Professional Documents
Culture Documents
HULTMAN
CONDUCTED ON WEDNESDAY, NOVEMBER 11, 2009
Page 1
CIRCUIT COURT OF MONTGOMERY COUNTY, ALABAMA
DEBRA HENDERSON,
:
Plaintiff,
:
vs.
:
MERSCORP, INC.; MORTGAGE
: Case No.
ELECTRONIC REGISTRATION SYSTEM, : CV 2008-900805
INC., Solely as Nominee for GMAC :
Mortgage, LLC, Successor by Merger :
with GMAC Mortgage Corporation, :
et al.,
:
Defendants.
:
VIDEOTAPED 30(b)(6) DEPOSITION OF WILLIAM C. HULTMAN
Page 3
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7
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Washington, D.C.
Wednesday, November 11, 2009
9:12 a.m.
APPEARANCES
ON BEHALF OF THE PLAINTIFF:
334-246-4409
ON BEHALF OF THE DEFENDANT:
BARRY A. RAGSDALE, ESQUIRE
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205-930-5100
ON BEHALF OF THE DEPONENT:
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305-415-3456
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Page 2
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2
Page 4
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A P P E A R A N C E S (continued)
ALSO PRESENT:
MERS Corp
703-761-1280
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Pursuant to Notice, before Janet A. Steffan,
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District of Columbia.
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INDEX
PROCEEDINGS
09:12:24
09:12:24
09:12:44
09:12:50
09:12:54
Deposition Exhibit
09:12:59
No. 1
09:13:03
No. 2
09:13:12
10
No. 3
09:13:17
10
11
No. 4
09:13:23
11
09:13:25
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09:13:52
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Inc.
09:13:52
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09:13:52
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By Mr. Wooten................................ 9
PAGE
4
5
EXHIBITS
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No. 7
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No. 10
Page 6
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No. 11
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No. 12
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09:14:02
09:14:04
09:14:06
09:14:08
-----
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E X H I B I T S (continued)
Identification System
No. 13
Investors
No. 14
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WILLIAM C. HULTMAN,
a witness herein, being duly sworn, testified as follows:
-----
12
EXAMINATION
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09:14:22
15
09:14:24
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09:14:25
17
A.
09:14:28
18
Q.
09:14:30
19
A.
09:14:32
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Q.
09:14:33
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A.
09:14:35
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Q.
Q.
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09:14:39
A.
09:17:34
Q.
Did you say who your law school degree was from?
09:14:47
Q.
09:17:37
A.
09:14:52
09:17:40
Q.
09:14:55
A.
1998.
09:17:45
law?
09:14:56
Q.
09:17:45
A.
I did.
09:15:04
09:17:46
Q.
A.
approximately 1996 or 7?
09:15:05
A.
09:17:51
09:15:12
Q.
09:17:54
09:15:16
09:15:17
10
A.
09:15:22
11
09:15:22
ten years.
09:17:57
Q.
09:18:02
10
firms?
Florida.
09:18:02
11
A.
12
Q.
09:18:04
12
Q.
09:15:24
13
A.
09:18:08
13
09:15:30
14
Q.
09:18:09
14
A.
09:15:33
15
A.
09:18:12
15
Q.
09:15:38
16
Q.
09:18:17
16
09:15:40
17
A.
09:18:18
17
09:15:45
18
the interest rate risk and liquidity risk for both the holding
09:18:22
18
09:15:50
19
09:18:23
19
Q.
09:15:57
20
Q.
09:18:25
20
A.
09:16:05
21
A.
09:18:28
21
Q.
09:16:09
22
Q.
09:18:31
22
A.
And was that with one firm or was that with several
of practice?
Page 10
Page 12
09:18:35
09:18:42
Q.
09:18:45
A.
Yes, I did.
09:18:45
A.
Which one?
Q.
09:18:46
Q.
A.
Physics.
09:18:48
A.
Q.
Physics?
09:18:53
Q.
A.
Mm-hmm.
09:18:55
A.
No.
09:16:27
Q.
09:18:55
Q.
-- one of many?
09:16:30
10
A.
09:18:57
10
A.
09:16:34
11
Q.
09:18:59
11
Q.
Okay. And after you left the oil company where did
09:16:37
12
A.
1973.
09:19:02
12
09:16:40
13
Q.
09:19:03
13
09:16:44
14
09:19:07
14
09:16:45
15
09:19:10
15
Q.
09:16:49
16
09:19:13
16
A.
M-O-O-T.
09:16:55
17
09:19:15
17
Q.
09:17:20
18
09:19:18
18
A.
09:17:23
19
09:19:29
19
Q.
09:17:25
20
09:19:32
20
09:17:27
21
09:19:35
21
09:17:31
22
09:19:41
22
09:16:12
09:16:16
A.
09:16:18
09:16:21
09:16:22
09:16:22
09:16:25
09:16:26
Q.
Bradford, Pennsylvania.
Q.
position?
you go next?
A.
New York.
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09:19:46
09:22:40
A.
09:19:50
09:22:42
Q.
09:19:53
09:22:44
09:19:56
Q.
And how long were you employed with Moot & Sprague?
09:22:45
A.
Yes.
09:20:00
A.
09:22:50
Q.
And that was I'm assuming around the late '80s when
09:20:06
Q.
And where did you go after you left Moot & Sprague?
09:22:55
09:20:10
A.
09:22:58
insolvent?
all the federal savings and loans were failing; is that right?
A.
Q.
09:20:14
09:23:01
09:20:31
Q.
09:23:09
09:20:37
10
A.
09:23:12
10
A.
09:20:41
11
09:23:22
11
Q.
09:23:27
12
09:23:32
13
bank's failure?
09:23:33
14
A.
No.
09:23:37
15
Q.
09:23:41
16
A.
No.
09:23:46
17
Q.
09:23:50
18
Q.
09:20:43
12
A.
09:20:47
13
Q.
09:20:49
09:20:54
14
15
09:20:56
16
09:21:00
17
A.
09:21:03
18
A.
09:21:06
19
Q.
Borrowing?
09:21:07
20
09:21:10
21
09:21:14
22
A.
insolvent?
09:23:52
19
09:23:56
20
09:24:00
21
capital, and when FIRREA was enacted in 1988 or 1989 that law
09:24:06
22
A.
Page 14
09:21:14
09:21:17
09:21:20
Q.
09:24:12
09:24:13
Essentially, yes.
09:24:16
limits.
Page 16
09:21:23
Q.
09:24:17
09:21:27
A.
09:24:26
09:21:35
09:24:29
09:21:37
09:24:33
09:24:34
09:21:41
that position?
Q.
A.
09:21:41
A.
09:24:36
09:21:45
10
Q.
09:24:38
10
Q.
09:24:40
11
A.
09:24:43
12
09:24:51
13
09:24:59
14
09:24:59
15
A.
09:25:04
16
Q.
09:25:09
17
other entities it was booking this good will value from these
09:25:13
18
other entities, and then when the rules were changed that good
09:25:19
19
09:25:24
20
09:25:27
21
09:25:30
22
09:21:49
11
09:21:49
12
institution -A.
Yes, it was.
09:21:50
13
09:21:57
14
A.
09:22:01
15
Q.
09:22:08
16
Q.
A.
09:22:11
17
Q.
09:22:12
18
A.
09:22:18
09:22:20
19
20
09:22:33
21
09:22:39
22
took it over?
the bank?
A.
4 (Pages 13 to 16)
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09:25:33
was taken out, you didn't have enough money left or assets to
09:28:51
A.
09:25:38
09:28:53
Q.
09:25:41
09:25:45
09:25:51
09:25:51
09:25:55
09:25:59
09:26:10
Q.
09:26:13
10
A.
About 17 months.
09:26:20
11
Q.
09:26:22
12
A.
09:26:25
13
09:26:39
14
09:26:45
15
09:26:47
16
09:26:53
17
A.
Correct.
09:28:56
A.
Yes.
Q.
09:29:04
Q.
09:29:14
A.
09:29:20
Q.
09:29:24
A.
09:29:28
years.
09:29:39
Q.
09:29:45
10
A.
09:29:49
11
Q.
09:29:52
12
A.
09:29:56
13
09:30:00
14
Q.
09:30:02
15
A.
09:30:09
16
Q.
09:30:13
17
09:30:16
18
09:30:19
19
09:30:23
20
09:30:25
21
09:30:30
22
position?
A.
Q.
A.
Q.
18
can.
19
A.
20
21
09:27:10
22
09:26:57
09:27:05
09:26:57
09:27:01
Yes.
managed the interest rate risk, liquidity risk for both the
holding company and the banks that made up the system, and we
also were responsible for monitoring the capital levels of the
law firms that work for MERS and that sort of thing?
A.
Yes.
Page 18
09:27:15
09:27:19
09:27:24
09:27:27
A.
09:27:36
Q.
09:27:40
09:30:34
09:30:39
09:30:40
A.
09:30:47
Q.
And how long did you say you were with Marine
09:30:51
A.
09:30:54
Q.
So sometime in 2000?
A.
holding company.
Q.
Page 20
Midland?
09:27:40
A.
09:30:56
09:27:44
Q.
09:31:01
09:27:47
09:31:02
9
10
Q.
09:27:48
10
A.
Barnett Banks.
09:31:06
09:27:51
11
Q.
09:31:06
11
A.
09:27:59
12
09:31:09
12
Q.
13
Jacksonville.
please, sir?
09:28:00
13
A.
That's correct.
09:31:14
09:28:06
14
Q.
09:31:18
14
09:28:11
15
09:31:22
15
09:28:13
16
09:31:53
16
17
at MERS that you felt qualified to become hired for? How did
you make that connection from Barnett to MERS?
09:28:16
17
Q.
09:31:57
09:28:18
18
A.
09:32:02
18
09:28:21
19
09:32:04
19
20
Q.
09:28:24
20
A.
09:32:09
09:28:43
21
Q.
09:32:13
21
09:28:49
22
09:32:15
22
A.
Q.
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09:32:19
A.
Yes.
09:35:00
09:32:27
Q.
09:35:04
09:32:30
A.
No.
09:35:07
affidavit on.
09:32:35
Q.
09:35:08
BY MR. WOOTEN:
09:32:38
09:35:15
09:32:38
A.
09:35:21
09:32:43
Q.
09:35:24
09:32:47
09:32:50
09:32:53
10
met him?
Q.
of MERS?
A.
09:35:27
the general counsel's office. I'm not sure what exactly his
09:35:30
Q.
09:35:32
10
A.
Probably in 1998.
Q.
A.
09:33:02
11
09:35:37
11
09:33:08
12
09:35:41
12
09:33:10
13
09:35:42
13
A.
09:33:14
14
secretary?
09:35:45
14
Q.
