personally or by substitution of service, at 501 West Northshore Drive Suite 300, Milwaukee,
Wisconsin 53217.
69. On June 17, 2010, contrary to the "endorsed in blank" argument of MOGLOWSKY,
POTTEIGER provided Plaintiff with the attached Exhibit E in furtherance of the GMAC
RACKETEERING ENTERPRISE, which is a forgery.
70. Exhibit E is the second promissory note and is a badly photo shopped fraudulently
created promissory note which is intended to defraud the Plaintiff and the Court that the
promissory note was endorsed in favor of Residential Funding Corporation. It is clear that the
previous endorsement in favor of the bankrupt AEGIS on Exhibit D, that the endorsement has
has been recreated to contain appear to be an endorsement to Residential Funding Corporation.
The AEGIS endorsement is overwritten and disappeared form the face of Exhibit E.
71. The second promissory (Exhibit E) also contains a fraudulently created endorsement
from JPMorgan Chase Bank as Trustee in favor of Residential Funding Corporation which is
wholly unnecessary in the endorsement chain because there is no purported endorsement from
Residential Funding Corporation to JP Morgan Chase Bank as Trustee.
72. AMY NELSON, (hereinafter "NELSON") is a former employee of RESIDENTIAL
FUNDING COMPANY, LLC and is an adult resident ofthe State of Minnesota. RFC is liable
for the acts of NELSON in her capacity as its employee. NELSON will be served by personal or
substitution of service at her current employment with HOME SAVINGS AMERICA:
MINNESOTA at 35 East Broadway in Little Falls, Minnesota 56345. The home address of
NELSON is being investigated. AMY NELSON is a very common name in Minnesota and she
did not use her middle initial. She may live in Elk River, Minnesota or Champlin, Minnesota. If
she cannot be served, it is not necessary for her to be served because RFC is liable for her
fraudulent actions when she was in its employ.
73. Exhibit E takes the fraudulently created endorsement to JP Morgan Chase Bank as
Trustee which is out of the chain of endorsements, the newly created endorsement already having
been concocted to cover the endorsement in favor of the bankrupt AEGIS with the name of
Residential Funding Corporation one step further.
74. Attached to the second promissory note (Exhibit E) is an allonge signed by Amy
Nelson, fraudulently holding herself out as "Assistant Vice President of Bank of New York Trust
Company as successor to JP Morgan Chase Bank, N.A. as Trustee and Residential Funding
Company, LLC f/k/a Residential Funding Corporation, Attorney in Fact."
75. NELSON was at that time an employee ofRFC and was not an Assistant Vice
President of Bank ofNew York Trust Company, N.A., nor was she Assistant Vice President of
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RFC.
76. NELSON, STEPHAN and URGWUADU were all employees of the GMAC
RACKETEERING ENTERPRISE.
77. None of the endorsements on the Exhibit E (the forged promissory note) contain any
dates or warranties of authority, nor is a power of attorney attached.
78. Exhibit F plainly shows that the GMAC RACKETEERING ENTERPRISE had taken
the mortgage given to AEGIS and given to MERS as mere nominee was put into the "RFC Trust
03" soon after the fraudulent transaction between Plaintiff and AEGIS closed. AEGIS' role in
the GMAC RACKETEERING ENTERPRISE is described above.
79. As evidence of scienter, Plaintiffs access to the computer registration on the MERS
system was blocked shortly after she presented the MERS data (Exhibit F) to the Dane County
Circuit Court in connection with a renewed Motion to Dismiss the fraudulent foreclosure filed by
Plaintiff on the basis of the forged promissory note provided to her by POTTEIGER.
80. PENNY M. GENTGES (hereinafter "GENTGES") is a shareholder of BASS &
MOGLOWSKY, S.C. She will be served, personally or by substitution of service, at 501 West
Northshore Drive Suite 300, Milwaukee, Wisconsin 53217.
81. GENTGES acted in furtherance of the GMAC RACKETEERING ENTERPRISE by
moving to lift the automatic stay in Plaintiffs subsequently filed bankruptcy proceedings,
knowing that RFC did not have a lawfully endorsed promissory note nor a lawful assignment of
the AEGIS mortgage of which MERS was the mere nominee. She presented a version of the
forged note (Exhibit E) in connection with the GMAC RACKETEERING ENTERPRISE's
Motion to Lift the Stay in Plaintiffs bankruptcy case in the Western District of Wisconsin in
Case No. 01-09-16622.
82. As evidence of scienter, GENTGES refused to file a claim in the name ofRFC in the
Plaintiffs bankruptcy proceedings, knowing that to do so would constitute federal crimes of
bankruptcy fraud, although she should have known that racketeering is a federal crime.
83. The GMAC RACKETEERING ENTERPRISE which includes its racketeering
FORECLOSURE MILLS #1 AND #2 continue to proceed to take Plaintiffs home,
notwithstanding the overwhelming evidence of their fraud, racketeering and unfair debt
collection practices.
84. JEFFREY STEPHAN (hereinafter "STEPHAN") is an employee of GMAC
MORTGAGE, LLC who participated in the RACKETEERING ENTERPRISE by signing the
assignment of mortgage in Plaintiffs case as Vice President ofMERS, knowing that he was not
an employee ofMERS nor its Vice President and, in claiming to hold that position, committed
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fraud in furtherance of the GMAC RACKETEERING ENTERPRISE.
85. KENNETH URGWAUDU (hereinafter "URGWUADU") is a former employee of
GMAC MORTGAGE, LLC who participated in the RACKETEERING ENTERPRISE by
training STEPHAN to robo-sign and claiming to be Assistant Secretary of MERS, knowing that
he was not an employee ofMERS nor its Assistant Secretary and, in claiming to hold that
position, committed fraud in futherance of the GMAC RACKETEERING ENTERPRISE.
86. MANISH VERMA (hereinafter "VERMA") is an employee of GMAC
MORTGAGE, LLC who signed an Affidavit in Support of Summary Judgment prepared by
POTTEIGER who filed it in the GMAC RACKETEERING ENTERPRISE's second foreclosure
lawsuit against the Plaintiff in furtherance of the frauds.
87. VERMA is an adult resident of the State of Pennsylvania and will be served with
process, personally or by substitution of service at GMAC Mortgage, 1100 Virginia Drive, Fort
Washington, Pennsylvania. His home address is 42 Lenape Drive, Sellersville, Pennsylvania
18960.
88. The VERMA Affidavit is perjurious in many respects, including the concocted
amount of the Plaintiffs alleged indebtedness of which he claimed personal knowledge and
VERMA swore under oath that the second promissory note is a true and correct copy of the
original promissory note signed by the Plaintiff.
89. POTTEIGER prepared the perjurious Affidavit for VERMA's signature after telling
Plaintiff that all he had to do to take her home was to prepare an Affidavit stating that the
promissory note was a true and correct copy of the original promissory note and she could not
disprove the facts asserted in the Affidavit that POTTEIGER and VERMA conspired to prepare
in furtherance of the GMAC RACKETEERING ENTERPRISE.
90. Plaintiff repeatedly sought the production of the original promissory note, which was
never produced.
91. FORECLOSURE MILL #1 and FORECLOSURE MILL #2 and its named individual
attorneys acted at all times in furtherance of the GMAC RACKETEERING ENTERPRISE.
92. POTTEIGER, acting in conspiracy with VERMA, prevented GMAC Mortgage, LLC
from providing Plaintiff with a loan modification under the RAMP Program in furtherance of the
GMAC RACKETEERING ENTERPRISE.
93. POTTEIGER issued FORECLOSURE MILL #2's own trust account check to return
Plaintiffs first payment under the RAMP modification offered to her by GMAC Mortgage, LLC.
94. GENTGES falsely represented to the Wisconsin bankruptcy court that HAMP was a
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voluntary program, whereas all TARP funded entities are required to use all reasonable efforts to
keep homeowners in their homes.
95. Plaintiff was at all times ready, willing and able to participate in the HAMP program
pending determination of whether or not the promissory note and mortgage were lawfully
endorsed and assigned, which they clearly were not.
96. POTTEIGER's action in returning the Plaintiffs first HAMP program and canceling
her HAMP process was undertaken in furtherance of the GMAC RACKETEERING
ENTERPRISE.
97. UNNAMED CO-CONSPIRATORS may be subsequently joined as their identities
are uncovered through discovery in accordance with the Federal Rules of Civil Procedure
98. GRAY AND ASSOCIATES, LLP, PITNER, RILEY, FOSHAG, BASS &
MOGLOWSKY, S.C., MOGLOWSKY, POTTEIGER and GENTGES are not entitled to
qualified immunity from suit for their actions as the legal representatives of the GMAC
RACKETEERING ENTERPRISE because there actions were fraudulent and lawyers enjoy no
immunity from suit by the opposing party for fraudulent conduct in legal proceedings.
99. Plaintiff immediately notified the lawyers at FORECLOSURE MILLS #1 AND #2 of
the nationally-reported proof of the fraud being perpetrated against her and thousands of other
homeowners. She notified them on September 27, 2010 and asked them to cease and desist from
proceeding on the fraudulently procured Summary Judgment, in which the false and fraudulent
assignment of mortgage was submitted with the Complaint.
100. The GMAC RACKETEERING ENTERPRISE continues to proceed to take
Plaintiffs home and thousands of other homes on the basis of false, fraudulent and perjured
documents, while making false and misleading statements to Plaintiff, the courts, the Congress,
regulatory agencies and the United States Treasury.
101. From the date AEGIS took Plaintiffs promissory note and mortgage on June 5,
2002 and nominated MERS as the register of Plaintiffs mortgage, the GMAC
RACKETEERING ENTERPRISE intentionally and fraudulently concealed their unlawful
conduct and the existence of their enterprise from the Plaintiff and intended to keep their
unlawful activities secret from the Plaintiff, all homeowners affected by similar frauds, the courts
and the public.
102. The GMAC RACKETEERING ENTERPRISE engaged in its fraudulent conduct
which, by its nature, is inherently self-concealing and when Plaintiff would discover one layer of
the fraudulent activity, the racketeering enterprise would create knew fraudulent and perjured
documents to continue the practice of fraudulent concealment of the enterprise in an effort to
avoid detection.
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103. By virtue of the fraudulent concealment by the GMAC RACKETEERING
ENTERPRISE, the date from which the statute of limitations on any claim arising from any part
of the scheme to defraud did not commence until the fraud was discovered in sufficient detail to
allow the proper pleading of the racketeering frauds.
104. Additionally, each act of fraud has a statute oflimitations of six (6) years from the
date of discovery thereof.
105. Plaintiffhas discovered more of entire racketeering fraud scheme when the
Bradbury deposition was made public (and referred to the Neu deposition) at the end of
September, 2010. (Exhibits C-1 and C-2)
106. As evidence of scienter, the GMAC RACKETEERING ENTERPRISE sought a
protective order from the Maine court in GMAC v. Bradbury, et al. to prevent the disclosure of
the Bradbury deposition, which protective order was denied and sanctions awarded to Bradbury
for the frauds.
107. The GMAC RACKETEERING ENTERPRISE changed names of its various
entities in furtherance of the racketeering enterprise to conceal its operations.
108. Plaintiffwas accidentally notified of the multiple racketeering fictitious entities
which are involved in the GMAC RACKETEERING ENTERPRISE by a privacy rights notice
mailed from the post office box in Bloomington, Minnesota and listing the Defendant fictitious
entities and numerous other fictitious entities associated with the GMAC RACKETEERING
ENTERPRISE on or about March 3, 2010.
109. The disclosure described at paragraph 108., above, was insufficient to determine the
relationship between the tentacles of the racketeering enterprise and Plaintiff was ultimately
informed ofthe relationship of the aspect of the GMAC RACKETEERING ENTERPRISE
responsible for the frauds being committed against her by the filing of a corporate disclosure
form filed in the Seventh Circuit Court of Appeals by RFC and GENTGES in October, 2010.
110. The disclosure form referred to in paragraph 109 is still incomplete, but did allow
sufficient identification of the multiply concealed identities for Plaintiff to form this Complaint,
along with information from her own records.
111. As part ofthe GMAC RACKETEERING ENTERPRISE, Plaintiffs efforts to make
payments to the real party entitled thereto were repeated refused by RILEY, FOSHAG,
POTTEIGER and GENTGES.
112. As part of the GMAC RACKETEERING ENTERPRISE, false late fees, false and
excessive property insurance payments, attorneys' fees for the racketeering enterprise, payment
of real estate taxes in violation of the 2004 settlement agreement which Plaintiff sought to
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rescind for fraud, excessive interest, interest on the accumulating false charges were added to the
Plaintiffs alleged indebtedness to the real party in interest which is still concealed by the fraud.
113. As an additional part of the GMAC RACKETEERING ENTERPRISE, the
Plaintiffs payments to the racketeering enterprise were never credited to the loan obligation
claimed on behalf of a yet unknown party in interest, believed to be RFC TRUST 03 Loan Pool
Number RASC2002KSSCONF is a pool of investment securities managed by RESIDENTIAL
FUNDING COMPANY, LLC.
114. As a further part of the GMAC RACKETEERING ENTERPRISE, RFC de-
registered its securities to prevent the Securities Exchange Commission, the investors in the
mortgage backed securities and the public from knowing the status of the fraudulently
administered loans.
115. The de-registration of the RFC securities took place after Moody's discovered
commingling of funds by RFC in conflict with the investors in the investment trusts and is
further evidence of the fraud scheme of the GMAC RACKETEERING ENTERPRISE.
FIRST CAUSE OF ACTION:
RACKETEERING
116. Plaintiff re-incorporates paragraphs 1. through 115. and specifically pleads that this
court has jurisdiction over these proceedings under the Racketeer Influenced and Corrupt
Organizations Act (RICO) at 18 U.S.C. sees. 1961-1968.
117. The facts set forth herein establish the GMAC RACKETEERING ENTERPRISE
which creates false, fraudulent and perjured documents in order to defrauds homeowners, such as
the Plaintiff, the Registers of Deed and the courts in order to fraudulently foreclosure on homes
and to inflict injury and damages upon homeowners through a course of patten of conduct
established for that purpose.
118. More than two acts of fraud as part ofthe GMAC RACKETEERING
ENTERPRISE have been committed in Plaintiffs case alone.
119. Thousands of acts of fraud are established by the depositions attached hereto as
Exhibit C-1 and C-2.
120. In the course of its RACKETEERING ENTERPRISE, the Defendants committed
mail fraud.
121. Plaintiff is entitled to treble damages pursuant to 18 U.S.C. sec. 1964( c)and all
other relief available under 18 U.S.C. sec. 1961-1968.
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122. Because of the extent of the fraud, Plaintiff was required to take time from other
clients' cases to discover and disclose the frauds complained of herein and she should be allowed
her actual attorney's fees for time spent on her own case as further damages.
123. Plaintiff has incurred court costs and litigation expenses over the eight (8) years that
she has been subjected to the GMAC RACKETEERING ENTERPRISE.
124. Plaintiff is also entitled to actual attorney's fees under the RICO Act because she is
an attorney and has commenced this case as a qui tam proceeding for the public benefit.