09:33:15
15
09:35:48
15
09:33:19
16
09:35:50
16
09:33:23
17
me by the board.
09:35:59
17
09:33:36
18
09:36:01
18
09:33:39
19
09:36:40
19
09:33:42
20
09:36:40
20
09:33:45
21
09:36:47
21
09:33:48
22
09:36:49
22
Q.
A.
Q.
I have no idea.
Page 22
09:33:52
09:33:56
09:33:59
09:34:02
09:34:05
09:34:10
09:34:11
09:34:15
09:34:18
09:34:23
10
affidavits routinely?
A.
Page 24
09:36:51
09:36:55
A.
Yes.
09:36:56
Q.
09:37:02
09:37:03
09:37:04
09:37:05
Q.
A.
09:37:08
09:37:13
09:37:15
10
11
that decision?
MR. RAGSDALE: Which decision?
BY MR. WOOTEN:
Q.
A.
at that time.
Q.
09:34:29
11
09:37:18
09:34:33
12
09:37:18
12
A.
09:37:19
13
Q.
09:37:22
14
A.
09:37:27
15
Q.
09:37:34
16
09:37:37
17
09:37:38
18
09:37:41
19
09:37:43
20
09:37:47
21
09:37:48
22
09:34:36
13
09:34:37
14
09:34:38
15
09:34:39
09:34:39
09:34:43
16
17
18
09:34:50
19
09:34:52
20
09:34:54
21
09:34:57
22
wouldn't you?
A.
Yes, it is.
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09:37:59
09:40:33
09:38:07
09:40:36
09:38:12
MERS?
09:40:43
09:38:13
A.
09:40:48
09:38:16
Q.
09:40:53
specific requirement.
09:38:18
09:40:56
09:38:20
09:40:59
09:38:22
BY MR. WOOTEN:
09:41:03
09:38:23
Q.
Currently.
09:41:05
09:38:24
10
A.
09:41:07
10
09:38:29
11
09:41:08
11
09:38:29
12
09:41:08
12
Q.
09:38:33
13
09:41:10
13
A.
09:38:35
14
09:41:14
14
09:38:38
15
09:41:18
15
09:38:40
16
09:41:22
16
09:38:44
17
09:41:25
17
A.
09:38:50
18
09:41:28
18
Q.
09:38:53
19
09:41:32
19
09:38:56
20
09:41:35
20
09:39:00
21
09:41:36
21
09:39:04
22
09:41:39
22
Q.
up.
Q.
A.
A.
Q.
A.
organizations.
Page 26
Page 28
09:39:08
A.
09:41:49
09:39:18
Q.
09:41:57
09:39:23
09:42:00
09:39:27
09:42:01
09:39:29
09:42:03
09:39:33
09:42:14
BY MR. WOOTEN:
09:39:36
09:42:14
09:39:39
officers of MERS?
09:42:19
09:42:22
09:42:27
10
09:42:32
11
09:42:36
12
09:42:38
13
09:42:43
14
09:42:45
15
09:42:47
16
09:42:53
17
a thousand, yes.
Q.
Q.
Q.
09:39:41
09:39:45
10
09:39:47
11
09:39:52
12
09:39:59
13
09:40:05
14
09:40:06
15
09:40:11
16
09:40:19
17
09:40:21
18
09:42:59
18
09:40:24
19
you mean?
09:43:03
19
09:40:24
20
BY MR. WOOTEN:
09:43:06
20
09:40:25
21
09:43:09
21
09:40:28
22
09:43:57
22
A.
how many.
Q.
of MERS.
Q.
Q.
A.
Q.
Q.
A.
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09:43:57
09:46:14
09:44:01
09:46:14
09:44:03
09:46:19
09:44:03
09:46:21
A.
09:46:22
Q.
09:46:25
A.
it.
Q.
09:44:03
09:44:13
09:44:17
09:46:28
09:44:17
here.
09:46:30
BY MR. WOOTEN:
09:46:37
09:46:44
10
09:46:45
11
A.
Yes.
09:46:47
12
Q.
13
something. In all of the work that MERS does for its members,
MERS is allegedly acting as an agent; right, or a nominee?
09:44:17
09:44:23
10
09:44:25
11
09:44:30
12
identification.)
MR. WOOTEN: I hope I did a little bit better job of
Q.
09:44:33
13
Q.
09:46:55
09:44:40
14
A.
Yes.
09:47:00
14
09:44:45
15
Q.
09:44:50
16
09:45:01
17
09:47:06
15
09:47:08
16
09:47:09
17
18
09:45:05
18
09:47:11
09:45:11
19
09:47:12
19
09:45:16
20
09:47:12
20
09:45:19
21
A.
09:47:14
21
09:45:20
22
Q.
09:47:19
22
Q.
Page 30
09:45:23
09:45:24
09:45:25
Q.
09:45:28
A.
09:45:29
09:45:31
5
6
there's a fill-in-the-blank?
A.
Q.
A.
-- supposed to go?
Yes.
Page 32
09:47:20
09:47:21
09:47:23
09:47:33
09:47:39
BY MR. WOOTEN:
09:47:40
09:47:43
Q.
09:45:33
09:47:45
A.
09:45:37
09:47:56
Q.
09:45:43
right?
09:47:59
10
09:45:43
10
A.
Well, ten.
09:48:00
11
A.
09:45:44
11
Q.
09:48:03
12
Q.
09:45:45
12
A.
09:48:09
13
09:45:47
13
Q.
It carries over?
09:48:15
14
A.
09:48:17
15
Q.
09:48:20
16
09:48:27
17
basic -- the language was the language agreed upon by MERS and
09:48:31
18
09:48:32
19
A.
09:48:32
20
Q.
A.
09:45:48
14
Q.
A.
Right.
09:45:48
15
09:45:53
16
09:45:57
17
09:45:59
18
09:46:02
19
they do ask for more than ten. I'm not sure what the process
09:48:36
21
09:46:06
20
09:48:40
22
09:46:09
21
Q.
Is it --
09:46:11
22
A.
Q.
A.
No.
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BY MR. WOOTEN:
09:51:09
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yes.
09:51:16
A.
09:51:18
Q.
10
A.
A.
Q.
Q.
09:49:18
10
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09:49:26
11
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question.
09:51:41
15
A.
BY MR. WOOTEN:
09:51:44
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Q.
09:51:50
17
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09:51:58
19
20
filed, but that there was a -- there did come a time when the
09:49:31
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16
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Q.
A.
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Page 34
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BY MR. WOOTEN:
09:52:16
Q.
09:49:52
09:52:19
made?
09:49:57
09:52:20
A.
09:52:50
Q.
09:52:55
Fannie Mae now, the GSE? I mean who in MERS came up with the
09:53:03
idea?
09:53:03
09:53:06
09:53:07
10
Q.
09:53:10
11
A.
Yes, he was.
Q.
09:49:58
Q.
Ginnie Mae.
And do you have an idea of when that proposal was
09:49:59
09:50:00
09:50:03
from, and they, we were able to give them comments, but the
09:50:06
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10
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Q.
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A.
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Q.
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A.
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Q.
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A.
09:53:33
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A.
I was.
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Q.
09:53:33
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Q.
09:53:37
18
BY MR. WOOTEN:
09:50:32
17
09:50:36
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09:50:41
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A.
09:53:40
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A.
09:53:42
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Q.
09:53:46
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22
09:50:45
20
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right?
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Page 39
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Q.
09:56:08
A.
09:56:13
Q.
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A.
09:56:34
Q.
09:56:37
million?
09:56:38
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A.
09:56:41
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Q.
09:56:46
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Q.
Q.
A.
09:56:49
13
A.
Yes.
question.
09:56:50
14
Q.
BY MR. WOOTEN:
09:56:57
15
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16
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17
MERS?
09:57:03
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A.
09:57:05
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Q.
09:57:07
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A.
Absolutely.
Q.
Q.
Yes.
18
Q.
09:54:39
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A.
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Q.
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Page 38
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A.
Yes.
09:54:59
A.
I'm sorry?
09:57:31
Q.
09:55:00
Q.
09:57:35
09:55:02
09:57:38
A.
Yes.
09:57:39
Q.
09:57:42
09:57:43
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Q.
09:57:52
10
A.
Yes.
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Q.
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A.
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Q.
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A.
Yes, yes.
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Q.
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18
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20
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09:55:13
is that right?
09:55:13
A.
Yes.
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Q.
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10
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11
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12
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A.
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Q.
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A.
Right.
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Q.
09:55:44
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voice?
09:55:45
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A.
09:55:45
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Q.
09:58:45
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A.
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Q.
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A.
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Q.
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BY MR. WOOTEN:
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Q.
Right.
10:00:06
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A.
10:00:09
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A.
Both.
10:01:33
Q.
Okay.
10:01:36
A.
10:01:37
Q.
10:01:41
10:01:46
10:02:01
indicated talking about the total number, what was the other
10:02:08
10:02:09
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10
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Q.
10:02:22
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A.
Yes.
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Q.
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A.
Yes.
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Q.
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A.
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Q.
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A.
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Q.
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A.
Q.
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19
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20
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21
22
Page 43
A.
the system.
A.
the system.
Q.
A.
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10:03:33
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is that correct?
10:03:38
10:03:39
10:03:40
question.
information?
10:03:42
BY MR. WOOTEN:
10:03:43
10:03:48
10:00:41
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A.
10:00:52
Q.
10:00:55
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10:00:58
A.
Yes.
10:00:58
Q.
Q.
Q.
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10
A.
Yes.
10:03:54
10
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Q.
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A.
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Q.
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right?
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Q.
10:01:28
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A.
Okay. Sorry.
10:01:31
21
BY MR. WOOTEN:
10:04:13
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Q.
10:01:31
22
10:04:16
22
currently?
Q.
A.
No.
MR. BROCHIN: Object to the form.
BY MR. WOOTEN:
Q.
A.
BY MR. WOOTEN:
11 (Pages 41 to 44)
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Q.
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A.
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Q.
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A.
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Q.
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A.
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Q.
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Page 47
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Right?
10:24:02
A.
10:24:06
Q.
10:24:07
A.
10:24:22
Q.
I have.
10:24:26
10:24:33
A.
I believe so.
10:25:20
10
Q.
10:25:24
11
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12
10:27:26
13
10:27:29
14
10:27:31
15
that where MERS has been made mortgagee that may have
10:27:33
16
10:27:37
17
attachments.
10:27:41
18
10:27:44
19
computer if we need to --
10:28:46
20
BY MR. WOOTEN:
10:28:47
21
10:29:17
22
Mr. Hultman?
small language.
MR. WOOTEN: Barry, is this a complete copy of this?
MR. RAGSDALE: You know, I would hope so, but I
don't know. It's the only copy I have.