125. Plaintiff is entitled to costs and disbursements in this action.
SECOND CAUSE OF ACTION:
VIOLATIONS OF THE FAIR DEBT COLLECTION PRACTICES ACT ("FDCPA")
126. Plaintiff re-incorporates paragraphs 1. through 115.
127. Defendants are debt collectors as defined by 15 U.S.C. sec. 1692a(6).
128. Defendants filed false, deceptive, misleading and perjured documents in connection
with the collection of Plaintiffs alleged debt in violation of 15 U.S.C. sec. 1692e.
129. Plaintiff suffered actual damages from the violations ofthe FDCPA and is also
entitled to statutory damages and reasonable attorney's fees in these qui tam proceedings for the
public benefit.
DEMAND FOR JURY TRIAL
Pursuant to Rule 3 8( a) of the Federal Rules of Civil Procedure, Plaintiff demands a jury
trial to all issues triable to by a jury.
WHEREFORE, Plaintiff requests the following relief:
1. Awarding Plaintiff title to her home free and clear of the fraudulent claim of the
GMAC RACKETEERING ENTERPRISE;
2. Granting Plaintiff an injunction against the continuation of the GMAC
RACKETEERING ENTERPRISE effort to take her home;
3. Awarding Plaintiff a declaratory judgment that RFC TRUST 03 Loan Pool Number
RASC2002KSSCONF is a pool of investment securities managed by RESIDENTIAL FUNDING
COMPANY, LLC is not entitled to any payment from Plaintiff because it did not lend her any
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money, but rather loaned money to RFC Trust 03 or, in the alternative, declaring that the loan
pool is obviously unsecured.
4. Awarding Plaintiff her actual damages for losses compensable for violation of
FDCPA;
5. Awarding Plaintiff treble damages for violations of RICO for all of her losses,
including but not limited to, pain and suffering, loss of economic opportunity, loss of
prospective economic opportunity, payment for attorney's fees for her own time as an attorney in
defending against the GMAC RACKETEERING ENTERPRISES and extensive litigation costs
incurred over a period of eight (8) years of the continuing defense against the GMAC
RACKETEERING ENTERPRISE.
6. Awarding Plaintiff statutory damages under FDCPA pursuant to 15 U.S.C. sec. 1692k.
7. Awarding Plaintiff all costs oflitigation against the GMAC RACKETEERING
ENTERPRISE over the period of eight (8) years.
8. Awarding Plaintiff her attorneys' fees for any attorney whom she may hire to assist her
in these proceedings under RICO and FDCP A and her own fees as an attorney for prosecuting
this matter for a punitive damages award for the benefit of victims of the GMAC
RACKETEERING ENTERPRISE.
9. Ordering joint and several liability against each and all of the members ofthe GMAC
RACKETEERING ENTERPRISE, excluding AEGIS, but limiting the liability of the Wisconsin
Foreclosure Mills to Plaintiff's damages and share of punitive damages.
10. Ordering punitive damages of$10,000,000,000.00 in order to fully deter the
GMAC RACKETEERING ENTERPRISE from continuing its frauds throughout the nation and
ordering that the punitive damages be paid from its cash reserves, exclusive of any federal bail
out funding.
11. Ordering that the first amount of the punitive damages award up to the amount of an
amount to be determined to be a fair allocation of the punitive damages award to Plaintiff and
that the remaining balance of the up to $10,000,000,000.00 be paid to a Trust Fund to be
administered for the benefit of all persons whose homes were taken by the GMAC
RACKETEERING ENTERPRISE to a Trustee appointed by the Court (such a Kenneth Feinberg
who administered the 911 settlement and is administering the Gulf Oil Spill settlement) to be
distributed pro rata to the fraud victims on the basis of the fair market value of their homes at the
time their homes were unlawfully taken by the GMAC RACKETEERING ENTERPRISE.
12. Excluding from the Trust Fund distribution all homeowners who recover funds in
other actions and class action to the extent of their compensation from such actions up to the
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amount of the pro rata share which would be distributed from the Trust Fund.
13. Ordering that the balance of the punitive damages award, after Plaintiff's fair share,
be paid to the Trust Fund be deposited in insured accounts in banks and credit unions in the
State of Wisconsin, except that no Wisconsin bank which has received TARP funding and failed
to comply with HAMP policies shall be entitled to receive any such deposit.
14. Ordering the Trustee to provide public notice in the Wall Street Journal of the
availability of the Trust Fund for compensation to victims of the GMAC RACKETEERING
ENTERPRISE and to provide such other notice of the funds available for compensation as the
Court may deem sufficient to provide adequate notice of the victims' rights to distributions from
the Trust Fund.
15. Ordering the appointed Trustee to make bi-annual reports to the Court until the funds
are fully distributed.
16. Ordering the remainder, if any, of the balance of the Trust Funds be paid to the
Community Investment Credit Corporation, a Wisconsin corporation, for the purpose of
improving the business economy in the State ofWisconsin up to the amount of$20,000,000.00
and any further remaining balance to be paid to non-profit legal assistance programs throughout
the State of Wisconsin by the State Bar of Wisconsin, in its sole discretion.
17. For such other relief as may be just and appropriate in these premises.
Dated at Minneapolis, Minnesota this 1st day of March, 2011.
Is/ Wendy Alison Nora
Wendy Alison Nora
4575 W. 80
1
h Street Circle, #141
Minneapolis, Minnesota 55437
VOICE (952) 405-8631
FAX (952) 405-8691
accesslegalservices@gmail.com
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Internal CM/ECF Live8atabast;..
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00748
D t #
4 1 ase: ;:s: -cv- -wmc ocumen : -
I of2
United States Bankruptcy Court
District of Delaware
Notice of Bankruptcy Case Filing
A bankruptcy case concerning the debtor(s) listed
below was filed under Chapter 11 of the United States
Bankruptcy Code, entered on 08/13/2007 at 3:22PM
and filed on 08/13/2007.
Aegis Mortgage Corporation, et al.
11381 Meadowglen Lane
Suite I
Houston, TX 77082
Tax ID I EIN: 77-0589883
aka
UC Lending
aka
New America Financial
aka
Caledon Capital
The case was filed by the debtor's attorney:
Laura Davis Jones
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street
17th Floor
Wilmington, DE 19899-8705
302-652-4100
FILED
08/13/2007
3:22 PM
The case was assigned case number 07-11119-BLS to Judge Brendan Linehan Shannon.
In most instances, the filing of the bankruptcy case automatically stays certain collection and other actions
against the debtor and the debtor's property. Under certain circumstances, the stay may be limited to 30
days or not exist at all, although the debtor can request the court to extend or impose a stay. If you attempt
to collect a debt or take other action in violation of the Bankruptcy Code, you may be penalized. Consult a
lawyer to determine your rights in this case.
If you would like to view the bankruptcy petition and other documents filed by the debtor, they are
available at our Internet home page www.deb.uscourts.gov or at the Clerk's Office, 824 Market Street, 3rd
Floor, Wilmington, DE 19801.
You may be a creditor of the debtor. If so, you will receive an additional notice from the court setting forth
important deadlines.
David D. Bird
11/27/2010 4:20PM
Case: 3:10-cv-00748-wmc Document#: 4-2
Filed: ! 1/30/1 0 Page 1 of 1
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MAINE DISTRICT COURT, DISTRICT NINE
DIVISION OF NORTHERN CUMBERLAND
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Plaintiff
DOCKET NO.
BRI-RE-09-65
v.
NICOLE M. BRADBURY
Defendant:
and
GMAC MORTGAGE, LLC
d/b/a DITECH, LLC.COM
and BANK OF AMERICA, NA:
Parties in Interest:
June 7, 2010
Oral deposition of JEFFREY D.
STEPHAN, taken pursuant to notice, was
held at the law offices of LUNDY FLITTER
BELDECOS & BERGER, P. C., 4 50 N. Narberth
Avenue, Narberth, Pennsylvania 19072,
commencing at 10:10 a.m., on the above
date, before Susan B. Berkowitz, a
Registered Professional Reporter and
Notary Public in the Commonwealth of
Pennsylvania.
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APPEARANCES:
BRIAN M. FLEISCHER, ESQUIRE
FLEISCHER, FLEISCHER & SUGLIA, P.C.
Plaza 1000 at Main Street
Suite 208
Voorhees, New Jersey 08043
(856) 489-8977
bfleischer@fleischerlaw.com
Counsel for GMAC
THOMAS A. COX, ESQUIRE
LAW OFFICES OF THOMAS A. COX
P.O. Box 1315
Portland, Maine 04104
(207) 749-6671
tac@gwi.net
Counsel for Defendant,
Nicole M. Bradbury
VIA TELEPHONE:
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STEPHAN
MR. COX: Mr. Fleischer, we
understand that Julia Pitney
represents the plaintiff in this
case. Who do you represent today?
MR. FLEISCHER: I believe
Ms. Pitney both represents Fannie
Mae and GMAC, and I am here on
GMAC's behalf.
MR. COX: GMAC is neither a
plaintiff nor defendant in this
case, so we may have some issues
around that, but we'll cross that
bridge when we get to it.
EXAMINATION
4
16 JULIA G. PITNEY, ESQUIRE 17
DRUMMOND & DRUMMOND 0
17 One Monument Way 18 BY MR. C X:
Portland, Maine 04101 19 Q. Mr. Stephan, for the record,
(207) 774-0317 2 0 ld f 11 l ?
JPitney@ddlaw.com wou you state your u name, p ease.
19 Counsel for GMAC and Fannie Mae ' 21 A. Jeffrey Stephan.
; ~ 2 2 Q. How old are you?
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22 2 3 A. I am 41, in June.
; ~ 2 4 Q. You live in Sellersville,
25 2 5 Pennsylvania?
-------------------------------------- -----.. --------.. - - - - ~ - - - - - - .......................................... ~ - - - - .. ---00 ----------
3 5
1 1 STEPHAN
2 (Document marked Exhibit-1 2 A. That is correct.
3 for identification.) 3 Q. Have you had your deposition
4 4 taken previously?
5 (It is hereby stipulated and 5 A. In other cases, yes.
6 agreed by and between counsel that 6 Q. How many other cases?
7 sealing, filing and certification 7 A. This will be my third time.
8 are waived; and that all 8 Q. What other cases were you
9 objections, except as to the form 9 deposed in, to your recollection?
10 of questions, be reserved until 10 A. In what kind of cases?
11 the time of trial.) 11 Q. Well, can you remember the
12 12 names of the cases?
13 JEFFREY D. STEPHAN, after 13 A. No, I don't.
14 having been duly sworn, was 14 Q. When is the last time that
15 examined and testified as follows: 15 you've had your deposition taken?
16 16 A. I would approximate two,
17 MS. PITNEY: I would like to 17 three months ago.
18 put on the record that we 18 Q. Was that in Florida?
19 requested a stipulation, and 19 A. No. That was in New Jersey.
20 Attorney Cox has denied our 20 Q. That would have been in
21 request for that stipulation. And 21 2010?
22 that would be a stipulation that 22 A. Yes.
23 this deposition transcript be used 23 Q. Then you were deposed in
24 for this case, FNMA versus 24 Florida in December of 2009?
~ l-2 25 Bradbury, only. 25 A. That is correct.
2 (Pages 2 to 5)
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STEPHAN
case.
Q. The Deposition Notice?
A. Right, the Deposition
Notice.
Q. It was not another
deposition transcript --
A. No.
Q. -- that you were referring
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2 Q. When you began working for 2 team lead for our bidding team, which
3 GMAC Mortgage in 2004, what position did 3 would be a team of individuals who
4 you begin working in? 4 calculate the bids for sales.
5 A. I was a foreclosure 5 Q. Calculate the bids for sales
6 specialist. 6 of mortgage --
7 Q. What kinds of duties did 7 A. Foreclosure sales.
8 that involve? 8 MR. FLEISCHER: Again, let
9 A. That involved the day-to-day 9 him finish the question.
10 handling and servicing of a portfolio of 10 BYMR.COX:
11 loans that fell into a foreclosure 11
Q. Just so I can understand it,
12 category. 12 your role in that position was to help
13 Q. What kinds of duties did you 13
GMAC calculate what it was going to bid
14 carry out with respect to those matters? 14 at any given foreclosure sale?
15 MS. PITNEY: Object to form. 15 A. That would be correct.
16 MR. COX: You have to 16 Q. The foreclosure
17 answer. 17 department -- is that what it's called?
18 MS. PITNEY: You can answer 18 A. Yes.
19 the question. 19 Q. That has units within it?
20 THE WITNESS: The everyday !20 A. Yes.
21 servicing of the file, from 121 Q. And when you were doing the
22 contacting the attorney, supplying 22 bidding work, what unit were you a part
23 an attorney who's handling a case 23 of at that time?
24 within my portfolio with any 24 A. The bid team.
25 information they may need, a copy 25 Q. How long did you serve on
--------------
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1 STEPHAN
I
1 STEPHAN
2 of documents that may be needed
I 2 the bid team?
3 through a fax form or e-mail form, 3 A. I'm going to estimate six
4 the calculation of figures for 4 months to a year, at the most.
5 judgments, reporting sale results 5 Q. Does it sound roughly
6 at that time, and properly 6 correct that sometime in 2008, you
7 conveying properties to the proper 7 assumed a new position?
8 departments for post sale action. 8 A. Yes.
9 BYMR.COX: 9 Q. What was the next position
10 Q. How long did you hold the 10 that you held after working on the bid
11 position of foreclosure specialist? 11 team?
12 A. With GMAC, three years. 12 A. My present position, which
13 Q. So you would have assumed a 13 is the team lead of the document
14 new position sometime in 2007? 14 execution team.
15 A. Yes. 15 Q. Is there also a service
16 Q. What position did you assume 16 transfer unit?
17 in 2007?
17 A. Yes, there is.
18 A. I became a team lead within 18 Q. Are you the team lead of
19 the foreclosure department. 19 that as well?
20 Q. What duties did you assume 20 A. Yes, I am. That falls into
21 as the team lead in the foreclosure 121 the document execution team.
22 department? 22 Q. So I talk your language,
23 A. At that time, GMAC 23
there's a foreclosure departmentC I
4
24 segregated our department into teams, and 24
A. Yes. - -
25 I was put into place as the supervisor or
125
Q. And the subdivisions within
4 (Pages 10 to 13)
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1 STEPHAN 1 STEPHAN
2 that, do you call them teams or units? 2 A. 14.
3 A. Teams. 3 Q. Including yourself?
4 Q. So there's a foreclosure
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4 A. No; including me, 15.
5 . department, and then within it are a 5 Q. What training have you
6 group of teams that do different 6 received from GMAC to function in your
7 functions; is that correct? 7 capacity as the team lead for the
8 A. That is correct. 8 document execution team?
9 Q. What does the document 9 MS. PITNEY: Object to form.
10 execution team do? 10 BYMR.COX:
11 MR. FLEISCHER: Objection as 11 Q. Let me restate the question.
12 to form. 12 Have you received any training from GMAC
13 THE WITNESS: Can you 13 to use in conjunction with your
14 rephrase that? 14 performance as the team lead for the
15 BYMR.COX: 15 document execution team?
16 Q. What are the functions of 16 A. Yes.
17 the document execution team? 17 Q. What training have you
18 A. The functions of my document 18 received?
19 execution team is, I have staff that 19 A. I received side-by-side
20 prints documents, from our computer 20 training from another team lead to
21 system, that are submitted from our 21 instruct me on how to review the
22 attorney network. I have staff, also, on 22 documents when they are received from my
23 that team who prepares the documents 23 staff.
24 which have already received figures from 24 Q. Who was that person?
25 our attorneys. So there are completed 25 A. That person, at the time, I
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1 STEPHAN
1 STEPHAN
2 documents. They fill in the blanks, they
I
2 believe was a gentleman by the name of
3 stamp names. They ensure that all of the
3 Kenneth Ugwuadu, U-0-W-U-A-D-U. He is no
4 notary lines are completed properly once
4 longer with GMAC.
5 it's returned from the notary. And that
5 Q. How long did that training
6 staff also is in charge of making sure
6 last?
7 they Federal Express the document back to
7 A. Three days.
8 the designated attorney within our
8 Q. Were there any written or
9 network.
9 printed training materials or manuals
10 Q. What does the service
110
used as a part of that training?
11 transfer team do?
11 A. No.
12 A. The service transfer team
12 Q. Again, just so I understand
13 receives a list of loans from our
13 what your testimony was, that training
14 transfer management team, which is
14 involved your learning how to review the
15 located in Iowa. The service transfer
15 documents that were being processed
16 team within foreclosure only handles
16 through your hands; is that correct?
17 loans that fall into a bankruptcy or
17 A. That's correct.
18 foreclosure category. They prepare files
18 Q. What were you trained to do
19 or CDs, and transfer them to the new
119
with respect to those documents by that
20 servicer. So they're loans that are
20 gentleman?
21 either acquired, or they're loans that
21 A. Basically, how to review the
22 are being transferred to a new servicer
22 system, which I already basically knew 0-f.-5 :
23 for service.
23 from preparing documents in my prior II
24 Q. How many employees are on
24 position before becoming a team lead. So
25 the document execution team?
25 it was more or less a rehash, let's say,
5 (Pages 14 to 17)
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1 STEPHAN
2 or retraining, to confirm that I was
3 looking at things correctly in the
4 system.
5 Q. When you refer to a system,
6 you're referring to a computer system?
7 A. Yes.
8 Q. Other than what you might
9 call it when you're not happy, does that
10 system have a name?
11 A. Yes. That system is called
12 Fiserv, F-I-S-E-R-V.
13 Q. Have you received any
14 training on how to use that system?
15 A. Yes, when I was hired.
16 Q. Are there any manuals or
17 training materials associated with your
18 training on that system?
19 A. Yes, there is.
20 Q. Do you have those manuals in
21 your possession?
22 A. Presently, no.
23 Q. Do they exist in your office
24 atGMAC?
25 A. I honestly don't know.
.. --------.. --------------
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1 STEPHAN
2 Q. In your role as team lead
3 for the document execution team, do you
4 have any duties with respect to the
5 receipt, application, or counting for
6 loan payments?
7 A. No.
8 MS. PITNEY: Object to the
9 form of the question.
10 BYMR.COX:
11 Q. What department has that
12 responsibility?
13 A. To my understanding, that
14 would be customer service. And within
15 customer service, I believe there is a
16 cash unit.
17 Q. Have you ever worked in that
18 cash unit?
19 A. No.
20 Q. Have you ever worked in that
21 customer service department?
22 A. No.
23 Q. Have you ever had any
24 training in how that department and unit
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1 STEPHAN
2 A. No.
3 Q. In your capacity as team
4 lead for the document execution team, do
5 you have any responsibility for data
6 entry into the computer system regarding
7 payments received by GMAC?
8 A. No.
9 Q. In your capacity as the team
10 lead for the document execution team, do
11 you have any role in the foreclosure
12 process at GMAC, other than the signing
13 of documents?
14 MR. FLEISCHER: Objection as
15 to the form of the question.
16 THE WITNESS: Can you
17 rephrase?
18 BYMR.COX:
19 Q. In your capacity as the team
20 lead for the document execution team, do
21 you have any role in the foreclosure
22 process, other than the signing of
23 documents?
24 A. No.
25 Q. I'm going to hand you what
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STEPHAN
we have marked as Deposition Exhibit
Number 1, which is your affidavit in this
case, dated August 5, 2009.
MS. PITNEY: Excuse me, Tom.
This is Julia. Am I to presume
that this is the only exhibit
you're going to be introducing?
Be ... ause I haven't received any
exhibits that you plan to produce
at this deposition today.
MR. COX: I had no idea you
were going to be participating
today, Julia.
MS. PITNEY: Well, I
represent the plaintiff. It
shouldn't come as any surprise.
MR. COX: We're not going to
have a debate on the record. The
exhibits are here. You're welcome
to come see them. I had no idea
21
that you were going to participate_ ,
in this fashion. {2--
MS. PITNEY: You had no
idea?
6 (Pages 18 to 21)
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1 STEPHAN 1 STEPHAN
2 MR. COX: I'm not going to 2 I understand there's not a large
3 have this exchange on the record 3 number of documents. I propose
4 with you. If you want to go off 4 that we have Attorney Fleischer
5 the record for a minute, I'll be 5 fax them to me, or e-mail, in
6 happy to do it. 6 bulk, or we're going to have to
7 MS. PITNEY: No, we're going 7 stop. I would object. And each
8 to stay right on the record, Tom.
I
8 time I'm going to stop and have
9 MR. COX: That's fine. 9 each document sent to me.
10 MS. PITNEY: Is it your 10 MR. COX: Your objection is
11 intent to introduce these exhibits 11 noted.
12 that have not been produced to the 12 MR. FLEISCHER: Why don't we
13 opposing party? !13 at least just deal with the one
14 MR. COX: I'm not going to 14 document that's in front of us at
15 respond to that. I will entertain 15 this point, which is the
16 objections that you are going to 16 affidavit, and then we'll address
17 make. But I'm not going to 17 each one as they come up.
18 respond to your questions on the 18 MS. PITNEY: Fair enough.
19 record. 19 BYMR.COX:
20 MS. PITNEY: I'm going to 20 Q. Mr. Stephan, you've
21 object to each and every exhibit. 21 testified that in addition to yourself,
22 MR. COX: That's your right 22 there are 14 other employees in your
23 to do that. 23 document execution team.
24 BYMR.COX: 24 A. That is correct.
25 Q. I've handed you Deposition 25 Q. You have a title of limited
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1 STEPHAN 1 STEPHAN
2 Exhibit Number 1, Mr. Stephan. Is that a 2 signing officer; is that correct?
3 document signed by you? 3 A. That is correct.
4 A. Yes, that is my signature. 4 Q. How long have you been a
5 Q. And that's dated August 5, 5 limited signing officer for GMAC
6 2009?
6 Mortgage?
7 A. That is correct. 7 A. I'm going to estimate, two
8 Q. Do you have any memory of 8 years.
9 signing that document? 9 Q. Are there any other limited
10 A. No, I do not. 10 signing officers among the 14 people on
11 MS. PITNEY: I'd like to 11 your team?
12 take a brief break and speak with 12 A. No, not amongst my 14
13 Attorney Fleischer separately. 13 people.
14 There's no question pending. 14 Q. Exhibit-1, on the bottom of
15 (Whereupon, a short recess 15 the first page, says: I have under my
16 was taken.) 16 custody and control the records relating
17 MR. COX: I gather you have
17 to the mortgage transaction referenced
18 something you want to say on the
18 below.
19 record, Julia?
19 What records does GMAC
20 MS. PITNEY: Yes. I object 20 maintain with respect to mortgage
21 to not being provided copies of 21 transactions?
22 the documents that you intend to
122
MS. PITNEY: Object c;he
23 introduce in this deposition. And 23
form. - ( -1
24 in an effort to make things more
124
THE WITNESS: Please
25 efficient, my proposal is that -- 25 rephrase.
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1 STEPHAN
2 BYMR.COX:
3 Q. What records does GMAC
4 maintain with respect to mortgage loans?
5 A. We keep our records for the
6 foreclosure department and the rest of
7 the company on our Fiserv system for
8 availability throughout our company.
9 Q. Do paper records exist
1 0 anywhere within GMAC Mortgage?
11 A. Yes, they do.
12 Q. Where do they exist?
13 A. I believe they are housed
14 either in our Iowa office or in
15 Minnesota, or with any of our custodians
16 involved within the company.
17 Q. Do you have any
18 responsibilities for making entries in
19 the Fiserv system?
2 0 A. Other than just usual notes,
21 no.
2 2 Q. What kind of usual notes do
2 3 you enter?
2 4 MS. PITNEY: Object. I'm
2 5 objecting to the form of the
1 STEPHAN
2 question. And, furthermore, I'm
3 objecting to the extent that
4 you're basically asking him an
5 incredibly broad-based question
6 here, Tom. If you want to ask him
7 about this case and any entries he
8 made with respect to this case,
9 then that's fine. But your
10 question is pretty sweeping there.
11 BYMR.COX:
12 Q. What is your usual business
13 practice and routine with respect to
14 making usual notes in the Fiserv system?
15 A. If a customer were to call
16 in, I would make a note in our computer
17 system.
18 Q. Do customers call you in
19 your capacity as team lead for the
20 document execution team?
21 A. No, they do not.
22 Q. So if that's the only kind
23 of notes that you would make in the
24 system, is it fair to say that you don't
25 make notes in that system?
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STEPHAN
A. That would be correct.
Q. And you have no role in the
entry of any other data into that system;
isn't that correct?
A. That is correct.
Q. What depmtment maintains
that system?
MR. FLEISCHER: Objection as
to form.
BYMR.COX:
Q. Do you know what department
maintains that system?
A. The system is used by the
entire company.
Q. Do you know what department
maintains the security for that system?
A. The IT depmtment.
Q. Where is that located?
A. Throughout the entire
country.
Q. Do you know what department
makes entries into that system?
A. Numerous departments.
Q. Do you know what depattments
STEPHAN
have the ability to change entries in
that system?
A. Nobody has the ability to
change an entry in the system, as far as
a note would go.
Q. What do you mean by that?
A. Such as if a customer calls
in, you type in the system. Once you
type it, it's entered.
Q. Does GMAC keep a paper
28
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record of loan payments made by mortgage
customers?
A. I do not know.
Q. I think you said that the
cash department receives payments --
customer payments; is that correct?
A. To my knowledge, yes.
Q. That's the department that
you've said you have not worked in; is
that correct?
C-7-f/ A. That is correct.
Q. So you don't have firsthand
knowledge about how it operates; is that
correct?
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2 A. That is correct. 2 Q. That's the only other
3 MS. PITNEY: Object. 3 document execution team that you're aware
4 BYMR.COX: 4 of?
5 Q. Do you have any knowledge 5 A. To my knowledge, yes.
6 about how the data relating to those 6 Q. When you referred in one of
7 payments are entered into the system? 7 your answers a few moments ago to
8 A. I do not have that 8 judgment affidavits, are you referring to
9 knowledge. 9 the type of affidavit in front of you, as
10 Q. Do you have any knowledge 10 Deposition Exhibit-1?
11 about how GMAC ensures the accuracy of 11 A. That is a similar type of
12 the data entered into the system? 12 affidavit, yes. This states Affidavit in
13 A. No, I do not. 13 Support of the Plaintiffs Motion for
14 Q. Do you have any knowledge as 14 Summary Judgment.
15 to what measures GMAC takes to preserve 15
Q. Have you received any
16 the integrity and security of the system? 16 training regarding the summary judgment
17 A. No, I do not. 17 process in judicial foreclosure states?
18 MS. PITNEY: Object to the 18 A. No.
19 form of that question. 19 Q. Do you have any knowledge as
20 BYMR.COX:
20 to what a summary judgment affidavit is
21 Q. In your capacity as team 21 used for in the State of Maine?
22 lead for the document execution team,
122
MR. FLEISCHER: Objection as
23 what kinds of documents do you sign? 23 to form.
24 A. The types of documents I 24 BYMR.COX:
25 sign are assignments of mortgage, 25 Q. Would you please answer the
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1 STEPHAN
1 STEPHAN
2 numerous types of affidavits, deeds that 2 question?
3 need to be done post sale, a substitution 3 A. To my knowledge, a bonower
4 of trustees. And that covers it in a 4 would have filed a contested answer. And
5 general span.
5 this would be our next step within the
6 Q. You said you sign a variety 6 process, to confiim the amount that is
7 of affidavits. What kinds of affidavits
7 due to support the summary judgment.
8 do you sign?
8 Q. Do you understand how the
9 A. I sign judgment affidavits 9 affidavit is used, that is, Deposition
10 for judicial foreclosure actions. I will
10 Exhibit Number 1?
11 sign an affidavit verifying military
11 MS. PITNEY: Objection.
12 duty. I sign affidavits in reference to
,12 Tom, you're getting dangerously
13 -- if GMAC has exhausted all options
!u close here to the privileged area.
14 through lost mitigation upon reviewing
14 I mean, this affidavit, in itself,
15 notes in our Fiserv system. That's a
15 was prepared in preparation for
16 general description of different types 16 litigation -- in litigation; not
17 of affidavits.
17 even preparation for it, but
18 Q. Your document execution team 18 during litigation.
19 provides documents for foreclosures in 19 MR. COX: I have not the
20 what states?
20 slightest interest in getting into
21 A. Throughout the country. 21 attorney/client privilege. I'll
22 Q. Are there other cJ -;ument
22 rephrase the question.
o-r-q
23 execution teams within the GMAC system? 23 BYMR.COX:
24 A. I believe our bankruptcy
124
Q. Do you have any knowledge of
25 unit also has a document execution team. 25 how summary judgment affidavits are used
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2 in judicial foreclosure states? 2 tool, between our attorneys. They load
3 A. No. 3 it into a process called signature
4 Q. Are you aware that they are 4 required.
5 given to a judge? 5 MS. PITNEY: Jeff, I'm going
6 A. Yes. 6 to interrupt you right there. To
7 Q. And do you understand that 7 the extent that this answer or
8 the judge relies upon them? 8 anything else that you say has to
9 A. Yes. 9 do with your communication between
1 0 Q. At the time that you 1 0 you and your attorney -- GMAC and
11 executed Deposition Exhibit-1 on August 11 its attorney, it's attorney/client
12 5, 2009, you were, at that time, in your 12 privilege.
13 position as team lead for the document 13 THE WITNESS: So I won't
14 execution department? 14 answer.
15 A. Yes. 15 MR. COX: Well, let's go
16 Q. Has the manner in which you 16 back and ask the question again.
17 perform your duties as the team lead for 17 MS. PITNEY: He's answered
18 the document execution department changed 18 the question. He gets the
19 in any way over the period from August 5, 19 affidavit from the attorney.