MR. WOOTEN: I hope so, too. I know we went over
Q.
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10:05:13
10:29:20
A.
I do.
10:05:18
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Q.
10:05:23
10:29:25
10:05:27
10:29:29
A.
Yes.
10:05:30
10:29:32
Q.
10:05:32
10:29:43
10:05:34
10:29:43
security instrument and the note, and then it says for this
10:05:35
10:29:46
10:05:37
BY MR. WOOTEN:
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10
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that says?
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13
A.
10:23:00
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Q.
10:23:00
15
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10:30:34
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understands and agrees that MERS holds only legal title to the
10:23:45
22
10:30:38
22
Q.
Q.
identification.)
THE VIDEOGRAPHER: We're back on record at 10:23:12.
BY MR. WOOTEN:
Q.
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for lender and lender's successors and assigns has the right
10:33:06
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different word than nominee. They might use the word agent or
10:30:57
10:33:16
they may use for the benefit of the lender. So there are
10:31:00
10:33:19
10:31:05
right?
10:33:22
10:31:05
A.
10:33:27
10:31:06
Q.
10:33:43
BY MR. WOOTEN:
10:31:09
10
10:33:43
10
10:31:12
11
10:33:51
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10:31:16
12
instruments; right?
10:33:54
12
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13
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14
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BY MR. WOOTEN:
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BY MR. WOOTEN:
10:31:42
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10:34:15
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Q.
Q.
Q.
Page 50
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BY MR. WOOTEN:
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A.
10:32:10
10
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11
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Q.
Yes.
10:34:31
A.
10:34:34
10:34:36
10:34:40
10:34:41
A.
thing recently.
Q.
A.
10:34:44
Q.
Yes.
10:34:46
A.
Q.
10:34:48
10
Q.
A.
10:34:54
11
10:35:00
12
loan?
10:35:00
13
A.
14
changed over time. There are other forms that relate to where
10:35:03
14
Q.
10:32:32
15
10:35:07
15
10:32:36
16
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16
A.
10:32:40
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10:35:10
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Q.
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18
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19
10:32:52
20
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21
10:36:01
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A.
I do see it.
22
10:36:04
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Q.
Q.
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there?
10:38:09
A.
10:36:15
A.
10:38:13
Q.
10:36:18
10:38:17
10:36:20
Q.
10:38:18
10:36:20
there?
10:38:21
10:36:25
10:36:28
10:36:28
10
10:36:32
11
10:36:35
12
10:36:38
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A.
10:36:38
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10:36:41
characterization.
There is no mortgage where GMAC is the mortgagee, is
Q.
account, do you?
A.
10:38:25
10:38:28
know.
10:38:38
10
10:38:42
11
10:38:46
12
Yes.
10:38:47
13
Q.
10:38:49
14
15
A.
No.
10:38:50
15
characterization.
10:36:42
16
Q.
10:38:56
16
BY MR. WOOTEN:
10:36:45
17
10:38:56
17
10:36:47
18
10:39:02
18
A.
Q.
A.
characterization.
Q.
Q.
10:36:58
19
Q.
10:39:03
19
A.
Yes.
10:37:01
20
A.
10:39:04
20
Q.
10:37:02
21
Q.
10:39:08
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10:37:04
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A.
10:39:08
22
I --
Page 54
10:37:06
10:37:11
10:37:12
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10:37:20
10:37:27
Q.
agent; right?
A.
Q.
Page 56
10:39:11
Q.
10:39:16
A.
10:39:20
Q.
10:39:25
10:39:27
A.
Yes.
10:39:32
Q.
10:39:37
10:39:39
A.
10:39:42
Q.
10:39:48
10
10:37:30
A.
10:37:33
Q.
10:37:36
A.
No.
10:37:36
10
Q.
10:39:50
11
10:37:38
11
A.
10:39:53
12
10:37:40
12
Q.
10:39:59
13
10:37:45
13
10:40:05
14
10:37:48
14
10:40:10
15
10:37:50
15
10:40:13
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A.
10:37:52
16
10:40:15
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Q.
10:40:21
18
10:37:53
17
10:37:53
18
10:37:55
19
payments, right?
BY MR. WOOTEN:
Q.
A.
10:40:22
19
A.
I agree.
10:40:22
20
Q.
10:40:28
21
10:40:30
22
In what circumstances?
10:37:57
20
Q.
In any circumstance.
10:37:58
21
A.
10:38:02
22
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characterization.
10:40:35
10:42:20
BY MR. WOOTEN:
BY MR. WOOTEN:
10:42:20
10:42:25
10:42:29
10:42:29
10:40:35
10:40:36
10:40:37
10:40:41
10:40:41
10:40:43
10:40:45
10
11
Q.
Q.
10:40:48
12
10:40:53
13
nominee status?
10:40:55
14
10:40:57
15
10:41:00
16
10:41:04
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10:41:07
18
than what he might have derived from his legal counsel, then
10:41:10
19
10:41:12
20
10:41:13
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10:41:15
22
BY MR. WOOTEN:
Q.
10:42:32
10:42:35
10
10:42:35
11
10:42:39
12
10:42:43
13
nominee capacity?
10:42:44
14
10:42:48
15
10:42:51
16
10:42:53
17
10:42:59
18
10:43:04
19
the loan.
10:43:10
20
10:43:12
21
Can you read that back, please? Not that answer but the one
10:43:16
22
before it.
A.
the note.
Q.
A.
Page 58
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10:41:16
10:43:16
10:41:18
10:44:27
10:41:22
broker?
10:44:27
10:41:22
A.
10:41:24
Q.
Okay. And would you agree that the reason for that
10:41:27
answers back. That was the first answer he gave, then I asked
10:41:31
him to repeat it, right? Well, what you just read, read that
10:41:33
10:41:35
10:41:38
10
that MERS was not required, it was our position that MERS was
10
10:41:43
11
11
10:41:47
12
State of Nebraska.
10:41:48
13
BY MR. WOOTEN:
10:41:48
14
10:41:53
15
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16
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17
10:42:01
18
10:42:03
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BY MR. WOOTEN:
10:42:03
20
10:42:07
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10:42:12
22
Q.
Q.
Q.
12
10:42:40
13
it, Mr. Hultman, that MERS believes it has when it has the
10:42:40
14
10:42:44
15
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16
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10:44:36
with all due respect, that Mr. Hultman would like to read and
10:47:15
10:44:40
10:47:17
10:44:42
10:47:25
10:44:47
10:47:26
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10:44:50
long time has been that you are the mortgagee of record as a
10:47:37
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18
10:48:18
18
promissory note did not occur until after this lawsuit was
10:48:22
19
filed?
10:48:24
20
A.
10:48:26
21
Q.
10:48:28
22
A.
line.
MR. RAGSDALE: You can ignore that part.
BY MR. WOOTEN:
Q.
10:45:13
19
10:45:14
20
10:45:18
21
10:45:23
22
Q.
Q.
promissory note.
A.
With respect to your claim that you are the holder of her
A.
Q.
Yes.
Q.
Page 62
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BY MR. WOOTEN:
Q.
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A.
10:48:43
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Q.
In what capacity?
10:48:49
A.
10:45:51
10:48:56
Q.
10:49:00
10:49:08
10:49:15
please, sir?
10:49:15
10
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11
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13
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characterization?
10:49:27
16
A.
I don't know.
10:49:28
17
Q.
10:49:31
18
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A.
10:49:35
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Q.
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21
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10
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11
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A.
Q.
10:46:29
14
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15
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10:46:46
16
17
BY MR. WOOTEN:
Q.
BY MR. WOOTEN:
Q.
18
you are not either the owner or the beneficial owner of her
19
20
A.
A.
10:46:50
21
10:46:58
22
your purposes?
A.
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A.
Yes.
10:49:53
10:52:37
Q.
10:52:44
10:52:50
by the borrower?
10:52:52
A.
10:52:54
Q.
10:52:59
10:53:02
10:53:09
10
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11
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13
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6
7
8
Q.
10:50:17
10
10:50:19
11
10:50:20
12
BY MR. WOOTEN:
10:50:20
13
10:50:23
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A.
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Q.
10:50:47
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10:50:55
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Q.
10:53:19
14
A.
10:53:19
15
10:53:24
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A.
I would agree.
10:53:31
18
Q.
That's correct.
10:53:35
19
10:53:40
20
10:53:41
21
10:53:47
22
about securitization.
Q.
A.
BY MR. WOOTEN:
Q.
Page 66
Page 68
10:50:58
10:53:47
10:51:02
10:53:53
10:51:05
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case?
10:54:05
10:54:07
10:54:11
10:51:09
10:51:10
10:51:15
4
5
6
Q.
action; correct?
A.
Q.
Generally, yes.
You do not serve as a document custodian for any
Q.
10:51:21
10:54:14
10:51:28
10:54:19
10:51:34
setting, do you?
10:54:22
10
10:51:37
10
10:54:27
11
BY MR. WOOTEN:
10:51:39
11
10:54:27
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10:51:45
13
BY MR. WOOTEN:
10:54:47
14
10:54:51
15
A.
10:54:55
16
Q.
10:55:04
17
10:55:08
18
10:55:11
19
A.
10:55:16
20
Q.
10:55:19
21
I am being that you went to school in New York, but when you
10:55:23
22
10:51:46
10:51:49
14
15
Q.
10:51:52
16
A.
That's correct.
10:51:59
17
Q.
10:52:05
18
10:52:13
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A.
10:52:16
20
Q.
10:52:17
21
A.
10:52:19
22
Q.
Q.
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A.
10:57:58
Q.
10:58:02
10
10:55:30
mortgage assignment?
BY MR. WOOTEN:
10:55:31
Q.
10:55:33
A.
A.
Yes.
MR. BROCHIN: Object to the form.
BY MR. WOOTEN:
Q.
10:55:38
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10
10:58:04
11
10:55:44
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A.
Correct.
10:58:08
12
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Q.
10:58:09
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A.
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Q.
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A.
10:56:07
17
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Q.
10:58:26
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A.
10:58:29
20
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Q.
10:58:32
22
A.
GMAC.
10:56:11
18
10:56:13
19
10:56:15
20
Q.
right?
A.
GMAC, yes.
Q.
10:56:15
21
A.
10:56:18
22
Q.
No.
Page 70
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10:56:24
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Q.
10:56:30
that would have been the mortgage that was requested that
10:58:35
A.
10:56:32
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10:58:39
Q.
10:58:42
A.
10:58:44
Q.
10:58:49
10:58:50
A.
I have.
BY MR. WOOTEN:
10:58:51
Q.
10:58:54
10:59:00
10
A.
They do.
10:59:03
11
Q.
right?