2 0 2009 to the present date? 2 0 BY MR. COX:
21 A. No. 21 Q. What is the LPS system?
2 2 Q. Has your job description 2 2 A. That is a communication tool
2 3 changed in any manner during that time? 2 3 with our attorney network.
2 4 A. I assumed the responsibility 2 4 Q. Is LPS a separate company?
2 5 at that time of also handling the service 2 5 A. Yes.
11---------------------------------------------------
35 37
1 STEPHAN
1 STEPHAN
2 transfer team as an additional 2 MS. PITNEY: Objection. The
3 responsibility; other than document 3 means by which he communicates any
4 execution, no. 4 details about -- the means by
5 Q. In your usual business 5 which he communicates with his
6 practice as a team lead for the document 6 attorneys is privileged.
7 execution team, how does a summary 7 BYMR.COX:
8 judgment affidavit come to you, such as 8 Q. What does LPS do?
9 the one that is Deposition Exhibit Number 9 MS. PITNEY: I'm going to
10 1?
10 object again on privilege grounds.
11 MS. PITNEY: Objection. 11 Same objection. Do not answer
12 Tom, if you'd like to ask him 12 that question.
13 about how this specific affidavit 13 THE WITNESS: Okay.
14 came to him, that's fine. But, 14 BYMR.COX:
15 again, you're asking way too 15 Q. Is the source of what you
16 broad. 16 know about what LPS does based upon any
17 BYMR.COX:
17 communication that you've had with
18 Q. Do you know how this 18 lawyers?
19 specific affidavit got to you, Mr. 19 A. Sorry. Please rephrase
20 Stephan? 20 that. I don't understand your question.
21 A. We have a process in place 21 Q. Do you know what LPS does
22 that if our attorney network needs an 22
with respect to documents proceCd ~ Y
23 affidavit, they will upload it into our 23 your unit? -{-/0
24 system, which is called LPS. We have 24 MS. PITNEY: Objection.
25 another system, which is a communication 25 Same objection.
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2 MR. COX: He can answer that 2 MR. COX: He can answer the
3 yes or no. 3 question of whether or not he
4 THE WITNESS: I still don't 4 keeps a log, before I ask him what
5 understand what you're asking. 5 goes into the log.
6 BYMR.COX: 6 MS. PITNEY: Fine.
7 Q. You've mentioned LPS. 7 THE WITNESS: No, I don't
8 A. Right. 8 have a log.
9 Q. That's a separate company; 9 BYMR.COX:
10 is that correct? 10 Q. Does anybody keep a log of
11 A. It's a system that we have 11 what documents you sign?
12 acquired from a company by the name of 12 MS. PITNEY: Object to the
13 Fidelity, in order to have corrimunication 13 form of that question.
14 between our attorneys. 14 THE WITNESS: Please
15 Q. Do you have any memory of 15 rephrase.
16 specifically receiving Deposition 16 BYMR.COX:
17 Exhibit-1? 17 Q. Do you know if anybody keeps
18 A. No. 18 a log of what documents you execute?
19 Q. Again, I'm asking you, based 19 A. We have notaries in our
20 upon that, to describe what the usual 20 department, approximately six, who keep a
21 business practice is within your unit, as 21 log for what they notarize.
22 far as how affidavits, such as Deposition 22 Q. These are notaries within
!
23 Exhibit-1, come to you. ! 2 3 your department?
24
A Our attorney willload it to r 4 A. That is correct.
25 the LPS system Members of my team will 2 5 Q. As I understand it, the
...
39 41
1 STEPHAN 1 STEPHAN
2 print it. Other members will prepare it. 2 first step is, in your department, a
3 The figures have already been loaded from 3 document comes in on the LPS system from
4 our network of attorneys. So my team 4 the outside lawyer; is that correct?
5 does not have any input on the affidavit, 5 A. That is conect.
6 other than filling in my name. They 6 Q. And then an employee in your
7 bring it to me. I review it against our
7 department prints it out; is that
8 Fiserv system, execute it, hand it back. 8 conect?
9 They get it notarized. It's Federal 9 A. That is conect.
10 Expressed back to the individual attorney 10 Q. And then you said that the
11 asking.
11 employee preprues the document. What
12 Q. Do you keep a log of any 12 does that mean?
13 sort of what documents you execute? 13 MS. PITNEY: Objection. The
14 MS. PITNEY: I'm sony. Can
114
document is prepared for
15 you repeat the question, Tom? I 15 litigation. It is privileged.
16 could not hear that. 16 How it is prepared is privileged.
17 BYMR.COX:
17 Do not answer that question.
18 Q. Do you keep a log of any 18 BYMR.COX:
19 sort of what documents you execute? 19 Q. Do your employees have any
20 MS. PITNEY: Objection. 20 direct communication with outside
21 Work product. Any type of log 21 counsel?
22 that he keeps relative to these
22 A. Yes, through the LPS system.
23 affidavits is prepared in 23 MS. PITNEY: Objection. How
24 preparation for litigation; to the 24 and what he communicates with Ws
25 extent that one even exists. 25 attorney is privileged, Tom Q -( -t t
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2 MR. COX: I haven't asked
I
2 twice on the first page, and once on the
3 for the content. I asked if it 3 signature page for you; is that correct?
4 happens.
I
4 A. That is correct.
5 BYMR.COX: 5 Q. And then it's stamped again
6 Q. Would you answer the 6 on the notary page; is that correct?
7 question, please? 7 A. That is correct.
8 A. Yes, through the LPS system. 8 Q. So as I understand it, an
9 Q. Is anything done to a 9 affidavit, such as Deposition Exhibit-1,
10 document submitted to the LPS system by 10 is initially prepared by outside counsel?
11 an outside lawyer before it reaches your 11 MS. PITNEY: Objection.
12 hands? 12 BYMR.COX:
13 MS. PITNEY: Objection. 13 Q. Is that correct?
14 Preparation of the document is 14 A. Yes, that is correct.
15 privileged. It's for litigation. 15 Q. Does anybody on your team
16 Do not answer the question. 16 verify the accuracy of any of the
17 BYMR.COX: !17 contents of the affidavit before it
18 Q. Is the document that is
1
18 reaches your hands?
19 received in the LPS system from outside 19 MS. PITNEY: Objection
20 counsel presented to you in exactly the 20 again. How the document is
21 form that it is received in from outside 21 prepared -- you can ask him
22 counsel? 22 questions about the document and
23 MS. PITNEY: Objection. 23 what's stated in the document.
24 Same objection. 24 The preparation of the document,
25 MR. COX: Is it an 25 which is prepared for litigation,
43 45
1 STEPHAN 1 STEPHAN
2 objection, or are you instructing
I
2 is privileged. Do not answer the
3 him not to answer? 3 question, Jeff.
4 MS. PITNEY: I'm instructing 4 BYMR.COX:
5 him not to answer, to the extent 5 Q. Mr. Stephan, do you recall
6 you're asking him questions about 6 testifying in your Florida deposition in
7 a document that was prepared 7 December, with regard to your employees,
8 specifically during the course of 8 and you said, quote, they do not go into
9 litigation. It's protected by
11;
the system and verify the information as
10 privilege, and you can't ask him accurate?
11 questions about it. 11 A. That is correct.
12 BYMR.COX: 12 MS. PITNEY: I'm sorry.
13 Q. Deposition Exhibit -1 has 13 Tom, could you please repeat what
14 your name stamped on it with a stamp; is 14 you just said? I just couldn't
15 that correct? 15 hear.
16 A. That is correct. 16 MR. COX: Quote: They do
17 Q. And below your name, the 17 not go into the system and verify
18 words "limited signing officer" appear; 18 the information as accurate.
19 is that correct? 19 BYMR.COX:
20 A. That is correct. 20 Q. Is that correct?
21 Q. Who puts that stamp on these 21 A. That is correct.
22 affidavits? 22 MR. FLEISCHER: Tom, can you
23 A. My team. 23 reference what litigation that was
1
)
24 Q. On this pmticular 24
in, do you know? Q --1- I
25 affidavit, your name and title is stamped 25 MR. COX: The Florida case -
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1 S1EPHAN
2 that he testified in.
3 MR. FLEISCHER: I just
4 thought you might have a reference
5 there.
6 MR. COX: I'll get it
7 shortly.
8 BYMR.COX:
9 Q. Do you and your 14-person
1 0 team all work in the same physical space?
11 A. Yes. We're all in the same
12 department.
13 Q. Do you have an office or a
14 cubicle, or what?
15 A. Cubicle.
16 Q. Do the employees bring
17 documents to you to sign?
18 A. That is correct.
19 Q. How many do they bring to
2 0 you at a time, on average?
2 1 A. For a month, anywhere from
2 2 six to 8,000 documents.
2 3 Q. Do you recall testifying in
2 4 your Florida deposition in December that
2 5 you estimated it was 10,000 documents a
48
1 S1EPHAN
2 A. That would be correct.
3 Q. Roughly, how many are
4 brought to you in a group, on average?
5 A. Throughout a day, I believe
6 we are averaging approximately 400 new
7 requests corning in from our attorney
8 network. So I would say approximately
9 400 per day.
1 0 Q. This sounds very basic.
11 But, physically, are you handed a pile of
12 100 documents, 300 documents? How does
13 that work?
14 A. They bring them to me in
15 individual folders from each one of the
1 6 members of my team. I do not count how
17 many are in the files.
18 Q. So each team employee has a
19 folder of document; is that correct?
2 0 A. That is correct.
21 Q. When you receive a summary
2 2 judgment affidavit to be signed by you,
2 3 is it accompanied by any other documents
2 4 relating to the loan?
2 5 MS. PITNEY: Objection. The
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S1EPHAN
month?
A. I do not recall. I'm going
off of numbers within the past month or
so.
Q. Have those numbers gone down
in the past month or so?
A. There has been a decrease.
Q. Back in December, were you
signing in the range of 10,000 documents
a month?
A. I may have been.
Q. Back in August of 2009,
47
roughly, how many documents a month were
you signing?
A. I cannot estimate. I don't
know.
Q. Do you believe that it was
more or less than the number you were
signing in December?
A. I'm going to assume, more.
Q. And on a given day, I
understand an employee brings you a group
of documents for you to sign; is that
correct?
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S1EPHAN
document is prepared for
litigation. And anything he does
when he's preparing it is
privileged.
MR. COX: Are you telling
him not to answer?
MS. PITNEY: I am. Tom, if
you want to ask him about general
procedures, which you have been,
then I'm not going to object as
much. But if you want to ask him
about what goes into preparing a
document that was used for summaty
judgment, that's clearly prepared
for litigation, and it's
privileged and protected.
MR. COX: I think you
haven't heard my question, Julia.
I'll state it again. c f _ (
3
BYMR. COX: , - .
Q. When you receive a summaty
judgment document for your execution, is
it accompanied by any other documents"
MS. PITNEY: My objection is
49
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STEPHAN 1 STEPHAN
-- you can answer that question, 2 those exhibits attached to the affidavit
Jeff. 3 at the time that you sign them?
THE WITNESS: There are 4 MS. PITNEY: Objection.
times when it has the Complaint 5 You're asking about a document
connected. There are times when 6 that was prepared by an attorney.
it is brought to me just as the 7 Anything that comes with it that
affidavit. 8 he's asked to review is
BY MR. COX: 9 privileged-- the communication
Q. When you say that there are 1 0 between a client and an attorney.
times when it comes to you with a 11 Do not answer the question.
Complaint connected, you mean attached as 12 BY MR. COX:
an exhibit? 113 Q. Mr. Stephan, would you
A. Such as this one, yes. i 14 please look at Paragraph 3 ofExhibit-1.
Q. When you say "this one," , 15 Do you see there the statement: That a
you're referring to Deposition Exhibit -1? 1 6 true and correct copy of which is
A. Yes, that is correct. 17 attached hereto is Exhibit-A?
Q. Deposition Exhibit-1 has 18 A. Where are you looking?
several exhibits attached to it; is that 19 Q. Paragraph 3. Do you see
correct? 2 0 that statement?
MS. PITNEY: Could you 121 A. Yes, I do.
please tell me what the exhibits 2 2 Q. When you sign an affidavit
don't have the benefit of having 2 4 attached to it?
them in front of me? 2 5 MS. PITNEY: Objection. A
that are attached are, because I [2 3 such as Exhibit-1, are the exhibits
------------------------------- _ ........ - ......... ~ - - - - - - - - - .................................................. ____ ... ..
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1 STEPHAN 1 STEPHAN
2 THE WITNESS: Exhibit-A is a 2 document that's provided to him by
3 copy of the note and the -- 3 an attorney is privileged.
4 MR. COX: Julia, this is 4 MR. COX: Are you telling
5 your summary judgment affidavit. 5 him not to answer that question?
6 MS. PITNEY: I'm not 6 MS. PITNEY: Yes. I'll say
7 doubting that it is. I just don't 7 again, Tom, if you would like to
8 know what these other exhibits 8 ask him about the facts that are
9 attached are. 9 in the affidavit, the details
1 0 MR. COX: Don't you have 1 0 about this loan -- which I might
11 your copy? 11 remind you involves a woman by the
12 MS. PITNEY: You're the one 12 name of Nicole Bradbury -- then
13 verifying if they're the same as 13 I'm sure Jeff will answer your
14 the one I'm looking at, Tom. 14 question?
15 THE WITNESS: Exhibit-B is 15 MR. COX: Well, he has the
16 the mortgage. Exhibit-Cis the 1 6 affidavit in front of him in this
1 7 assignment of note and mortgage. 1 7 case. And the affidavit which he
18 Exhibit-D --I believe we're 18 swore to says a true and conect
19 looking at the demand, or the 1 9 copy of the note is attached to
2 0 breach letter. And those are the 2 0 it. And I'm asking him if that
2 1 four documents that are connected 2 1 document was attached to it at the
2 2 to this affidavit of summary
2 3 judgment.
2 4 BY MR. COX: l
, 2 2 time that he signed it11_
1
1
.J.
23 BYMR. COX: G- I ~ /--,
, 2 4 Q. Would you please answer th::tt . ,
2 5 Q. In your usual practice, are 12 5 question?
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STEPHAN
A. To my knowledge, I do not
recall.
Q. Is it your usual business
practice to have exhibits attached to
affidavits that you sign?
A. Yes.
Q. All exhibits?
MS. PITNEY: Object to form.
THE WITNESS: I do not know.
BYMR.COX:
Q. When you sign a summary
judgment affidavit, do you check to see
if all the exhibits are attached to it?
A. No.
Q. Does anybody in your
department check to see if all the
exhibits are attached to it at the time
that it is presented to you for your
signature?
A. No.
Q. When you sign a summary
judgment affidavit, do you inspect any
exhibits attached to it?
A. No.
STEPHAN
MS. PITNEY: Could you
repeat the question, Tom? Did you
say -- or can you have it read
back, please?
(Whereupon, the pertinent
portion of the record was read.)
MS. PITNEY: Object to the
form.
BYMR.COX:
Q. What happens to an affidavit
in your department after you sign it?
MS. PITNEY: Objection.
What happens to the document
afterwards is -- it's in the
course of litigation. The same
objection as I said before. Where
it goes is privileged.
MR. COX: Where it goes is
not a communication. It is not
privileged.