10:59:08
12
10:59:13
13
10:59:19
14
which is not a member of MERS that the MERS member who makes
10:59:26
15
10:59:32
16
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17
10:59:39
18
Q.
BY MR. WOOTEN:
Q.
A.
10:57:19
19
A.
10:59:41
19
10:57:21
20
Q.
Yes.
10:59:46
20
10:57:22
21
A.
10:59:49
21
A.
No.
10:57:24
22
10:59:53
22
Q.
Q.
Q.
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11:00:00
11:03:15
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A.
11:03:18
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Q.
11:03:19
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11:03:21
security instrument?
11:00:13
11:03:23
BY MR. WOOTEN:
11:03:23
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10
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with you.
11:03:50
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agent for the purpose of enforcing and carrying out the terms
11:04:18
20
of the mortgage.
11:04:23
21
BY MR. WOOTEN:
11:04:23
22
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14
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member?
Yes.
Huh?
Yes.
What part of the membership agreement?
Well, it's either in the terms and conditions or
Q.
11:01:50
18
11:01:51
19
11:01:55
20
11:01:55
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BY MR. WOOTEN:
Q.
Q.
identification.)
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BY MR. WOOTEN:
Q.
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6
A.
clause, yes.
Q.
11:02:17
Q.
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A.
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Q.
11:05:12
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A.
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10
Q.
11:05:19
11
A.
Yes, sir.
11:05:20
12
Q.
11:05:23
13
11:05:27
14
its agent?
11:05:28
15
11:05:30
16
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17
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18
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20
BY MR. WOOTEN:
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22
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9
10
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11
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13
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14
its agent?
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15
16
17
A.
Q.
11:03:05
18
11:03:07
19
11:03:09
20
11:03:09
21
11:03:12
22
BY MR. WOOTEN:
Q.
Q.
says that MERS has the right to act as an agent for someone
19 (Pages 73 to 76)
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A.
11:07:56
A.
11:05:57
Q.
Isn't that --
11:07:57
Q.
11:05:58
A.
11:08:00
A.
11:06:02
yes.
11:08:03
Q.
11:08:05
A.
11:08:06
11:08:09
ahead.
11:08:09
BY MR. WOOTEN:
11:08:09
10
note; right?
11:06:02
Q.
11:06:05
A.
Yeah.
11:06:05
11:06:08
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10
Q.
law school?
Q.
11:08:11
12
A.
11:08:16
13
Q.
11:06:19
13
11:06:23
14
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15
11:06:40
16
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17
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18
11:06:48
21
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11
11
19
Q.
11:08:11
12
20
11:06:17
11:06:47
That's correct.
A.
11:06:13
11:06:46
of MERS; right?
Registration Systems.
There are no employees.
A.
11:08:19
14
A.
Q.
11:08:19
15
Q.
In the thousands?
11:08:21
16
A.
11:08:22
17
Q.
In the thousands?
11:08:28
18
A.
Yes.
Q.
11:08:29
19
11:08:32
20
11:08:35
21
11:08:36
22
Page 78
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A.
11:08:43
Q.
11:06:59
Q.
11:08:46
A.
11:07:01
11:08:51
11:08:55
Q.
11:08:58
A.
11:08:59
Q.
11:09:03
11:07:05
principal; right?
11:07:07
11:07:08
11:07:11
11:07:12
BY MR. WOOTEN:
11:07:12
10
11:07:18
11
11:07:24
12
defaulted?
11:07:24
13
A.
11:07:26
14
Q.
11:07:27
15
A.
11:07:30
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18
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A.
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Q.
11:07:46
21
11:07:47
22
BY MR. WOOTEN:
11:09:06
11:09:06
10
11:09:06
11
11:09:08
12
11:09:13
13
officers of MERSCORP?
11:09:14
14
A.
11:09:21
15
Q.
11:09:30
16
11:09:34
17
11:09:38
18
A.
We do have procedures.
11:09:39
19
Q.
11:09:43
20
11:09:43
21
A.
A.
11:09:45
22
Q.
Q.
Q.
that extent.
Q.
borrower's default.
Nick.
BY MR. WOOTEN:
Q.
information.
20 (Pages 77 to 80)
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A.
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Q.
11:14:04
A.
11:11:14
A.
11:14:08
Q.
11:11:19
11:14:11
MERS considers the interest of the new owner who is not a MERS
11:11:26
version.
11:14:15
member?
11:11:27
Q.
11:14:15
11:14:19
11:14:21
10
Q.
11:14:22
11
A.
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Q.
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A.
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Q.
11:14:41
16
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A.
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Q.
11:14:48
19
11:14:49
20
A.
Generally, yes.
11:14:51
21
Q.
11:14:56
22
11:11:29
11:11:33
10
A.
11:11:36
11
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12
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13
11:11:53
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11:11:58
15
11:12:03
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11:12:18
18
A.
promissory note?
That's correct.
That's, that's your rationale for saying that you
11:12:24
19
11:12:27
20
11:12:29
21
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the same?
Page 82
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5
6
11:15:00
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this scenario?
11:15:15
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that?
11:15:20
BY MR. WOOTEN:
11:15:21
Q.
Yes.
11:15:21
10
A.
Q.
BY MR. WOOTEN:
Q.
A.
Q.
11:12:56
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9
10
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11
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Q.
Yeah.
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A.
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14
Q.
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15
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A.
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20
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Page 84
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question?
11:15:45
16
BY MR. WOOTEN:
11:15:45
17
11:15:49
18
Q.
Right.
11:15:52
19
A.
11:15:54
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A.
11:15:55
21
Q.
11:15:56
22
A.
BY MR. WOOTEN:
Q.
Q.
21 (Pages 81 to 84)
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that question?
11:16:30
BY MR. WOOTEN:
Q.
Sorry?
11:20:20
11:20:21
10
11:20:26
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A.
long document.
Q.
Q.
11:16:31
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A.
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Q.
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A.
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Q.
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A.
Yes.
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Q.
11:20:59
18
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17
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18
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Q.
11:21:03
19
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21
day; right?
22
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A.
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A.
11:21:27
Q.
11:21:31
11:21:37
mortgage?
11:21:38
A.
There is nothing.
11:21:42
Q.
that would amplify on, on what people can do and not do.
11:21:46
10
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Q.
A.
Q.
A.
Q.
A.
20
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procedures.
18
19
Q.
A.
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11:22:54
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Q.
11:22:57
11:24:52
A.
I'm sorry?
11:23:04
the promissory note and that the date the actual ownership
11:24:53
Q.
11:23:08
11:24:56
A.
11:23:10
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Q.
BY MR. WOOTEN:
Q.
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A.
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Q.
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Q.
11:23:56
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A.
11:24:00
20
11:24:01
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11:24:02
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Q.
Go ahead.
A.
In general.
A.
11:25:30
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11:25:41
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11:25:52
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mortgage?
covers it.
Q.
Page 90
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Q.
Correct.
11:25:59
A.
Probably not.
11:26:03
Q.
that assessment?
11:26:06
11:26:14
note?
11:26:14
11:26:21
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10
A.
A.
11:24:25
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11
11:24:25
12
11:26:32
12
11:24:27
13
11:26:37
13
11:24:28
14
11:26:41
14
right?
11:24:30
15
11:26:41
15
A.
11:24:32
16
11:26:44
16
Q.
11:26:48
17
11:26:52
18
11:26:54
19
A.
That's correct.
11:26:56
20
Q.
21
22
owner; right?
11:24:33
17
11:24:34
18
11:24:36
19
11:24:38
20
BY MR. WOOTEN:
Q.
11:24:43
21
Q.
11:27:00
11:24:47
22
A.
11:27:06
Q.
23 (Pages 89 to 92)
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Page 95
11:27:07
A.
11:37:54
11:27:13
Q.
11:37:57
11:27:22
11:37:59
11:27:31
11:38:03
Q.
11:38:06
A.
11:38:09
please.
11:38:10
11:38:14
11:38:19
11:38:24
10
11:38:29
11
11:38:34
12
11:38:37
13
A.
11:38:39
14
Q.
11:38:43
15
11:38:48
16
11:38:50
17
11:38:55
18
11:38:59
19
11:39:01
20
A.
Potentially, yes.
11:39:17
21
Q.
11:39:22
22
11:27:35
11:27:41
11:27:47
11:27:54
11:27:55
11:27:56
11:27:58
11:28:03
11:28:03
11:28:07
10
11
12
13
14
Q.
from your company around the country, and I'm just trying to
11:28:10
15
11:28:12
16
issue. Is it your position that MERS has more than the right
11:28:20
17
11:28:26
18
mortgage?
11:28:26
19
11:28:27
20
11:28:31
21
11:28:35
22
that status, whatever they may be under state law and our
Q.
Page 94
Page 96
11:28:39
11:39:25
11:28:41
11:39:29
these bases.
11:28:44
11:39:32
11:28:45
11:39:37
11:28:48
11:39:39
A.
11:28:54
11:39:42
Q.
Yes.
11:29:19
11:39:42
A.
11:36:33
11:39:48
11:36:44
11:39:51
11:36:57
10
11:39:56
10
11:37:00
11
William C. Hultman.
11:39:58
11
A.
11:37:06
12
BY MR. WOOTEN:
11:40:02
12
Q.
11:37:06
13
11:40:05
13
A.
That's correct.
11:37:09
14
11:40:09
14
Q.
11:37:14
15
and you indicated that the only reason you were aware of was
11:40:13
15
11:37:17
16
11:40:15
16
A.
We do not.
11:37:22
17
11:40:16
17
Q.
11:37:26
18
11:40:19
18
they?
11:40:20
19
A.
We do not.
11:40:22
20
Q.
11:40:25
21
11:40:32
22
Q.
A.
That's correct.
Q.
11:37:30
19
11:37:35
20
note has been sold and prior to MERS and the mortgage
11:37:42
21
11:37:48
22
new owner and the previous owner released the mortgage before
consumers, do they?
24 (Pages 93 to 96)
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Page 99
11:40:36
of trust?
11:43:05
11:40:37
A.
11:43:06
11:40:42
Q.
11:43:12
11:40:46
11:40:47
11:40:50
Q.
Q.
11:43:16
That's correct.
11:43:18
A.
11:43:21
Q.
mortgage interest to someone who does not own the debt which
is secured by the mortgage?
BY MR. WOOTEN:
11:40:54
11:43:27
11:41:02
of a deed of trust?
11:43:32
11:41:06
A.
That's correct.
11:43:34
A.
11:41:14
10
Q.
11:43:37
10
Q.
11:41:17
11
A.
I'm sorry?
11:43:40
11
A.
Do what?
11:41:18
12
Q.
11:43:41
12
Q.
11:43:46
13
11:43:50
14
11:43:54
15
11:43:57
16
11:44:04
17
11:44:08
18
11:41:23
13
A.