MS. PITNEY: You don't know
that.
MR. COX: Pardon me?
MS. PITNEY: You don't
STEPHAN
necessarily know that.
MR. COX: The physical
movement of a document is not a
communication. It's a fact.
BYMR.COX:
Q. My question to you is, where
56
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does a summary judgment go after you sign
it?
1 0 A. Mter I sign it, it is
11 handed back to my staff. My staff hands
12 it to a notary for notarization. It is
13 then handed back to my staff. They send
14 it back to the network attorney
15 requesting any type of affidavit.
16 Q. So you do not appear before
1 7 the notary; is that correct?
1
1 8 A. I do not.
19 Q. What does your staff do with
1
2 0 a summary judgment affidavit, such as
21 Deposition Exhibit-1, after it receives
2 2 it back from the notary?
2 3 A. They go into our LPS system,
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STEPHAN
MS. PITNEY: Objection.
Sorry. I don't mean to interrupt
you, Jeff. I'm going to instmct
you not to answer anything else,
because you've already testified
that the LPS system is the means
by which you communicate with your
attorney. The attorney/client
communication is privileged. So
don't continue to answer the
question.
Actually, if there is no
question, pending, I'd like to
take a brief break to discuss
something with Brian Fleischer.
(Whereupon, a short recess
was taken.)
BYMR.COX:
Q. Mr. Stephan, do you recall
testifying in your Florida deposition in
December that you rely on your attorney
network to ensure that the documents that
57
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you receive are correct and accuratej . ..-/,
A. That is correct. ~ - I - I ~
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STEPHAN
Q. And is that, in fact, the
case?
A. Yes.
Q. And your department does not
do any independent accuracy check of
those records; isn't that correct?
MR. FLEISCHER: Objection as
form.
THE WITNESS: Can you
rephrase?
BYMR.COX:
Q. Your department does not do
any independent check of the accuracy of
the information on the summary judgments
coming to you; isn't that correct?
A. I review, quickly, the
figures. Other than that, that's about
it.
Q. Do you recall testifying in
your Florida deposition in December, that
the affidavits that you sign are not
based upon your own personal knowledge?
A. I do not recall.
MS. PITNEY: Objection to
58 60
1 STEPHAN
2 I'm saying, yes, it looks conect
3 in my computer system.
4 BYMR.COX:
5 Q. Is there anything else that
6 you look at in your computer system when
7 you're signing a summary judgment
8 affidavit?
9 MS. PITNEY: I'm sorry. I
1 0 couldn't hear the last part of
11 that.
12 BYMR. COX:
13 Q. Is there anything else that
14 you look at in your computer system at
15 the time that you sign a summary judgment
16 affidavit?
1 7 A. The only other thing I
18 can--
19 MS. PITNEY: One second.
2 0 Are we talking about the computer
2 1 system, the communication system?
2 2 I just was asking for
1
2 3 clruification of --
1 2 4 MR. COX: Let me clarify it.
2 5 MS. PITNEY: What computer
---------------------------- - - - - - - - - - - - - - - - - - - - ~ - - - - - - - - - - - -
1 STEPHAN
2 theform.
3 BYMR.COX:
4 Q. You do not recall that?
5 A. I do not recall.
6 Q. When you receive a summary
7 judgment affidavit from one of your staff
8 members, what do you do with it?
9 A. I will first review it
1 0 against our computer system, which is
11 Fiserv, in general tenns, to verify that
12 the figures are correct. And then I will
13 execute it and hand it back to my staff
14 to have it notarized.
15 Q. You say "in general tenns"
16 you review it. What do you mean?
17 MS. PITNEY: Objection.
18 THE WITNESS: I compare the
19 principal balance. I review the
2 0 interests. I take a look at the
21 late charges. I look at the
2 2 outstanding escrow amounts. When
2 3 I say "general tenns," I mean I'm
2 4 not looking at the escrow and
2 5 breaking it down to the penny.
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STEPHAN
communication system Tom was
asking him about.
BYMR.COX:
Q. You testify that you go into
the First Serve (sic) system; is that
conect?
A. Yes, Fiserv.
Q. Fise1-v. Do you go into any
other computer system at the time that
you're signing a summary judgment
affidavit?
A. No.
Q. And you just testified that
you look at principal, interest, late
charges and escrow; is that correct?
A. That is correct.
Q. Is there anything else that
you look at in your computer system when
you're signing a summary judgme.nt /
affidavit? C- -- { - fo
A. The only thing I review,
other than that, is who the bonower is.
Q. When you receive a summary .
11
judgment affidavit to sign, do you read Jl
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1 STEPHAN 1 STEPHAN
2 every paragraph of it? 2 volume of documents that you sign?
3 A. No. 3 A. No.
4 Q. What do you read? 4 Q. Is any patt of your
5 A. I look for the figures. 5 compensation tied to the volume of
6 Q. That's all that you look at 6 documents that your department processes?
7 when you sign a summary judgment 7 A. No.
8 affidavit? 8 Q. Is it your understanding
9 A. Yes, to ensure that the 9 that the process that you follow in
10 figures are correct. 10 signing summary judgment affidavits is
11 Q. Is it fair to say then that 11 in accordance with the policies and
12 when you sign a summary judgment 12 procedures required of you by GMAC
13 affidavit, you do not know what it says, 13 Mortgage?
14 other than what the figures are that are 14 A. Yes.
15 contained within it? 15 Q. Does GMAC do any quality
16 MR. FLEISCHER: Objection as 16 assurance training for your department?
17 to form. 17 A. Presently, no.
18 MS. PITNEY: Objection to 18 Q. Has it in the past?
19 the form of the question. 19 A. I do not know.
20 THE WITNESS: Please 20 Q. You don't recall any?
21 rephrase. 21 A. I never received any.
22 BYMR.COX: 122 Q. Do you have any memory of
23 Q. It fair to say that when you 23 checking the numbers on the Bradbury
24 sign a summary judgment affidavit, you 24 affidavit that's in front of you as
25 don't know what information it contains, 25 Deposition Exhibit-1?
-.. --------- . --
........................ _____
63 65
1 S'IEPHAN 1 STEPHAN
2 other than the figures that are set forth 2 A. I do not recall.
3 within it? 3 Q. If a loan has been modified,
4 A. Other than the borrower's 4 does that show up in the Fiserv system
5 name, and if I have signing authority for 5 that you look at?
6 that entity. That is correct. 6 A. When you say "modified," are
7 Q. The practice that you've 7 you stating a loan modification?
8 just described for signing summary 8 Q. Yes.
9 judgment affidavits is the practice that 9 A. Yes.
10 you use signing all summary judgment 10 Q. Does that show up?
11 affidavits that you handle; is that 11 A. Yes.
12 correct? 12 Q. If a loan has been modified,
13 MR. FLEISCHER: Again, I'm 13 is any information put in the summary
14 going to object to the form of the 14 judgment affidavits that you sign about
15 question. 15 that?
16 BYMR.COX: 16 MR. FLEISCHER: Objection.
17 Q. Is that correct? 17 Are you talking about modified, or
18 A. The practice that I use for 18 his term was loan modification. I
19 summary judgment affidavits is the same
.19
just want to make sure we're
20 practice that I use for all affidavits. 20 clear.
21 Q. And that's the one that 21 MR. COX: That's fine.
22 you've just described? 22 BYMR.COX:
(! . .-f-f1N
23 A. Yes. 23 Q. If there's a loan
24 Q. Is any part of your 24 modification, does information about a
25 compensation at GMAC Mortgage tied to the 25 loan modification appear in the summary
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STEPHAN 1 STEPHAN
judgment affidavits that you sign? 2 Q. Is it correct?
A. I do not know. 3 A. That is correct.
MS. PITNEY: In all of them, 4 Q. And isn't it also correct
or in this one? 5 that you do not check the numbers on
MR. COX: In any of them. 6 every single summary judgment affidavit
THE WITNESS: I don't know. 7 that you sign?
BY MR. COX: 8 A. That is not correct.
Q. Based upon your testimony, 9 Q. You check every single one?
Mr. Stephan, is it correct that when you 10 A. Yes.
sign a summary judgment affidavit, such 11 Q. How long does it take you,
as Deposition Exhibit -1 that is in front 12 on average, to process the execution of a
of you, you don't know whether any 13 summary judgment affidavit?
portion of it is true, other than the 14 MS. PITNEY: Object to the
paragraph containing the numbers that 15 form.
you just described; is that correct? 16 MR. COX: Please answer.
MS. PITNEY: Object to the 17 THE WITNESS: Anywhere from
form. Tom, are you asking him 118 five to 10 minutes, off the top of
about this affidavit? 19 my head.
MR. COX: Well, he's 1 2 0 MR. COX: If we can take a
testified that doesn't recall j2 1 break. I may be done, but we can
so that was not my question. Let 3 (Whereupon, a short recess
me restate it. 4 was taken.)
BY MR. COX: 5 BY MR. COX:
signing this particular affidavit, m2 2 take a break for five minutes.
11------------------------------ ----------------- -----------.. --- ... ---- --
67 69
1 STEPHAN 1 STEPHAN
2 Q. In your practice of signing 2 Q. Mr. Stephan, referring you
3 summary judgment affidavits, Mr. Stephan, 3 again to the bottom line on Page 1 of
4 is it correct that they always have a 4 Exhibit-1, it states: I have under my
5 paragraph containing the numbers of the 5 custody and control, the records relating
6 amounts claiming to be due? 6 to the mortgage transaction referenced
7 A. That would be correct. 7 below.
8 Q. And is it correct that when 8 It's correct, is it not,
9 you sign those affidavits, you don't know 9 that you did not have in your custody any
10 whether any other part of the affidavit
110
records of GMAC at the time that you
11 is true or correct?
11 signed a summary judgment affidavit?
12 A. Please advise me. What do 12 MS. PITNEY: Objection to
13 you mean by "any other part"? 13 the form.
14 Q. Any other paragraph, other 14 THE WITNESS: I have the
15 than the one containing the numbers. 15 electronic record. I do not have
16 A. I review it for the due 16 papers.
17 date, if that's included in there. 17 BYMR.COX:
18 Q. So all of them -- 18 Q. You have access to a
19 A. So that would be the 19 computer. Is that what you mean?
20 numbers. 20 A. Yes.
21 Q. So other than the due date
121
Q. You have no control ovev
22 and the balances due, is it correct that 22 that system, do you?
23 you do not know whether any other part of 23 MR. FLEISCHER: Objecnon as
24 the affidavit that you sign is true? 24 to form.
c - ~ t - ~ ~
25 A. That could be correct. 25 BYMR.COX:
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1 STEPHAN
2 Q. You have no control over
3 that Fiserv computer system, do you?
4 A. No, I do not.
5 Q. And someone else within GMAC
6 is responsible for ensuring the accuracy
7 of that system; isn't that correct?
8 A. That would be correct.
9 MR. COX: I have no further
1 0 questions.
11 MR. FLEISCHER: We're done,
12 Julia, unless you have something
13 to add.
14 MS. PITNEY: No.
15 (Witness excused.)
16
1 7 (Whereupon, the deposition
18 concluded at 11:45 a.m.)
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72
I have read the foregoing transcript
of my deposition given on June 7, 2010,
and it is true, correct and complete, to the
best of my knowledge, recollection and belief,
except for the corrections noted hereon and/or
list of corrections, if any, attached on a
separate sheet herewith.
JEFFREY STEPHAN
Subscribed and sworn to
before me this __ day
of , 2010.
22 122
23 23 Notary Public
24 124
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1 1 - - - - - - - - - - - - - - - - - - - - - - i ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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INDEX
Testimony of: Jeffrey Stephan
By Mr. Cox ......... 4
EXHIBITS
NO. DESCRIPTION PAGE
1 Affidavit 3
August 5, 2009
DiscoveryWorks Global
711 73
I ~ CERTIFICATE
I 3 I HEREBY CERTIFY that the witness
4 was duly sworn by me and that the
5 deposition is a true record of the
6 testimony given by the witness.
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Susan B. Berkowitz, a
Registered Professional Reporter
and Notary Public
Dated: June 9, 2010
(The foregoing certification
of this transcript does not apply to any
reproduction of the same by any means,
unless under the direct control and/or
supervision of the certifying
reporter.)
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DiscoveryWorks Global 888.557.8650 www.dw-global.com
sor & P\ssociates
lnc,
IN THE CIRCUIT COURT OF THE FIFTEENTH JUDICIAL CIRCUIT
IN AND FOR PALM BEACH COUNTY, FLORIDA
CASE NO. 50 2008 CA 040805XXXX MB
GMAC MORTGAGE, LLC,
Plaintiff,
-vs-
ANN M NEU A/K/A ANN MICHELLE
PEREZ; DOUGLAS WILLIAM NEU;
UNKNOWN TENANT (S) IN
POSSESSION OF THE SUBJECT
PROPERTY,
Defendants.
DEPOSITION OF JEFFREY STEPHAN
Thursday, December 10, 2009
1:00 p.m. - 2:30 p.m.
Consor & Associates
1655 Palm Beach Lakes Blvd., Ste. 500
West Palm Beach, Florida 33401
Reported By:
Jamie Reynolds Bentley, Court Reporter
Notary Public, State of Florida
Consor & Associates
1655 Palm Beach Lakes Blvd., Suite 500
West Palm Beach, Florida 33401
(561)682-0905
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
sor & Associates
1 APPEARANCES:
2 On behalf of the Plaintiff:
3 ALEJANDRA ARROYAVE, ESQ.
4
5
6
7
Lapin & Leichtling
225 Alahamra Circle
Suite 800
Coral Gables, Florida 33134
(305) 569-4100
8 On behalf of the Defendant:
9 CHRISTOPHER IMMEL, ESQ.
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Ice Legal, P.A.
1975 Sansbury's Way
Suite 104
West Palm Beach, Florida 33411
(561) 798-5658
Ph. 561.682.0905- Fax. 561.682.1771
Page 2
c - - 2 - ~
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
sor & Associates
Page 8
1 ultimately sign and execute?
2 A. They would review the document that is given
3 to them through our computer systems.
4
5
Q.
A.
Okay.
So they don't actually prepare it per se.
6 They review it for the accuracy of what type of entity
7 I'm signing as.
8 Q. Okay. How many different entities do you sign
9 as?
10
MS. ARROYAVE: Objection: Form.
11 BY MR. IMMEL:
12
13
14
15
Q.
A.
Q.
A.
Can you name what entities you sign
I sign presently as MERS.
Okay.
And under MERS as vice president or an
16 assistant secretary. Also, I sign for GMAC Mortgage.
17 And to be honest with you, it's too many entities for me
18 to actually quote under GMAC. But it is as a limited
19 signing officer.
20
Q. Okay. And earlier you stated that right now
21 it's GMAC, LLC.
A. Uh-huh.
22
23
Q. You do still currently sign documents as GMAC
24 Mortgage, LLC?
25
A. Yes, I do.
c -;<-3
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
sor & Associates
Page 14
1 they have other responsibilities?
2
3
A.
Q.
They have other responsibilities.