11:41:25
14
Q.
11:41:28
15
11:41:31
16
11:41:36
17
11:41:40
18
11:41:43
19
that; right?
11:41:44
20
A.
11:41:47
21
correct.
11:41:47
22
Q.
Q.
debt?
11:44:09
19
A.
That's correct.
11:44:15
20
Q.
11:44:22
21
11:44:26
22
Page 98
11:41:52
11:41:56
11:41:57
11:42:00
Page 100
11:44:29
A.
That's correct.
11:44:33
Q.
11:44:34
A.
does it?
11:44:38
note.
11:42:02
A.
11:44:38
11:42:07
11:44:43
a promissory note that says pay to the order of MERS and GMAC
11:42:11
11:44:48
Q.
Q.
Q.
Q.
11:42:13
A.
That's correct.
11:44:50
11:42:14
Q.
11:44:52
11:42:18
10
11:44:58
10
would be the only way that MERS name would appear on the
promissory note in that capacity?
11:42:21
11
A.
That is correct.
11:45:01
11
11:42:21
12
Q.
11:45:03
12
11:42:24
13
A.
That's correct.
11:45:06
13
become confused and they have, may have endorsed the note to
11:42:28
14
Q.
11:45:10
14
us or they may have made notes out in our name, but that would
11:45:13
15
11:45:20
16
11:45:23
17
11:45:27
18
A.
Q.
11:42:34
11:42:39
15
16
11:42:42
17
11:42:51
18
11:42:57
19
11:45:29
19
11:43:01
20
11:45:40
20
11:43:02
21
11:45:43
21
11:43:03
22
11:45:45
22
A.
Q.
In what sense?
25 (Pages 97 to 100)
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Page 103
11:45:47
11:48:21
11:45:57
11:48:28
11:46:01
11:48:38
Q.
Q.
11:46:05
that?
11:48:43
11:46:05
A.
11:48:45
11:46:07
Q.
11:48:49
11:46:10
11:48:49
11:46:13
A.
11:48:51
11:46:15
Q.
11:48:55
11:46:18
10
11:48:57
10
A.
They do.
11
Q.
remoteness; right?
11:46:25
11
11:48:58
11:46:30
12
11:46:31
13
11:46:33
14
A.
Q.
Q.
11:49:01
12
11:49:06
13
A.
11:49:09
14
Q.
11:46:38
15
11:49:12
15
11:46:43
16
11:49:14
16
11:46:47
17
11:49:17
17
11:46:51
18
11:49:22
18
11:46:56
19
answer's yes.
11:49:25
19
11:46:57
20
11:49:32
20
the REMIC provisions of the tax code the assets of that trust
11:47:00
21
11:47:06
22
A.
Q.
Q.
11:49:37
21
11:49:44
22
Page 102
11:47:09
11:47:11
11:47:15
11:47:18
11:47:21
11:47:22
11:47:23
11:47:24
5
6
7
8
entity; right?
A.
I'm not sure I can answer it the way you've phrased it.
Q.
remoteness?
A.
Q.
A.
Yes.
How do you understand that term?
It generally means that there are provisions in the
Page 104
11:49:47
A.
11:49:50
Q.
11:49:52
A.
11:49:57
11:50:01
11:50:05
11:50:10
related.
11:50:12
11:50:18
11:50:24
10
11:50:25
11
11:50:28
12
Q.
11:47:26
11:47:31
10
the usual types of authority before that entity can file for
11:47:37
11
bankruptcy.
11:47:40
12
Q.
11:50:30
13
Q.
Yes.
11:47:44
13
A.
Yes.
11:50:31
14
A.
Generally, yes.
11:47:44
14
Q.
What is that?
11:50:32
15
Q.
11:47:46
15
A.
11:50:35
16
A.
Which limitations?
11:47:51
16
11:50:36
17
Q.
11:47:56
17
11:50:40
18
11:47:58
18
11:50:41
19
11:48:03
19
11:50:45
20
11:48:06
20
11:50:49
21
me.
11:50:49
22
Q.
11:48:10
21
A.
Not necessarily.
11:48:13
22
Q.
or a trust?
A.
tax code.
A.
Q.
Page 107
11:50:57
11:53:41
Q.
11:51:02
11:53:42
A.
11:51:05
A.
11:53:48
Q.
11:51:07
Q.
11:53:52
11:51:09
A.
I'm sorry.
11:53:57
of MERS; right?
11:51:10
Q.
11:53:59
A.
11:51:12
11:54:02
Q.
11:51:16
11:54:06
11:51:19
11:54:10
11:51:22
10
11:54:14
10
A.
11:51:27
11
wound up.
11:54:16
11
Q.
11:51:28
12
11:54:21
12
11:51:30
13
11:54:26
13
11:51:34
14
11:54:29
14
A.
11:51:40
15
11:54:31
15
Q.
11:51:43
16
11:54:34
16
11:51:44
17
11:54:38
17
11:51:50
18
11:54:41
18
11:51:50
19
11:54:45
19
11:51:54
20
enough with the REMIC regulations to tell you when assets can
11:54:48
20
11:51:58
21
11:54:54
21
11:52:00
22
11:54:56
22
Q.
A.
static pool.
Q.
basically stable?
A.
Q.
A.
Q.
Page 106
Page 108
11:52:05
11:55:00
11:52:11
11:55:07
11:52:15
disposing of assets?
11:55:11
11:52:17
A.
I am not.
11:55:14
11:52:23
Q.
11:55:15
11:52:34
11:55:16
11:52:38
11:55:18
11:52:43
11:55:18
BY MR. WOOTEN:
11:52:49
11:55:20
11:52:52
10
A.
11:55:24
10
11:52:56
11
Q.
11:55:27
11
it not?
11:53:01
12
11:55:28
12
A.
11:53:09
13
11:55:30
13
Q.
11:53:14
14
A.
I don't know.
11:55:35
14
11:53:15
15
Q.
11:55:42
15
11:53:20
16
11:55:46
16
11:53:27
17
11:55:51
17
A.
11:53:28
18
11:55:55
18
Q.
11:53:29
19
11:56:00
19
11:53:34
20
11:56:07
20
11:53:38
21
11:56:12
21
11:53:38
22
11:56:16
22
A.
Q.
Page 111
11:56:17
11:59:32
11:56:21
11:59:44
BY MR. WOOTEN:
11:56:24
BY MR. WOOTEN:
11:59:44
11:56:24
11:59:47
11:56:32
11:59:56
11:56:35
12:00:03
11:56:41
12:00:08
7
8
Q.
Q.
A.
11:56:46
A.
Yes.
12:00:12
11:56:48
Q.
12:00:18
11:56:53
10
the trust is funded with the assets at the time that the trust
12:00:25
10
11:56:58
11
is formed?
12:00:33
11
lender for the blank endorsement that is made for the purposes
11:56:59
12
12:00:39
12
of foreclosure?
12:00:41
13
12:00:41
14
12:00:43
15
question.
12:00:48
16
BY MR. WOOTEN:
12:00:48
17
12:00:53
18
12:00:59
19
foreclosure, do you?
12:01:00
20
A.
No.
12:01:00
21
Q.
12:01:03
22
11:57:03
13
A.
11:57:07
14
the time of the sale of the assets, then I would agree that
11:57:12
15
11:57:12
11:57:18
16
17
Q.
11:57:22
18
A.
Yes.
11:57:23
19
Q.
11:57:27
11:57:33
11:57:35
20
21
22
Q.
Q.
Page 110
11:57:39
11:57:42
11:57:48
11:57:53
11:57:58
11:58:05
11:58:09
11:58:15
Page 112
12:01:06
12:01:11
12:01:14
Transfer is probably not the correct word. The note has been
12:01:17
12:01:22
12:01:25
the note in blank and the trustee has transferred that asset,
12:01:35
12:01:41
A.
A.
Q.
11:58:18
12:01:46
A.
11:58:22
10
12:02:21
10
Q.
11:58:26
11
12:02:27
11
11:58:49
12
12:02:33
12
11:58:55
13
12:02:39
13
11:59:01
14
mortgage?
12:02:43
14
A.
11:59:01
15
12:02:44
15
Q.
11:59:02
16
12:02:46
16
11:59:18
17
12:02:47
17
11:59:19
18
12:02:49
18
11:59:24
19
12:02:49
19
11:59:28
20
12:02:52
20
11:59:30
21
12:02:53
21
11:59:31
22
12:02:54
22
Q.
A.
No.
MR. RAGSDALE: Object to the form.
BY MR. WOOTEN:
Q.
BY MR. WOOTEN:
Q.
Page 115
12:02:56
12:04:46
12:02:57
12:04:49
12:03:03
12:04:51
12:04:54
12:04:54
12:05:01
12:05:07
12:05:10
sell the property and take any action required of the lender.
12:05:13
12:05:14
10
12:05:19
11
12:03:03
12:03:06
12:03:06
12:03:06
12:03:09
12:03:09
12:03:09
10
Q.
Just a second.
to say --
BY MR. WOOTEN:
Q.
A.
12:03:12
11
12:03:13
12
A.
That's correct.
12:05:23
12
MERS has the right to exercise any and of all those interests
12:03:14
13
Q.
12:05:29
13
12:05:30
14
12:03:17
14
12:03:19
15
A.
I'm sorry?
12:05:35
15
12:03:20
16
Q.
12:05:36
16
12:03:23
17
12:05:39
17
12:03:27
18
would you?
12:05:41
18
12:03:27
19
12:03:30
20
12:03:32
21
12:03:33
22
A.
12:05:44
19
12:05:46
20
Yes.
12:05:50
21
That's correct.
12:05:53
22
Q.
Q.
experiencing a default.
Page 114
Page 116
12:03:33
12:05:58
12:03:37
12:06:01
12:03:41
system, MERS would not suffer any financial loss, would it?
12:06:05
secures to lender.
12:03:44
12:06:08
A.
12:03:47
12:06:08
Q.
12:04:01
12:06:10
A.
I agree.
12:04:01
12:06:11
Q.
12:04:04
12:06:14
12:04:06
A.
12:06:19
note.
12:04:09
10
Q.
12:06:19
10
A.
I agree.
12:04:12
11
12:06:20
11
Q.
12:04:18
12
12:06:21
12
A.
I agree.
12:04:21
13
12:06:28
13
Q.
12:04:25
14
default for the purposes of the mortgage, and we're the holder
12:06:31
14
12:04:28
15
of the mortgage.
12:06:35
15
right?
12:04:29
16
12:06:37
16
A.
12:04:33
17
12:06:39
17
Q.
Roman numeral 2.
12:04:36
18
A.
12:06:40
18
A.
Right.
12:04:39
19
Q.
12:06:41
19
Q.
12:04:40
20
A.
12:06:45
20
A.