Are any of the members of your team, people
4 that also notarize documents that you execute?
5
6
A.
Q.
Yes.
Yes. Okay. Is there a job requirement that
7 certain employees become notaries?
8
9
A.
Q.
I don't know.
Okay. And what type of -- what level of a
10 type of employee would it typically be that is a notary?
11
12
A.
Q.
I don't know that either.
All right. Does the company pay for the
13 process of becoming a notary or the renewal fees?
14
15
A.
Q.
Yes.
Okay. If a notary feels that they are being
16 asked to notarize something that's done improperly, is
17 there a process which they can, you know, raise that to
18 anybody's attention?
19
20
A.
Q.
I honestly don't know.
You are not sure. Do you notarize any
21 assignments of mortgage or other documents yourself?
22
23
24
25
A. No.
Q. Are you a notary?
A. No.
C - ~ - 4
Q. How are witnesses ordinarily chosen?
,_ .. , . ... . . -:-:-
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
sor & Associates
Page 13
1 information.
2 Q. So the attorney creates these documents and
3 you are relying that the attorney is correct?
4
5
A. Yes.
MS. ARROYAVE: Objection: Form.
6 BY MR. IMMEL:
7
8
9
Q.
notarized.
A.
Q.
the hall?
A.
Okay. And then they are required to
Are they notarized in your office?
Yes.
Is the notary present with you or is
The notary is in the same department.
be
it down
10
11
12
13
Q. Same department. Okay. Are they physically
14 present when you (sic) notarize this -- or when they
15 notarize and then you execute it?
16
A. No, they are not physically present. But I
17 will I do deliver them to the notary.
18 Q. All right.
19 A. And I wait for them to notarize it to hand
20 them back to my team.
21
22
23
24
25
Q. Okay. All right. What department then? You
said your department?
A. Right.
C-;)._-t;
Q. And as part of their job responsibilities,
would notarizing be their sole responsibility, or do
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
sor & Associates
nn1t l;nc,,
Page 15
1 MS. ARROYAVE: Object: Form.
2 Chosen for what?
3 BY MR. IMMEL:
4 Q. The witnesses to, say, the assignments of the
5 mortgage, and the witnesses of things that you execute.
6
7
A.
Q.
They are just chosen randomly.
Chosen randomly. Okay. Approximately how
8 many days a week do you spend executing assignments,
9 affidavits, and the various documents that you execute?
10
11
A.
Q.
Five.
Five. Okay. Are there any specific days
12 where it's one day these types of documents, this type
13 of documents, or can it be just a mix?
14 A. It's a mix.
15 Q. Okay. Approximately how many documents would
16 you say are presented to you by your team at a given
17 time? Is it one at a time, or ten at a time?
18 A. It is done in bulk.
19 Q. Done in bulk.
20 A. I could not quote you the exact number.
21 Q. Okay. Going back to the signing officer as
22 Mortgage Electronic Registration Systems, you said that
23 you are -- you sign as both vice president and as an
24 assistant secretary?
25 A. That is correct.
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
I
sor & Associates
Page 16
1 Q. Is there any basis for one -- you sign as one
2 versus the other?
3 A. The majority of the time I sign as a vice
4 president. Most times we do not need an assistant
5 secretary, unless they are asking for a second signature
6 on any type of an affidavit or assignment.
7 Q. Okay. And, again, you are not paid by MERS.
8 Do you hold any other responsibilities with MERS that
9 would be consistent with having the title of a vice
10 president?
11
12
A.
Q.
No.
No. Okay. So you don't attend any board
13 meetings for MERS?
14
15
A.
Q.
No.
You don't report to the secretary of MERS or
16 any other people at MERS?
17
18
A.
Q.
No.
How did you become a MERS representative? Did
19 you request to be a vice president of MERS?
20 A. I received the responsibility as being the
21 team lead for document executing. It was assigned to me
22 by our legal area. c-- ;)._ .... 1
23
Q. Okay. All right. So your responsibilities as
24 a vice president of MERS to execute the assignments is
25 really your job perspective, or an aspect of your job at
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
or & Associates
Page 17
1 GMAC Mortgage, LLC or GMAC, LLC?
2
3
A.
Q.
That is correct.
Okay. And you've never been to any MERS
4 offices or their headquarters?
5
6
A.
Q.
No.
Are you aware of why you were given the title
7 of vice president versus assistant secretary or ...
8
9
A.
Q.
No, I'm not aware of that.
Okay. All right. I have here the assignment
10 of mortgage which you executed in this case.
11
12
13
14
A. Okay.
MR. IMMEL: I'll enter that as Exhibit A.
(Defendant's Exhibit Letter A was marked for
identification.}
15 MR. IMMEL: I have a copy for you, as well.
16 THE WITNESS: Thank you.
17 BY MR. IMMEL: I
18 Q. In the top left-hand corner it says, Record
19 and return to offices of Marshall C. Watson.
20 Based on your earlier statements, it's
21 accurate to say that attorneys at Marshall C. Watson
22 created the information on this document?
23
24
25
MS. ARROYAVE: Objection: Form.
THE WITNESS: That would be correct.
Ph. 561.682.0905- Fax. 561.682.1771
1655 Palm Beach Lakes Blvd., Suite 500 - West Palm Beach, FL 33401
Case: 3:1 O-cv-007 48-wmc Document #: 4-5 Filed: 11/30/1 0 Page 1 of 5
e e
UUI
HF NOTE /
Loan No: 040100106582 Dm lD: 826
BorrOWCJ: WENDY ALISON NORA
AD.TUSI'ABLE RATE NOTE MIN: !IXJOl470.16ll065821
(I.JBOR Sl.xMO!th Jndelc (As Publbhecl In The Wall Stnet ]oumai)-Rate Capt)
nDS NOTE CONTAfNS PROVISIONS ALLOWING FOR CaANGf,.S IN MY INTEREST RATE
ANU MY MONTHLY PAYMENT. TillS NOTE J..J:Ml'l'S mE AMOUNT 1tfY INTEREST RATR
CAN CHANGE AT ANY ONE TIME AND TDE M.UIMVM RATE I f>fUST PAY.
June 5, 2002
t. BORROWER'S PROMISE TO PAY
MAD lOON
(CUy)
6931 OLD SAUK RD
MAI>ISON, WISCONSIN
{Propwty Add/..,}
WISCONSIN
IStaiJ
I.n rctwn Cor a loan tblt J !lave recetveo. I proml$e to pay U.S. S l3S,900.00 (tll.is amount is call{'.d 'Principal'),
pill$ Interest, to the order of Lend. Lender a AEGIS MORro AGE CORPORATION. i will make aU payments
uooer this Note in the form o! casll. tbeck or money order.
I undcntand tblt Lender my lra.osfer t.h.is Noto, Lender or anyone who take;\ this Note by transfer and who
1$ c:ntltleclto m:elvc payments under thi$ Note is call! tbc Note Holder. ..
2. INTER.FST
lntuC$1 Will be dlarged on unpaid principal until tbc f'uJJ amoUllt of Prlllcipal tau been paid. I will pay interest
at a yearly rate of &610 %. The Interest rate ! will pay may in with Se<.-1lon 4 of this Note.
The llltetC$1 rate required by l.liU Section 2 and Scaion 4 ot this Note is the rate I will pay both before and
after any c!cfauJI 11:1 Seetlon 7(B) 9f this Nato. . .
Solei)' ror the pllrp0$e of romputlng lnterc:st, a monthly p(I)T!Ieut rw:lved by the Note Holder within 30 dAys
prior to or after the date ll u d\10 will be deemed to be paid on $ucb due date.
J. PAVMENTS
(A} 1lme alld PLIKe of Pa,mf:QU
l will pay ptindpal and by making a pnyment every month.
I will mAke my monUtly pll)'lmnts on the fiist day ot each month beglnniog on Angust 1, 20m. l will make
111$0 paymenu evuy month until! have paid all of the principal and interest and any other below
!bat lcnay owe under th!J Noto. Eacb monthly payment wtU be applied to Interest ll<lfore Principal. If, on July 1,
203Z, I stU! owe amounts under this Note, 1 will pay amounu In CuU on that date, whJcb Is called the 'Maturity
Date.
l Wlll make my monthly paymenu at 5208 WEST RENO, SUITE 2.55, OKI..AliOMA CITY, OK 73127. or at
a differeot place if required by the Note Holder.
111111111111111m m 1111
0481001 06682ZI80
case: 3:1 o-cv-007 48-wmc Document #: 4-5 Filed: 11/30/1 0 Page 2 of 5
e e
Loan No: 046100I06S82 Data ID; 826
(B) Alllonnt of M7 JnUJaJ Monthl)' Pa;rmenUI
Eaeb oc my Initial monl.hly paymenu wm 1>e in the amount or U.S. S 1,055.57. Thls amount may change.
(C) Monlhl1 Cbanges
Cbange;t in my monlhly p-ayment will teflcct manges in tbe uopald principal or my loan and in the Interest
rate that I mll$t pay. The Note Holder wUI determine my new interest rnte and the changed amount of my monthly
payment in with Seetlon 4 of thls Note.
4. INTEREST RATE AND MONTHLY PAYMENT CHMIGES
(A) Cbals&o Dale$
The interest rate l wtU pay may change on the first d.ay of 1u.ly, 2004, and on that day every 6th month
thereafter. Each <late on which my Interest nue rould change il called a 'Change Date.
(B) 1be Index
BcstnnJng ?Iilli tho tint ChAnge Date, roy Interest rate will be oo ao Index. The lnd1' !5 the avc:rage
ot Interbank offere<l toT W: month U.S. dollu-detlomlnat((J \lepoill.\ In the Loni1onn:uultet ('LrBOR], aJ
published In The w..u Street Journal. The m<l recent lndet figure aJ of the .finl business day of the
monlb !uunedlattly pruedmg the month in whictl the <;bange Date om111 u caUed tho 'Current lndex.'
U the lndals no longer avallabte. Holder wil.l choose a new IMex that 11 based upon C'Qmparable
lnformallon, The Note Holde: wUI give me notice of this choice.
(C) CalallatJoa or OWtt:u
Betoro f.ICb Qangc Date., 1M Note Holder wtU caleultlte my new Intel(.$! nte byllddlng SEVEN llld 485/li.XXJ
porccntagc po!Ats ( 7.4&5 to tbc Current lnde:t. The Note Holder wUIIhen round the mull ot thls aCdlllon co
the neare&t otone point (0.!25%). Subjett to !he limits sttte4 In St(tlon 4{D) below, tnu
toundW llnOIIfll Will be my new Interest nuc unt.U the next Change Date.
The Note Holder wiU then detennloe the amollf!t of the monthly payment that v.vuld be sufficient to repay
the unpaid prll!Cip;llhat 1 am expeetw t.o owe at the Cbange Date in tuU on the Maturily Date 111 my new interest
rate In &ubstanUally equal payment$. The result ot lh.b c-alculation will be the new amount ot my monthly payment.
(D} Umlts on httemt R.llte CW.US"
The interest rate I am required to pay at tlle tint Change Date will not be greau:r than 11.6100 ?& or It$$ than
8.6100 Interest me Will never be incr08St<:l or on any single Change Date by more than
ONB pctCCI!tag4 point (1.00 front lbc 1111e of lntert:st l have bun paying for the prc:c.edlng 6 month.!. My
lntett:st rate w!l.lncver be greater lban 14.6100 %, or IC$S t.llan 8.6100 '.l..
(E} E'.l!'eetlve Date ot
My new Interest rate Will bleme etrecttve on each Change Date. I will pay the amount of my new momllly
pa)'JI)cnt beBfnning on lbe tinl monlllty payment date alter the Date until the amount of my monthly
pa)'mcnt chanp again.
(F) Notice of Chuata
The Note Holder Will del!vcr or mall to me a of any changes In my interest rate and the amount of my
monthly lloforc the effeWvl.l date ot any change. 7he notice will Include Information by law to
be given to me and also the title a.nd telephone of a perw.n who wJU answer any que51ioo 1 may have
regarding the notJce.
j INmAI.S: wf
Case: 3:1 o--0748-wmc Document#:-
Filed: 11/30/1 0 Page 3 of 5
Loan No: 046100106582 Data ill: 826
s. BORROWER'S RIGHT TO PREPAY
1 have tbe rlghl to make payments ot Principal at any time before they are due. A payment or Principal only
IS knOwn as a 'Prepayment Whtll I make a Prepayment, I will tell the Note Holder Jn writing I hat I am doing so.
1 may not designate a payment M a Prepayment if 1 have not made all the momhly pa)llllents due under this Note.
1 ma)' mAke a full Prepayment or partial Prepayments without paying any Prepa)'lnent lf this Note
not In defaUlt, the Note Holder will U$e my Prepayments 10. the amount of Principal that I owe under this
Note. However, t11e NlltC Holder may apply my Prepayment to the aci;rved ani! unpaid interest on the Prepayment
amount before applying my Prepayment to reduce the PrinCipal amoum of thu Note. If r llUikc a partial
Prepayment, tberc will be no changC-' l.n the due dltC-' ot my monthly pa)'lncnts the Note Holder agrees !n
writing to tbo.se changes. My partial Prepayment may reduce tbe amount of my monthly payments after the fim
Chango Oato rotlawing my partial Prepayment. Howcvet, any reduction due to fJ:rj partial P1cpayment may tJ.e o!Uet
by an interest raw
6. .LOAN CliARGFS
1f a law, whlclt applles to thh loan !UIIi wb.ltb &el.$ maltimum loan cha.rgt$, l.1 finally lnterprcte4 so that the
Interest or other loan cbargc:s oollecte4 or to be roUected in connection with thls loan e:a:etd the permltte.d limits,
(a) any $Utb loan c.batge shall be redu< b)' the amount ne.Ua.ry to reduce the charge to the permitted limit;
ana (b) any sums atrcatl)' oollected from me tlat permitted Umlu will be refunde4 to me. The Note
Holder may cbQose to make thll retund by w;tucU!g tile Principal l owe under this Note or by making a l!lr<:el
pa)'lllenl to me. U a refund reduocs PrindpAl, the reduction \\ill be truted M a partial Prepayment.
7, BORROWER'S FAILURE TO PAY AS REQUlR.E'l)
(A). Late tor Ormb,1e
lf the Note Holdtr tw not received the 1\lU amount or any monthly payment by the end of 1.5 calendar dli)'S
after the dlto it Js due, t wlU pay a late Charge tQ the Note Holder. The amount oC the charge will be 5.00 %of
my overdue pa)'nlent oC prl.tlclpal and interest. i will pay this l.ate cll.&rgo promptly bot only on eatb late
payment.
(B) Defattlt
If I do not pay the full amount of each monthly p.ayment on tile date It ill!ue, I Will 1.>e in default.
(C) AfCdmatJon
It I am In the Note Holder may Without or deman<J, unle.u otherwise required by applicable
law, requf.ro me to pay immediately tllc full amount of Principal that ha$ not bun pall! and all Interest that I owe
on that amounL
{D) No Wa!n.r 87 Nottl HoW
Even it, at a time wben I am In detault, the Note Holder does not require me 10 pay Immediately In Ml M
Oe:scr!bed allove, the Note Holder will still b.avc the right to do w U l am in default at a later time.