Okay.
12:04:42
21
Q.
12:06:45
21
Q.
Right?
12:04:46
22
12:06:46
22
A.
Right.
Q.
BY MR. WOOTEN:
Q.
Q.
note; right?
Q.
That's right.
Page 119
12:06:59
MR. BROCHIN: Oh --
12:51:23
12:07:00
12:51:25
12:07:02
12:51:26
12:07:02
12:51:30
12:08:30
12:51:34
12:08:30
12:51:37
12:48:32
12:51:39
12:48:32
12:51:40
12:48:48
12:48:48
10
second.
p.m.)
THE VIDEOGRAPHER: We're back on record at 12:48:46.
BY MR. WOOTEN:
Q.
12:48:52
11
12:49:00
12
12:49:04
13
12:49:10
14
12:49:14
15
12:49:20
16
12:49:24
17
12:51:43
12:51:46
10
A.
A.
Q.
12:51:48
11
A.
No, we do not.
12:51:50
12
Q.
12:51:53
13
12:51:55
14
12:51:58
15
12:52:02
16
12:49:32
18
12:52:09
17
12:49:33
19
12:52:12
18
12:49:35
20
12:52:16
19
12:49:37
21
12:52:19
20
12:49:41
22
12:52:22
21
12:52:25
22
Q.
Page 118
Page 120
12:49:47
12:52:27
12:49:51
12:52:31
12:49:56
12:52:34
12:50:00
experience a default.
12:52:38
12:50:10
BY MR. WOOTEN:
12:52:42
vendor takes --
12:50:10
12:52:43
A.
12:50:13
12:52:44
Q.
12:50:18
A.
12:50:21
12:50:24
10
Q.
Q.
It can be.
A.
12:52:46
Q.
12:52:47
Q.
In Virginia?
12:52:48
10
A.
Yes.
Q.
12:50:25
11
A.
Yes.
12:53:14
11
12:50:48
12
Q.
12:53:17
12
12:50:51
13
12:53:21
13
A.
12:50:52
14
A.
Not normally.
12:53:24
14
that.
12:50:56
15
Q.
12:53:26
15
12:51:00
16
12:53:31
16
12:51:02
17
12:53:34
17
12:51:07
18
the note was negotiated to MERS and MERS was the holder, at
12:53:36
18
12:51:11
19
12:53:37
19
12:51:14
20
12:53:37
20
12:51:19
21
12:51:23
22
MERS; correct?
Q.
would they?
Q.
12:53:37
21
Q.
It is MERS?
12:53:38
22
A.
Yes.
12:53:49
12:53:52
12:53:54
12:53:57
Q.
foreclosures?
A.
Q.
In what sense?
Well, you said there are no employees of MERS;
right?
Page 123
12:56:29
12:56:52
A.
12:56:55
Q.
All right.
12:56:56
A.
-- in that paragraph.
12:57:02
Q.
12:57:08
12:57:12
12:57:17
12:57:20
12:57:26
10
12:57:31
11
12:53:57
12:54:01
12:54:02
12:54:05
12:54:08
10
12:54:11
11
12:57:32
12
12:54:15
12
12:57:34
13
12:54:18
13
12:57:34
14
12:54:22
14
12:57:37
15
12:54:25
15
servicer for the beneficial owner who has instructed that the
12:57:40
16
A.
12:57:41
17
Q.
12:57:46
18
A.
Q.
12:54:30
16
12:54:38
17
12:54:43
18
12:54:47
19
12:54:47
20
12:54:50
21
12:54:53
22
A.
they're officers.
Q.
Q.
12:57:49
19
12:57:53
20
That doesn't say if MERS invokes the power of sale, does it?
A.
I'm sorry?
MR. BROCHIN: Object to the form of the question.
BY MR. WOOTEN:
Q.
a promissory note?
foreclosure?
MR. RAGSDALE: Object to the form.
12:57:54
21
A.
12:57:57
22
Q.
Page 122
Page 124
12:54:56
12:58:00
12:54:59
12:58:03
12:55:02
12:58:07
industry.
12:58:17
12:58:20
12:58:27
A.
In which paragraph?
12:58:28
Q.
12:58:33
A.
I believe not.
12:58:49
Q.
12:58:54
10
separate data bases dealing with the payments which were made
12:58:59
11
by Deborah Henderson?
12:59:02
12
A.
I'm sorry?
Q.
12:55:20
12:55:21
12:55:26
12:55:29
12:55:33
7
8
BY MR. WOOTEN:
Q.
A.
Q.
12:55:33
12:55:34
10
12:55:37
11
12:55:50
12
A.
I'm there.
12:59:03
13
12:55:54
13
Q.
12:59:08
14
12:56:01
14
A.
Is that a question?
12:59:14
15
12:56:02
15
Q.
12:59:18
16
12:56:05
16
12:59:22
17
12:59:25
18
12:59:28
19
occasions.
12:59:30
20
12:59:34
21
12:59:37
22
A.
Q.
Okay.
And if you'll look at the page across the fax line
A.
12:56:08
17
12:56:12
18
12:56:17
19
Q.
12:56:21
20
12:56:21
21
A.
12:56:25
22
Q.
security instrument?
A.
Q.
Page 127
12:59:39
13:02:14
12:59:43
13:02:19
12:59:47
13:02:24
A.
12:59:48
13:02:25
Q.
12:59:51
13:02:27
A.
Yes.
12:59:54
13:02:29
Q.
12:59:59
13:02:34
had chosen to assign the lien out of the MERS system or anyone
13:00:03
13:02:38
13:02:42
13:02:47
10
13:02:49
11
13:00:05
Q.
A.
A.
Q.
do that; right?
13:00:08
10
13:00:12
11
13:00:16
12
13:02:51
12
13:00:20
13
13:02:54
13
13:00:26
14
13:02:57
14
13:00:29
15
13:03:03
15
13:00:30
16
13:03:07
16
13:03:13
17
13:03:15
18
13:03:17
19
20
conversations.
BY MR. WOOTEN:
13:00:47
13:00:47
13:00:54
17
BY MR. WOOTEN:
18
19
Q.
13:01:00
20
13:03:19
13:01:04
21
13:03:24
21
13:03:24
22
13:01:05
22
A.
Q.
Q.
Page 126
Page 128
13:01:07
13:03:27
13:01:08
13:03:32
13:01:09
13:03:35
13:01:10
13:03:38
13:01:10
13:03:40
13:01:14
13:03:42
13:01:19
if GMAC had chosen to assign this MERS mortgage into its own
13:03:47
13:01:24
13:03:50
13:01:27
13:01:29
10
question.
MR. WOOTEN: Are you all right on that?
BY MR. WOOTEN:
Q.
A.
13:01:34
11
13:01:40
12
that, and then GMAC could have foreclosed however they wanted
13:01:45
13
13:01:45
14
13:01:51
15
to.
Q.
10
Q.
prior to foreclosure.
A.
Q.
13:04:14
11
A.
Yes.
13:04:19
12
Q.
13:04:25
13
A.
13:04:27
14
Q.
Please.
13:04:27
15
A.
Okay.
13:04:28
16
Q.
Page 25 I think.
13:04:36
17
A.
13:04:38
18
Q.
13:04:54
19
13:05:00
20
13:05:05
21
13:05:08
22
would be because GMAC could not have gone out and foreclosed
16
13:01:59
17
right?
13:01:59
18
13:02:00
19
13:02:04
20
13:02:07
21
that question.
22
13:04:08
Now, when you say MERS assigning the lien back, that
13:01:55
13:02:13
13:04:04
A.
BY MR. WOOTEN:
Page 131
13:05:13
13:07:27
13:05:17
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13:07:31
13:05:22
13:07:35
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13:07:41
13:05:26
13:07:41
13:05:26
13:07:42
13:05:34
13:07:43
13:05:37
A.
Yes.
13:07:45
13:05:46
10
Q.
13:07:47
10
13:05:53
11
13:07:51
11
13:05:57
12
13:07:56
12
13:06:00
13
13:08:00
13
13:06:05
14
13:08:03
14
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15
13:08:06
15
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16
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16
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17
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17
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18
13:08:12
13:06:26
19
18
13:06:29
20
13:06:35
13:06:36
21
22
BY MR. WOOTEN:
Q.
A.
BY MR. WOOTEN:
Q.
13:08:50
19
identification.)
13:08:50
20
BY MR. WOOTEN:
13:08:50
21
13:08:59
22
Q.
Page 130
Page 132
13:06:40
place?
13:09:05
13:06:40
A.
Verify what?
13:09:12
13:06:41
Q.
13:09:18
13:06:44
13:09:23
13:09:27
earlier; correct?
13:09:27
13:09:29
7
8
13:06:45
assignments.
A.
13:06:49
13:06:53
13:06:56
A.
13:09:31
13:07:00
Q.
13:09:32
Q.
Yeah.
13:07:03
10
point?
13:09:32
10
A.
13:07:03
11
A.
13:07:05
12
13:07:08
13
13:07:12
14
13:07:12
15
13:07:13
13:07:13
13:07:16
16
17
18
Q.
Q.
MERS.
13:09:34
11
13:09:37
12
13:09:42
13
13:09:46
14
13:09:50
15
13:09:52
16
form --
13:09:53
17
A.
13:09:54
18
Q.
-- we marked earlier?
13:09:55
19
A.
13:10:17
20
13:10:21
21
13:10:25
22
That's correct.
MR. RAGSDALE: Object to the form.
BY MR. WOOTEN:
Q.
13:07:20
19
13:07:24
20
13:07:25
13:07:26
21
22
I would have to --
resolution; right?
Page 135
13:10:26
A.
13:12:40
13:10:28
Q.
Paragraph 1 of Exhibit 4.
13:12:45
13:10:30
A.
13:12:47
13:10:34
13:12:55
13:10:37
Q.
Similar?
13:13:00
A.
13:10:38
A.
-- similar.
13:13:07
Q.
13:10:39
Q.
13:13:11
13:10:47
13:13:12
A.
Yes.
13:10:51
13:13:15
Q.
13:13:18
10
A.
13:13:22
11
13:13:23
12
Q.
Right.
13:13:24
13
A.
13:10:53
13:11:00
10
11
13:11:03
12
13:11:07
13
A.
Q.
A.
Q.
on behalf of MERS?
13:11:12
14
13:11:15
15
13:13:27
14
13:11:18
16
13:13:29
15
16
13:11:22
17
are authorized to, colon, and then those three par- -- four
13:13:37
13:11:22
18
paragraphs.
13:13:43
17
13:11:28
19
13:13:47
18
A.
13:11:30
20
13:13:50
19
Q.
13:11:33
21
13:13:52
20
A.
13:11:37
22
13:13:55
21
13:14:00
22
Q.