{B) ra,..,ent or Note Co$ts aDd ExpenRs
U tho Note Holder bas rcquile4 me fO pay l.mmedlately in tull as above, tbe Note Holder Will bavc
tile right to be pald bm by me Cor all of iu anu and C1pNt'& In enforcing thls Note to the <:xtent not
by appllcabte law, TIIO$e Include, tor examp.Je, reasonable auornt)'l' fee.s or 15.00% of the suln.$ due
under this Note orlhc lll'DOUDl allowable unaer applkablc nate law.
Case: 3:1 0-cV-'00748-wmc
Document #: 4-5 Filed: 11/30/1 0 Page 4 of 5
e
e
Loan No: 046t00106S82 Data !D: 826
8. GIVING OF NOTICES
Unless applicable law requires a differenl method, aJl)' noliu that mu.sl be given ro me under tills Nore will
be &Jven by delivering h 01 by mailing II by first class mall to me at the Property Addre. above or at a dliferen 1
atloress if I give the Note Holder a notice ot my different address,
Unless the Note Holder requires a different method, any that mu:ll be given to the Note Jiolder under
this Note will be given by matll.ng 1t by tint class mall to !be Note Holder at 1he address state<! l.n Section 3(A)
above or at a different addri:Sl if lam given a notice or that different addres.s.
9, OBLIGATIONS OF PERSONS UNDER 'IillS NOIE
Tf more !han one person signs tbl.s Note. each person is fully and personally obligated to kup all or the
promlm made in thl.s Note, including the promh:e to pll)' the full amount ow<. Any permn who Is a guarantor,
surety or eoa:orser orthU Note J.s also obUptoo,to do these lhiJlgs. Arry person who IU.e$ m-er obllgatlons,
illduding Uto obligatiotu of a gU411llltor, surety or endorser of this Note, is llw obligated to keep all of the pmnl1ses
made in this Note. The Note Holder may enforce Its rights under this Note against e,gch pc.non individually or
against aU or us together, T1tis mc:all$ that any one or us may be roquire4 10 Jl&Y all or the amounts owe4 under
th.is Note.
10. WAIVERS
I and any other pen.on who bas obligations under this Nole wai\-e the rightS or notice of aeleration,
and Notice of Dishonor. rresenunent' means tile right 10 require the Note Holder to demand
paymClll or lllllOUuts due. Notice ol Dishonor mc:all$ the right to require tbe.Notc. Holder to give notice to other
penons that aJUO\lDili due have not been paid, . . _ .
U. UNlFORM SECURED NOTE
'Ibis Note is a uniform tns!nunent wltb limited variations fn some In MdiUon to the. protections
giVen to the Note Holder under thJ.s Note, a Mongage, Dee<! of 'Ihl.lt, or S:t.trity De<1 (the 'SecurHy tnst:rJment'),
dated the same d.ato as this Not. e. protecu the Note Holder from los.ses that might If I do no1 keep
tho prOII1isl'i$ that 1 make 1ll tbl.s Note. ThAt Security ln.mumenl de.scnl>es how and undtJr wbat ooodi!lo!ls l may
be reqnir< to make immediate payment in fvU of all amounts l owe under this Note. SQme ol those
reacJ 1$ follOM:
Tntnsft!' of Ute or lntel'ell In Botr'01!'et. As wed in thl.'l &ctfon 18, loterc:<$1 in
the Property"' meaM any legal or beneficial Interest !n the Ploperty, Including, but not limited to, those
beneficial Interests tra:n$!erred ln a bootl for deed, oontmt for dwl, installment sales contract or esaow
agreement, the Intent of whiCh Is the ltansfer of tlUo by Borrower at a fuiUre date to n purchaser.
U au or any part of the Property or any lntert !n the Property is wlci or trarufemd (or lr Borrower
b not a natural I!Dd a beneficial interesl in Borrower is or without Lender's prior
wrlttCll ronsent, Lender may require lmmedi.ete payment in ruu of aU rums secured by this &x;urity
lnstrumeut. H(II.\'(';\ICr, this option tball not be exerclsed by Under If such uerc.Ue 1$ prohiblte<l by
Law. Lender lllso shall not exercl.se this optiOJlll: (a) Borrower cause1 to tle submlttoo to Lender
inliil'mlltion required by U:nder to C'VlllWite the Intended .u if a ocw lonn were \!cling made w the
UWfCI't>e; Md (b) Lender reasonably that Lender's 6:wil)' wiU not be impair! by the loan
assumption and that the risk of a or any c:ovenant or agreement In this Security lnstrvment ts
to J.,ender.
1b tM cxtCllt permitted by Applicable Law, tender may ellarge 11 rea.scoabte as a oomlltiou 10
Lender'$ ronscnt to tbe loan assumption. Len!ler al.so may require tM transferee ro sign an assumption
agreement that 15 aw:ptablc U> Lender and that the 1r:uuferee to lc(.cp aU the promi.sJ:s an<1
agreements made In the Note nnd lo t.b.u Security lnsii'Ument. Borr<JWer "ill rontinue 10 be obUgatoo under
1110 Note and this Security lnstrvment 11nle Le!IUcr releues Borrower In writing.
. Case: 3: i 0-007 48-wmc Document --5
F.iled: 11/30/1 0 Page 5 of 5
L.'>an No: 046100106S82 Dat! ID: 826
WITNESS THE HAND(S) AND SEA.t(S) OF 1HE UNDI!RSIONED.
~ ~
(Sign O!lglnaJ Onlyj
PAY TO THE ORDER OF
Case: 3:10-cv-00748-wmc Document#:
Filed: (I):B/GID/1 (I) Page 1 of
6
Loan No 046100!06532
!3()1f0Wer: WENDY ALISON NORA
ADJUSTABLE RATE NOTE \\i:\ H\J:.\H7\l.<t6l
(I.H!OR lmh:.x (A:o; In The Wail jMnn;;ll-RIHt, Cip-,i
THIS NOTE CONTAINS f'ROVtSIONS AJLOWJN<; FOR CliAl\'I.:!:S !"l ,'..1)' !:'<TI':RfST HATF
AND MONTHLY THIS NOTE UM!TS Tm: IIMOt11'\'f MY ;NlbHEST HATE
CAN CUAN<JE AT ANY ON!': TIME ,\NJ) Tin:. MAXt1\fti'\1 HATE ! MUST Pr\'1'
June 5. 2002 MADISON W\SCONS!!\
lClt!}
693! ()LL) S.,\\JK R L)
hL<\DlSO!'l '.V!;)CONSlN i 7
(P'IC?<:")' ft;lt"l'tJ$>}
L IIORROWER'S J
1
IWMISt:: TO f'A Y
Jn rumrn fbr a loan that 1 have l promtse tQ p;w C S :S D5,9<XHXJ .G. .. n: '- Pnn..:n1:rl' '
plus hncrtst, m lhc <.Hdcr of t.cndcr. Lentler is AEGIS MORT(1AGE COHPORA'DON. 1 wili mzd;c 3!1
un!ler thiS Note in the form of rnsh, check m money order
I understand that Lemler mny tran.sh.>.r !'lcli:, Lender i'f anyo11<: wlvJ l;okcs tim N'.>k an<; wno
ls entitle-d to under this Nntc is 'N(lt Hnlrkt
z. IN'l"F:Rr:ST
tntcres' will he charged on unpaiJ princip:l! umH the h1t! ammnu of !'rinop:Jl !li!S P<:<.'n p<tiJ. l w111 p;iy
at a yearly nue of 8.610 %. The in1eres1 wu: l wi!i pay may <:!Htflgl' in n.;:(:or\l:nH:<: w:\rt Sect ton 4 of !'<me
'Ole interest nne req<;ired by this Sccllcm 2 ;:Jad Section 4 of this r..:mc L' raw 1 wlil pny \o!h and
after any default descrll)ed tn St.Kiion 7(13} of \his Nt1tc.
Solely fot the purpi..1:iC of :;ompvling ;; month:y nc..;l':c<l by Ht i'-:c\t withn; \H uar'
pdor or after lhc rll!!l.' H b due will \ltcmctl in be en fhiCO
3. J'A\'Mfi:NTS
(A) Time nn!l Puynwnts
l will pay prindp;,l and lnler<:st by making '' pJ.yr>'lt:l!l c>erv !>1iHllh
I will make tn)' 11\\Hilhly paymcnls {Jl\ 1tw lny of caz:h mcmi; ,,,.l i, : .v1t! ItLJi.<:
payn1ents cvc1y momn llntll l !;aye pair! ;.jlJ o! the pnndp;li at:t! lnttrcH .1;1\J an. )\'her dcscrlb<:t.! b<:lnw
thai l may !1We unrter rnis Nme. Enc.h. rnonthl:r payment ,,,.ill bt l!.t t1cfor>: F'rincij>:il lL 0!1 Juty t,
2032, I still owe amounis under this Nutc, I wlll i>ay ilmourn;;. Hl full on lrtai dnlc. wlnch is -:-:iHe\llht:
.
l will make rny montllly payntcnts nt 52!18 SUl'rE 255, CITY. OK 7:\\27, or ;
1
1
u different place If required l'y the Note Ho!<let.
MIJIJ\S'fAi M,.lUSTA.atE MTC S();.MOO'lii !NDI."X P'UDUSHfO lN THE WAll. SffifT ,JQURNA\J.
Sh;.1b UNIFORM
;,o,
I IIlli 1!111 tlllllltllllll! flfllllllllfllllliflllllllllll \!Ill iliff IIIII Ill! 1111
04<ll001005.')z;?j 1!0
Case: 3:10-cv-00748-wmc Document#:
Filed: (J):B/G<D/HD Page 2 of 6
(11) Amount of M.y tnil\a! Monthly l'nym.:nts
Ewch \)(my in!lial nmtHhl; piiyment<; wiU lx: In Hit. ;Hnmw\ <A t' S S i.05).:;t Th< :H;,,.nH:t nuy
(C) Monthly l'nymcnt
Changes in my momlll)' will rcHeo ;n the unp(1ld pnnup1i. of ln;\n H\ thr: it;icrcs;
that l nlUS! 111\': l1n:dr-r \Viti detCf HHi!t; fl'.Y th'\\' J'Ptt:tt!::.t 1 :'nd n1 1 n:' rov
rmyrnent in aceordtmcc w\lh Gf this ..
4. lNTC:REST RAH: ANI) MONTHLY PAYMENT
(A) <:hnng\1 Dales
H1tc l will prq ma.y ch.ange 011 :.ht' ilrst day 1u!y, ZfX.lc1, ;qv! o;>n 1b,1: <:Lty every fi\h nunth
thereafter. Endl dult: Ol' Wilich rny inlcrcsl mte cm;l<i is uJllc<:! a "(:hang<: D:11.e'
fll) The
Be:glnn!ng wi!h lhc lint Change Dillll, my intere;;;! r.l!c w<O be on ;w lm:l.;.; n;e "!ntlo.' the average
of ltlletb;mt:; offered m1e;; for 5\X moruh US. 'kfG'iHS ;n !llc '..mien nnri\tt p I
published In 'The \\'illl Street Joum;;t! The lm:kx ;n.\lH;,t,lc d ... fl!"S\ <la; ol thr:
month prcc't'>ding flh1iHh ill v,tttch the C!l;mge. DrtH; ncv,Hs c;:\kil :lw 't\:rr.:n lndc.x.
If the lmicx ls no 1!1(;, Nntt Hoh.k:1 vciH .;;j.n":t a !Wv. mde;<. 1b .H b 'Hl"il comn:jr:1bk
infl,rmatiorL T!w Nme HtJhkt w1ll g\vc me nn:n.o :'!> cl:c:::z; '
{(:) Ollt:ulation of
Heforc each Change H1c f'{(!tC tinJCer \VlH tuy IHH':re,:t\ t f;-; und
polnt:s (!ASS !U lfll; Cuncm l:l\'k;\. 'Hl<: "'''lf: Hu:ckr wm h>i.ltd f<>,;dl of lfW ;H]!Jm:;,n (()
the nenrcst QllC"'elghth r>rH: (0 :t\ '?, 4({Y;
rounded dfllOlHH
t'Y fn:.v
be given 10 me lHld ;\!5<) tilk iiiHl !c!Cphonc m;mt>n d ;, jllT:>':t c.v;,o \\lli .PF":' a, quc;itll>n 1
111
;,; h:.vc
re.g;n<ling tllc nom:e.
MWISTATtl: AOJIJ$,1'.\ate MlE OO'fa.OOOR \iiX-MOmH INDEX t.a.s itl me WAU Slf<'l;!'T ,lOOf\N,t.,tj,.
,_bit HNlFOf!M WSTf!UMI!JH
tlv 4 Gi:tntMt !'wm J5N \101 rPm;
11
2
0
r 5 p
119
,,;:
...... .. ...
! INITIALS: Uir:tA/ l
l .. __ .1
Case: 3:10-cv-00748-wmc Document#:
Filed: ID:B/80>/1 0> Page 3 of
6
5. llORRO'WER'S IUGHT TO PREI't'\Y
l nave tim ngh1 w ilh<kc of J>rw:.1pul <H any ww:: hdn< ihcv "'' ;'\iC .:, p;vmc.nt of Pnnnp:)l m:h
is known a1i .a 'Prt!pZ\ymem When l mak.;; a i wtl\ id\ 'he !\nw H'!idt:i 1;: Unt \ Jm dt)inr
1 may 1\ot dcsigrmte a a;; P;epayment if\ no\ n11ik ;;.1\ lhc nH>mnl:; px,m;:nt:\ <he nntkr !hr; f",;;c
1 m
11
y make a ful! or parwd PrcpJynwm.s w1;::on1 PJYl" ;;nv durit ll !lw hntt s
1\0! in dcf\lol\, the Note Holder Wti! Hl)' i'Rp<!ymcnl> !(' :Hi me the a moun! "i Pnn1 :h.t: l <N;c tliHkt :hi.'
Note. However, the Note Hoi>lcr may my Prep,Jymtn\ tr H:< ;Kt:nH:d ant! n\cs':q un IlK f'rt:paymn1l
before applytn.g my w redno: ihc l'mK1p:,: :,mnutH ut llm ;>.lute H I rn;lli(: a piltli:<l
Prepayment, there will he IN m the due date); of my mQn\ltiv uiilb'' the :'leu: Holder in
\\'fil1ng to HlO!!C c.hange,\, My partial Prcpaytm:nl may rcoucl.' !he Qf my aftc:r Cir'''
Change Date f\}lhii.\o1!l!J my pilnial However, any w !11} Fr-::pymtn\ mny b<; nib:\
by an interest ra\e incre:>.se,
6. 't.o,\N CfiARGl'S
If whidl <tpphe:s w this Jp;m ana wlw:ll m.tcnwn1 !;>::Ht :'- r:M:U; ;;11\:qH('\\:.ti :;o ll',,l\ \h:
tnlerest or other or \(l be tn v.-qh
I hen; (a) any 11\ICh loon srm!\ be rt'{llltell hy the a:mmrll n<;>;<C.S-5<HY to zc;Ju,:<: rt1c: .:l1a: g;: If.> \ltc'' pctrni\tcd li!lli!,
i\!'!U (h) any a!r;;:\d) ooile<:tG<:! hom !ni: th;J\ CXt:GCded lim!h \\,ji,\ i:;<; ((> me Tn.:
Hnlder mny cnon$t: w tlti;:, l>y rducing \he P!inc:p:!i l nN: \.\ndu '''''' :"<1 1c m;d-:w; a Olft'.,'.
payment to me. H n rc.fund reduces Prine; paL the reu1!rl!on will ht: HcMo! ,;, :> pun '''i f'r;:pvm.,:m
1" lJQRROWint'S TO !'AY AS REQUil<lW
(A} Late fer O'<e:rdue l'nymenl&
If !he Note Holder nnt H\teivcd >he lu!l ;Jm{)Ufil of 31l'<' nwnllih p;wnlt:ft' h <':< end t:f J5 ca!(:1d;;: \ia>,",
ilfter tlie date il b due, t wHl pay <l l;;tc It' lhc .:!t.: !J,)I\Jcr fht .'1 ,t;;: w1ii he 500 X.
my <..Wcrdue. pll}Tllt:nt ,>,! anu lntr.rt:st i wH! p;1; t!m 1.1te pHc'PW1i\' t;P once r.n t:Jd\ LH<-
paymcnt.
(B) (kfuult
!(I dil not puy lhf' fuli unwmH of <:<Kh m<Hilhl,- pJ'imCI\\ on !hr.: ,!;.lc it;:; <ltlc, l '-'oill b: (Jef.wll
(C) Accdel1!1l1Jn
lf I nm !n dcfuuH, th:.c N()tc Holder may v,ithont noiit:c or \kH1and, 'Jnl..:ss !.Hh;;rwt:;,; rc<.pJig:.d bv
law, rne !O J'llY irnrneuic:m::ly the f'ull;;mourn nf Frmcw;c;l 11m hiL'i not recn r<Ld a!,,i :1H rri,tr 1 :?"'t
on that amnltnt.
(D} No Wuhc:r lly Nof<: Holder
Even if, lH n tnnt' when I am in rkfaull, Nuie Hiildt:r dee.:, n<.H re<Jt>ift.: .-w.: ;n p;ry Hnrm:(J\ately tn fuB ,
15
describ-e-d aiHWC, the Now Holder will have lhe righl i.o <h! s11 if ! am in default "' n hw:r nme
(E) l
1
nymll'm M Nvte Unlth::r's t'Q!il8 und
If the No\c Hok!ct has requ.ired me to pa; Hnmc..;ll..lttdy in full as dco;cntl.;d li'c N('t\i.' Holder wm Mv(';
llle rigtn H1 be paid back by me for all or its and c.lpcns';" in en!mcing thi,; No:c ''\ lih; e-.:wn1 no;
by law. TIJO$C i.lXpen$CS hwlude, r,:r amcrncys' f<'"\ ul 15 LXI'Ji, of the 'iurts Jue
vndet this Note or !he amount ai!mvr1blc umler app!i<:ilbit i;w
r.IUU'Il>l'All: AO.ItiS'I'i\,ffi f!.AT tiOH'J.IJOOR SIX-MONTH (A..S PVSUSH!:O IN THE WAli Srl'lH;T .JOU!lt.V\l.l
ft."rf'tlMlo tM!Q JN1.fmUM!:'Nl
I< Form HH /PI!Cf/J :) of $ PiF)OJ!
....
I INITIALS: l/tl"rfl) l
... ;--:::J
Case: 3:1 0-cv-00748-wmc Document#: 4r-6
Filed: ffil/B(J)/1 m Page 4 of 6
S. GiVING OF NOTICES
Unless applicable law rcquirt,!l a dHh:rcrn mctho\l, M:v rn>t;:e. tt1:.;t h g;.<.:n ' me nn,ln lh;:; .\'me wili
be glven by ddiverlng ll or oy mailing ot ty fln;t nwm w tnt: ;:;; :\>t.wt or ;H ,, d;Hcr(::H
i!ddress if l give the Note Hoiclei il notk't:: of lll;' dlifc;t:!ll
Unle:>s Nute Holdct ;1 di!ft:Jcnl nwnH.J.t.!, ;:;:w 1tta: !l1'J'' ?lvtr '<:n, \h.-'llin ,;nrkr
;hi.> N01c will he !P'-'<'.0 tv mniiiflg H by lir\t t..bss l<> NoH' i 1o\dcr Hl .;,t:Jr ., ,,,,,.d n; Stnton .\ '\)
above or ;\t u addrcs:r, lf i :arn :1 !iuth:c nf
9. OF PFRSONS UNUEH Tll.iS NOT[
!{ mor<.! than nne plit.'\on ttm NlHi:, JWrH;n '' :11\ll
made \i1 Nme, HJdw:hng the HJ p:1: lilt:. iul( ,1fl1\lU!1! t\rw
or endorse! of thls Nt)H' I> also obrl'lltd w Ju !!\c.st:. :hmg:; prp;.,n wtK '''fl oli!igai:ons,
wcl\uhng !h<t nbll&anmt:> ot ::t gmn<lllliH, or t:ndorser Ul lim Ve abo to '>.tX\' ;lli of !he pr<)iHIV:!
mudc in this Nme. The Nvu: Holder may :10. \11FJq um Nuie ''"'lil''' c.<<il \'!!.T';m ;nd!vtdua'h x
ngalnst all of us wgct!H::r 'T1ns nH;ans that Mli .::nc f:i ;u n1:h i::. L:piH(:tl .c i'i!V :d; ,
this l'kllt'.
Itt W:\fVHtS
l and uny ha\ ;'\\)H.' w.Hv>::
Presentment and Notlt.c of Dlslmnvr. Trt.::cmmcn: <h::
payment nf amounts thle. 'No!!cc of Disnorwr' mt:.?l1$ lhc tight 1'1 rcqnHt l!c
!hat nrnoull\,, \lm' l:i<l'"i: not been pili<j
tL UNifORM SECUREO NOTE
T1ns Note i& a l.l!llf;)rm insl.rument wilh Hr;<Hca v:nianon'i m wrm: !r .;<\.!1\vn \d ;!;(
tO the Note l'folde:t under Note-; !\1ttn_gnge., {1{ rntH, {H Set,,!f1!V
dated the. tbte ;lS lhr;:, Now, pro\ccts thc Note Hold,:T rrvm 1K%tn\c ;h;;, n'H\1. ;f l ,!n nut k.'>:p
the promises tl\;}1 i mal\C. in this Note. That Set'unlv dr.scrlhts f::,_r. ;wd wll;ot romlll\.>m l mav
be required to lnakc }n fu:i of aH i ovr(:. pf c:.\nt11t1',.\nS
read a.s
Transfer of the i"rul)(:rty or 1a Interest In BmTnw;;,.; />,;, u:;cJ 111 tt;;' 10. :n
the Pcop<:Hf means any 1cgai ('r bcncficlal inten:.->t in th\: l'wpeny, bur nrn tmnted 111. Jho:,;:
hHefeMs in a lJqnd for <.lt:td, etmH;Kl. l.or ;Jt-cct, ''"!''" o; <'>.C:JW
of ts. t.he t.ransl'er of t\Hr.;: !u;ore !11 s
H nU or p;;n cf th\..-, Prnpcn-y or L\, ,J
h not :il na\t:rai ..111d .J nin(;fi..:tnt _}n 1:; '.:'-. Lf'iF{cr\ p;
vait\Cil Lc,n(.l-rr t-equac fun "-f'cJnc: h/ uns
lnstnunem. :t;;;; option iihail nJI 1ixcn t't:'tl b; ! t,:n.kf n:cr N' l\ Nd'nll'ltd h
Applicable Law. Le!hl(;l ;;hall nm ihii opuon d r;,; Bor!I.IWI'! c::nt'('S tn !'< ,,l('n11lted I<<
r"xtuircd by L.en!Jcr tn {fVf!!uaw ill:: iiHer.r.!c\1 if'' new l!Pn ...,.;::t: made w the
transferee; and (b) n:asnMbly !l<.HCfiilire.;; ll\:1: wtH not m>patwi P!' \he [O<I!
assumpllon nnd that lt\c r!s'k of a bre;Kh d am <m'''l'l.:H'<l or m tlm .lnslium(;n; I$
:n:ccptabk to Lendt:t.
the ptrn11Htd ;\ppHr2t:lc n1:ty kt.: j'; \Ur.d
1
non
1
r:
Lender's cons.fnt to the hJan a.s.surnptvJn. flE{'f rcnuHc ;f<Jn:-fr:hc (O :n1 it\tutnp}H:nJ.
atJfCctncnt th.:H tlCt?tpH1hh.: to thllt Jtl ,:nd
agreenltf1L'; !ntts;:lC Hi 'he NQ\C Hr!d in this
the Note and Lt. Hi'fr(1\''...:r ;t\ '.\r
MU1.Ti!>1'Alli MTI'. SNMt:Zh'Tli IHl\Ct. V\.'1 IN THE WAU.
ftffl!yf'wmlc:> r&.,. Uti!f<lf'Jtt ti'StftUMENf
t:t( 6. OJann!> fo<r> :tS:>f.l liUl (P<1!{l> i 5 P.oon.,;
Case: 3:10-cv-00748-wmc Document#:
PAYTQ H.l ORDEH Or. . . . .
RESIOErrrtAL FUNDING CORPORATION
WlTHOUT
Af.()l, MQHTGAGf.. GORPOHAT!CN
McCOY /\
1 SECRETARY f :
\/
Filed: (}) Page 5 of 6
MVI.T!STATE Ml'!ii 6!>\.f.lOt-t!'H IN HIE W\H. STHU:r )t)IJI';N/liJ
!JN\FORM INS"ffiVMEtff
& OWtna f:o!rn 1 JOl !Pn:J'J f, .-;.r Pn9U-1/'
Case: Document#: Filed: (l)l/G(l)/HD Page 6 of 6
I I
PURPOSES Of FURTHEH ENOOHSEMtrn i)F THE IOU 0\VtNn DC;CF:\BU) n!IS
'ALLONGE IS t\FFIXD AND 13t.COI\1E.S t\ PERMM"ENT OF SAiD NOH;
POOL 0
lllll!IIUI!IIIlll!llt !!Ill UlJilllllll!1111l
NOTE PATE: 6J5i2002
LOAN r'I.MOliNI
NAME Wf:N{)Y A NOHA
PROPERTY ADDRESS OLD Si\UK HD M.u.D:SON i!Vl ST! 17
'N!THCJUT HECOURSf3
The Bank of N,:;w Yor, Trust Company. N.A as succe,-,soc I.: JPtAorgan R:;mk N A. as
Trulitee, Resklent!ai Company, LLC fki:l Fundmg /\tlorney-ln-Fact
Case: 3:1 O ~ c v - 0 0 7 48-wmc Document #: 4-7 Filed: 11/30/1 0 Page 1 of 2
MIN SUMMARY
Summary
1000147-0461106582-1
6931 OLD SAUK RD
MADISON, WI 53 717
Reg Date.
County
Primary Borrower
Pool Number
Note Amount
Servicer
Custodian
Investor
Subservicer
Interim Funder
Originating Organization
Prope11y Preservation Co.
Batch
Transfer Type
Number
No Pending Batches!
Page I of 1
-------------
Reinstated m modified (option I), !'\ot assigned back
to MERS
06112/2002
Dane
NORA, WENDY
RASC2002KS5CONF
$135,900.00
MOM
First Lien
QR
Investor Loan Number
Note Date
1000440- Residential Funding Company, LLC
1000573 Wells Fargo Mortgage Document Custody
1000545- RFC Trustee 03
1000474- HomeComings Financial, LLC
N/A
N/A
N/A
Status
Pending Batches
Transfer Date
N
7762925
0610512002
Sale Date
https://www.mersonline.org/mers/mininfo/minsummary.jsp?aux=5E694490C6392535FEC07CDC... 5/13/2009
Case: 3:1 0-cv-007 48-wmc Document #: 4-7 Filed: 11/30/1 0 Page 2 of 2
MILESTONES for 1000147-0461106582-1
Description Date
Reinstated/Mod (opt 1), 08/2li2006
not assigned back to
MERS
Foreclosure Status 08/21/2006
Update
Foreclosure Status I 0/10/2005
Update
Foreclosure Status 08/23/2004
Update
Transfer Beneficial 09/10/2002
Rights - Option I
Transfer of Flow 0110512002
Servicing Rights
Transfer Beneficial 07/03/2002
Rights - Option 2
Release Interim Funder 07/0l/2002
Interests
Registration 06/12/2002
Initiating
Organization I User
1000474 HomeComings Financial, LLC
David Hansen
1000474 HomeComings Financial, LLC
David Hansen
1000474 HomeComings Financial, LLC
Elizabeth Hinton
1000474 HomeComings Financial, LLC
Batch
I 000545 RFC Trustee 03
Batch
I 00014 7 Aegis Funding Corporation
Batch
1000147 Aegis Funding Corporation
Batch
1000108 GMAC Bank (I)
Batch
I 00014 7 Aegis Funding Corporation
Batch
Page I of I
Milestone Information
MIN Status: Reinstated or modified
(option 1 ), not assigned back to MERS
Quality Review: N
MIN Status: Active {Registered)
Foreclosure Status: Foreclosure
Pending (option I), assigned to servicer
Quality Review: N
MIN Status: Active (Registered)
Foreclosure Status: Reinstated or
modified (option 2)
Quality Review: N
MIN Status: Active (Registered)
Foreclosure Status: Foreclosure
Pending (option 2), retained on MERS
MIN Status: Active (Registered)
New Investor: 1000545 RFC Trustee
03
Old Investor: 1 000440 Residential
Funding Company, LLC
Batch Number: 414035
Transfer Date: 08!2912002
MIN Status: Active (Registered)
New Servicer: I 000440 Residential
Funding Company, LLC
Old Servicer: 1000147 Aegis Funding
Corporation
New Subservicer: I 000474
HomeComings Financial. LLC
Old Subservicer: None
Batch Number: 352146
Sale Date: 06128/2002
Transfer Date: 00/2S/2002
MIN Status: Active (Registered)
New Investor: 1000440 Residential
Funding Company, LLC
Old Investor: 1000147 Aegis Funding
Corporation
Batch Number: 351984
Transfer Date: 06i2Si2002
MIN Status: Active (Registered)
Old Interim Funder: I 000 I 08 GMAC
Bank (I)
MIN Status: Active (Registered)
Servicer: 1000147 Aegis Funding
Corporation
------------ - --- - - - - - - - - - - - - ~ ~ - - - - - - ~ - - - - - .. - - - - - - ~ - - - - - - - - - - - - - - - - - - - - .... ----- ------ - ------------------- ---- --------- ...
F- ?-
https://www.mersonline.org/mers/mininfo/minviewmiles.jsp?aux=5E694490C6392535FEC07CD... 5/13/2009