Page 134
Page 136
13:11:43
13:14:02
13:11:44
A.
13:14:06
13:11:47
Q.
Right.
13:14:09
13:11:47
A.
13:14:11
13:11:49
Q.
13:14:17
13:11:53
13:14:28
13:11:58
A.
Yes.
13:14:33
13:11:59
Q.
13:14:37
13:12:09
13:14:41
13:12:12
10
13:14:46
10
13:12:13
11
13:14:51
11
13:12:15
12
13:14:53
12
13:12:15
13
Q.
Exhibit 4 --
13:14:59
13
13:12:15
14
A.
13:15:00
14
13:12:17
15
Q.
Number A.
13:15:03
15
13:12:18
16
A.
13:15:07
16
13:12:19
17
Q.
13:15:10
17
13:12:23
18
13:15:14
18
13:12:28
19
13:15:17
19
corporate resolution that you use for every law firm that is a
13:12:33
20
13:15:22
20
MERS member?
13:12:37
21
right?
13:15:23
21
A.
No.
13:12:37
22
13:15:24
22
Q.
right?
I'm sorry.
MR. RAGSDALE: Exhibit 4?
BY MR. WOOTEN:
A.
the law firm would have none of its own business records
A.
A.
Q.
Page 139
13:18:28
13:18:32
member of MERS, they would have, and they had reason to have
13:18:33
13:18:34
13:15:40
it.
13:15:41
13:15:46
13:15:53
13:15:27
13:15:29
13:15:32
13:15:37
A.
13:18:35
13:18:38
effect.
13:18:38
BY MR. WOOTEN:
13:18:39
13:15:57
13:18:43
13:16:00
10
13:18:52
10
13:16:00
11
13:18:55
11
13:16:03
12
13:19:00
12
A.
13:16:06
13
BY MR. WOOTEN:
13:19:03
13
Q.
13:16:06
14
13:19:06
14
13:16:08
15
13:19:09
15
13:16:13
16
behalf?
13:19:09
16
13:16:14
17
A.
13:19:12
17
13:16:17
18
they would have the reason, they could endorse the note if --
13:19:15
18
A.
I do not know.
13:16:23
19
13:19:17
19
Q.
13:16:28
20
13:19:20
20
talked about earlier in that anyone who has or feels the need
13:16:33
21
13:19:25
21
13:16:36
22
13:19:29
22
Q.
Q.
Q.
I do not know.
Q.
Page 138
Page 140
13:16:40
13:19:31
13:16:43
13:19:32
13:16:49
13:19:39
13:16:54
13:19:40
13:16:59
13:19:45
13:17:00
A.
13:19:49
13:17:12
Q.
13:19:54
13:17:20
13:17:23
13:19:55
13:19:57
13:19:59
10
13:20:00
11
Q.
Is that wrong?
12
A.
Q.
13:17:27
10
13:17:33
11
13:17:41
12
BY MR. WOOTEN:
Q.
13:17:48
13
13:20:02
13:17:51
14
13:20:05
13
13:17:52
15
13:20:06
14
13:17:55
16
13:20:11
15
13:18:08
17
13:20:18
16
13:18:12
18
13:20:20
17
13:18:15
19
13:20:22
18
13:18:17
20
13:20:25
19
power to the servicer and then the servicer would also have
13:20:28
20
that authority.
13:20:28
21
BY MR. WOOTEN:
13:20:29
22
13:18:19
21
13:18:25
22
A.
uses.
Q.
proof of claim?
A.
answer it.
Q.
Q.
Page 143
13:20:32
13:23:18
A.
I don't know.
13:20:34
A.
13:23:19
Q.
13:20:37
Q.
13:23:23
13:20:41
13:23:25
4
5
13:20:43
A.
Generally, yes.
13:23:28
13:20:44
Q.
13:23:28
13:20:46
A.
13:23:28
identification.)
13:20:49
Q.
13:23:32
BY MR. WOOTEN:
it; right?
13:23:32
9
10
13:20:52
Q.
13:20:53
10
A.
13:23:42
13:20:56
11
Q.
13:24:04
11
13:21:02
12
13:24:12
12
13:24:16
13
13:24:20
14
13:24:24
15
13:24:31
16
13:24:36
17
number 3 of Exhibit 1.
13:24:51
18
13:24:56
19
13:25:01
20
bankruptcy process?
13:25:02
21
A.
13:25:10
22
Q.
13:21:07
13:21:09
13:21:11
13:21:14
13:21:18
13:21:35
13
14
15
16
17
18
investor.
Q.
A.
13:21:38
19
13:21:42
20
13:21:47
13:21:51
21
22
Page 142
Page 144
13:21:57
13:25:14
13:22:00
13:25:18
A.
13:22:05
any further action taken by MERS to verify that the people who
13:25:19
Q.
Or MERS?
13:22:09
13:25:20
A.
13:22:14
13:25:24
13:25:24
6
7
13:22:19
Q.
case.
Q.
13:22:20
13:25:35
13:22:21
13:25:41
13:22:25
13:25:45
13:22:31
10
13:25:49
10
13:25:49
11
13:25:50
12
13:25:52
13
13:25:55
14
13:25:59
15
13:26:04
16
13:26:10
17
13:26:15
18
13:26:18
19
13:26:21
20
13:26:25
21
13:26:29
22
BY MR. WOOTEN:
13:22:33
13:22:38
13:22:43
11
12
13
13:22:51
14
13:22:51
15
13:22:55
13:22:58
16
17
13:23:00
18
13:23:03
19
13:23:10
20
13:23:13
21
13:23:15
22
that company.
Q.
Page 147
13:26:30
13:29:28
13:26:35
13:29:32
13:26:40
13:26:43
13:26:47
13:26:51
13:26:55
6
7
13:26:59
13:27:00
13:27:02
13:27:06
Q.
A.
13:29:37
I do not.
13:29:42
13:29:46
ensure that they are complying with our rules and procedures
13:29:49
13:29:51
Q.
13:29:52
A.
A.
Q.
10
11
Q.
MERS?
13:27:06
12
A.
13:27:10
13
Q.
13:29:55
13:29:55
10
13:29:59
11
Q.
13:30:01
12
A.
13:30:12
13
13:30:17
14
13:30:20
15
13:30:24
16
13:30:25
17
13:30:29
18
13:27:14
14
13:27:19
15
it?
13:27:19
16
13:27:19
17
13:27:23
18
Q.
Huh?
13:30:32
19
13:27:23
19
A.
13:30:33
20
13:27:26
20
Q.
13:30:35
21
13:27:29
21
A.
13:30:40
22
13:27:36
22
Q.
A.
department.
Q.
A.
Q.
Page 146
Page 148
13:27:44
13:30:46
13:27:49
13:30:48
13:27:53
13:30:49
13:27:56
A.
13:30:51
13:27:59
Q.
13:30:52
13:28:03
13:30:53
13:28:07
officers?
13:30:53
13:28:08
A.
13:30:56
13:28:11
Q.
13:30:59
A.
13:28:14
10
A.
13:31:01
10
Q.
13:28:17
11
Q.
No one pays?
13:31:04
11
A.
No.
13:28:18
12
A.
13:31:07
12
Q.
13:28:57
13
Q.
13:31:09
13
A.
13:29:00
14
13:31:13
14
13:29:04
15
13:31:14
15
Q.
13:29:08
16
13:31:15
16
A.
It does.
13:29:10
17
13:31:16
17
Q.
13:31:19
18
A.
Sharon Horstkamp.
13:31:23
19
Q.
13:31:27
20
A.
She does.
13:31:29
21
Q.
13:31:33
22
13:29:13
18
BY MR. WOOTEN:
13:29:13
19
13:29:18
20
13:29:22
21
13:29:26
22
Q.
BY MR. WOOTEN:
Q.
corporate division.
resolution?
13:33:51
activity, well then obviously they would know that it's being
13:33:56
undertaken; right?
13:33:58
A.
Sure.
13:33:58
Q.
13:34:03
13:34:07
13:34:08
13:34:10
13:34:14
10
13:34:18
11
13:34:23
12
13:34:28
13
13:34:31
14
A.
13:34:33
15
Q.
In MERS system.
13:34:34
16
A.
13:34:37
17
Q.
18
is available to you and that you use, do you have any record
13:31:37
13:31:37
13:31:40
13:31:46
13:31:46
13:31:48
13:31:50
13:31:50
13:31:53
13:31:57
10
13:32:02
11
13:32:06
12
13:32:11
13:32:14
13:32:14
13:32:17
13
14
15
16
Page 151
A.
I do not.
MR. BROCHIN: To the extent that answer calls for
BY MR. WOOTEN:
Q.
A.
A.
yes.
Q.
Q.
performance department?
13:32:19
17
A.
Yes.
13:32:20
18
Q.
13:32:25
19
13:34:42
13:32:31
20
13:34:46
19
13:32:34
21
13:34:50
20
13:32:38
22
13:34:54
21
13:34:57
22
A.
A.
Page 150
Page 152
13:32:42
13:35:03
Q.
13:32:46
our procedures.
13:35:06
A.
13:32:47
13:35:08
Q.
13:32:53
13:35:11
A.
13:32:56
13:35:15
13:33:00
13:35:18
13:33:04
officers?
13:35:25
13:33:06
Q.
Yes.
13:35:28
13:33:06
A.
Yes.
13:35:33
basis?
13:33:06
10
Q.
13:35:33
10
A.
13:33:09
11
13:35:35
11
Q.
13:33:11
12
13:35:38
12
A.
13:33:13
13
13:35:40
13
Q.
13:33:16
14
13:35:41
14
A.
They do not.
13:33:23
15
certifying officers?
13:35:42
15
Q.
13:33:24
16
A.
Generally, no.
13:35:47
16
13:33:25
17
Q.
13:35:50
17
13:33:29
18
13:33:35
19
13:35:53
18
A.
certifying officer?
13:35:54
19
Q.
13:35:58
20
13:35:59
21
A.
Generally, no.
13:36:00
22
Q.
13:33:35
20
Q.
A.
this resolution?
A.
Generally, yes.
Q.
A.
Which services?
13:33:38
21
13:33:43
22
by MERS?
Page 155
13:36:04
of trust?
13:38:23
13:36:05
A.
13:38:25
Q.
Foreclosure deeds.
13:36:06
Q.
13:38:27
A.
13:36:09
Q.
13:36:12
13:36:13
13:36:16
13:36:21
13:36:22
13:36:26
10
13:38:32
A.
I do not.
13:38:35
MERS? Do you have any idea how many affidavits are executed
Q.
13:38:39
13:38:42
by MERS?
13:38:46
13:38:47
Q.
13:38:49
10
A.
Q.
A.
13:36:27
11
13:36:31
12
13:36:33
13
A.
13:36:37
14
Q.
13:36:41
15
13:36:46
16
13:36:49
17
A.
13:36:51
18
Q.
13:36:57
19
13:37:01
20
13:37:04
21
13:37:07
22
A.
sign personally.
13:38:52
11
13:38:56
12
13:38:57
13
A.
A few hours.
13:39:02
14
Q.
13:39:07
15
13:39:10
16
on a daily basis?
Correct.
13:39:12
17
A.
No.
13:39:12
18
Q.
13:39:15
19
13:39:17
20
A.
No.
13:39:17
21
Q.
13:39:20
22
Q.
A.
affidavits?
affidavits of debt?
Page 154
Page 156
13:37:10
servicer.
13:39:26
A.
Do I have what?
13:37:14
Q.
13:39:27
Q.
13:37:18
someone at MERS and say how many assignments have been done in
13:39:30
13:37:22
13:39:36
A.
I do not.
13:37:25
13:39:37
Q.
13:37:29
A.
13:39:40
13:37:33
time.
13:39:46
MERS?
13:37:33
Q.
13:39:47
A.
13:37:38
13:39:51
Q.
13:39:55
10
13:39:59
11
13:40:02
12
A.
13:40:03
13
Q.
14
13:37:39
10
13:37:42
11
13:37:45
12
13:37:47
13:37:52
13
14
Q.
13:37:54
15
A.
Yes.
13:40:06
13:37:58
16
Q.
13:40:10
15
13:38:04
17
13:40:11
16
13:38:08
18
13:40:13
17
13:38:12
19
13:38:12
20
13:38:17
21
13:38:20
22
A.
No.
13:40:17
18
question?
Q.
13:40:17
19
BY MR. WOOTEN:
13:40:17
20
13:40:20
21
13:40:24
22
Q.
Q.
On a daily basis --
13:43:27
A.
No.
13:43:27
Q.
13:43:30
13:43:32
A.
No, I do not.
13:43:33
Q.
13:43:36
13:43:39
A.
I do not.
13:43:41
Q.
13:43:44
10
13:40:28
13:40:29
13:40:33
13:40:37
Q.
13:40:40
A.
13:40:42
Q.
13:40:48
13:40:49
A.
13:40:50
Q.
13:40:54
10
13:40:58
11
13:41:23
12
13:41:26
13
13:41:31
14
A.
foreclosures in Florida?
13:41:32
15
A.
13:41:33
16
Q.
13:41:37
17
Page 159
13:43:46
11
A.
13:43:59
12
Q.
13:44:05
13
13:44:05
14
13:44:09
15
13:44:13
16
followed.
13:44:13
17
13:44:13
18
identification.)
13:44:39
19
BY MR. WOOTEN:
13:44:39
20
13:44:46
21
13:44:49
22
to MERS currently?
A.
13:41:38
18
A.
13:41:44
19
Q.
13:41:50
20
13:41:54
21
13:41:57
22
Q.
Nope.
Page 158
13:42:00
13:42:02
13:42:04
13:42:07
13:42:17
13:42:18
A.
13:42:23
Q.
13:42:28
13:42:33
13:42:36
10
13:42:36
11
13:42:38
12
13:42:41
13
13:42:44
14
13:42:44
Page 160
13:44:52
13:44:58
13:45:00
A.
13:45:03
form.
Roman numeral 3.
13:45:04
13:45:07
13:45:12
package?
13:45:13
A.
13:45:27
Q.
13:45:31
10
13:45:33
11
13:45:37
12
13:45:41
13
BY MR. WOOTEN:
13:45:41
14
13:45:42
15
15
A.
Q.
Q.
Q.
statement?
MR. BROCHIN: Object to the form of the question.
MR. RAGSDALE: You're asking if he agrees with the
statements?
13:42:50
16
13:45:42
16
13:42:55
17
13:45:43
17
13:42:58
18
A.
13:45:45
18
13:43:05
19
Q.
13:45:49
19
statement.
20
BY MR. WOOTEN:
Q.
13:43:08
20
13:46:09
13:43:15
21
on behalf of MERS?
13:46:11
21
13:43:23
22
13:46:14
22
A.
A.
13:46:19
13:46:25
13:46:27
13:46:31
13:46:39
Q.
13:46:41
A.
13:46:43
13:46:44
13:46:48
10
13:46:50
11
13:47:07
Page 163
13:48:36
Q.
13:48:41
A.
13:48:48
13:48:52
13:49:01
13:49:06
13:49:09
foreclosure.
Q.
You could --
13:49:11
A.
13:49:16
A.
Q.
13:49:22
10
13:49:26
11
12
13:49:30
12
13:47:12
13
13:49:34
13
confusing.
13:47:15
14
13:49:37
14
13:47:24
15
13:49:41
15
13:47:32
16
13:49:42
16
13:47:33
17
A.
13:49:46
17
13:47:35
18
Q.
13:49:50
18
13:47:40
19
A.
13:50:05
19
13:47:43
20
Q.
13:50:11
20
13:47:47
21
lawsuit?
13:50:16
21
13:47:48
22
A.
13:50:18
22
Contentions by who?
Q.
in that litigation?
A.
Q.
A.
Page 162
13:47:50
13:47:52
13:47:53
13:47:53
13:47:55
13:47:58
13:48:00
6
7
Q.
BY MR. WOOTEN:
Q.
-- in that action?
MR. RAGSDALE: -- let me also say any knowledge that
you have about that lawsuit that you derived from your legal
counsel I would instruct you not to disclose that or to
Page 164
13:50:21
13:50:26
don't know.
13:50:26
13:50:32
13:50:34
identification.)
13:50:34
BY MR. WOOTEN:
13:50:34
13:50:38
13:50:44
13:50:49
10
13:51:10
11
once MERS becomes the mortgagee of record that you remain the
13:51:17
12
13:51:21
13
servicing rights are sold from one MERS member to another and
Q.
Right.
(Hultman Deposition Exhibit No. 7 was marked for
Q.
13:48:03
13:48:05
13:48:07
10
question.
13:48:07
11
BY MR. WOOTEN:
13:48:08
12
13:48:10
13
your lawyer told you or that you conversed with them. I mean
13:51:26
14
13:48:14
14
13:51:30
15
correct?
13:48:16
15
A.
Yes, sir.
13:51:30
16
13:48:17
16
Q.
13:51:34
17
13:48:20
17
lawyers. I'm asking you what you know about this litigation
13:51:34
18
Q.
13:48:22
18
13:51:36
19
A.
Yes.
13:48:25
19
13:51:36
20
Q.
13:51:37
21
A.
13:51:38
22
Q.
Q.
13:48:29
20
Okay?
13:48:30
21
A.
Okay.
13:48:31
22
Q.
A.
I believe?
Page 167
13:51:40
A.
13:54:13
13:51:41
Q.
-- in that case?
13:54:18
13:51:43
A.
Yes, sir.
13:54:21
13:51:49
13:54:23
13:51:54
13:54:26
13:51:59
13:54:31
13:52:01
13:54:34
13:52:03
13:54:40
BY MR. WOOTEN:
13:52:03
13:54:41
13:52:06
10
13:54:47
10
13:52:08
11
13:54:50
11
they?
13:52:14
12
BY MR. WOOTEN:
13:54:53
12
13:52:14
13
13:54:57
13
13:52:18
14
13:54:58
14
13:55:02
15
13:55:09
16
13:55:14
17
right?
13:55:14
18
13:52:20
15
13:52:21
16
13:52:21
17
13:52:24
18
13:52:27
19
13:52:29
20
13:52:29
21
13:52:35
22
Q.
Q.
Q.
A.
A.
Q.
13:55:18
19
Q.
Okay.
13:55:21
20
A.
13:55:27
21
A.
the owner of the beneficial interest are the same, and all I'm
13:55:30
22
Q.
A.
Page 166
Page 168
13:52:39
saying is is that there are times when the note may be in the
13:55:36
13:52:43
possession of someone else but the loan interest has been sold
13:55:40
13:52:48
accept -- has been sold to some other, some party, and that
13:55:43
A.
13:52:52
13:55:45
Q.
13:52:56
13:55:48
13:53:00
13:55:52
13:53:05
13:55:56
loan sends a hello letter, and they call that the hello/good-
13:53:10
13:56:00
13:53:12
13:56:02
A.
13:53:19
10
13:56:04
10
Q.
13:53:22
11
13:56:06
11
does not run down to the county land record and record an
13:53:28
12
13:56:09
12
assignment of mortgage?
13:53:34
13
13:56:11
13
13:53:39
14
13:56:14
14
when servicing rights are traded between people who are not
13:53:43
15
13:56:18
15
13:53:48
16
13:56:21
16
13:53:49
17
13:56:24
17
13:53:51
18
13:56:28
13:53:51
19
18
13:56:58
19
13:57:04
20
debt, is it your belief that -- you said the servicer who sold
13:57:10
21
13:57:14
22
13:53:55
20
Q.
A.
Q.
A.
situation.
Q.
A.
Q.
13:54:00
21
13:54:05
22
Page 171
13:57:18
14:00:14
13:57:22
14:00:17
to purchaser, yes.
13:57:26
MERS system.
14:00:46
BY MR. WOOTEN:
13:57:34
14:00:46
13:57:40
14:00:56
13:57:45
14:01:09
13:57:48
A.
14:01:13
13:57:50
Q.
14:01:17
13:57:55
14:01:21
13:58:00
10
A.
14:01:31
10
13:58:02
11
Q.
14:01:35
11
A.
13:58:06
12
14:01:36
12
Q.
13:58:11
13
14:01:39
13
A.
13:58:15
14
14:01:43
14
closed the loan in their name and they knew that they were
13:58:18
15
14:01:48
15
13:58:21
16
14:01:52
16
13:58:26
17
14:01:56
17
13:58:31
18
named in the land records but the lender and beneficial owner
14:02:00
18
13:58:36
19
14:02:04
19
13:58:39
20
14:02:07
20
recording fees.
13:58:41
21
14:02:08
21
Q.
Okay.
13:58:41
22
14:02:08
22
A.
A.
Q.
A.
that level.
Q.
Q.
Page 170
13:58:44
13:58:46
13:58:48
13:58:50
Page 172
14:02:12
14:02:16
14:02:21
14:02:25
13:58:56
14:02:26
13:59:09
BY MR. WOOTEN:
13:59:10
14:02:28
14:02:29
14:02:37
BY MR. WOOTEN:
14:02:37
Q.
13:59:21
10
13:59:14
13:59:24
Q.
Q.
13:59:28
11
14:02:45
10
13:59:31
12
14:02:50
11
13:59:35
13
14:02:53
12
13:59:39
14
14:02:57
13
13:59:45
15
BY MR. WOOTEN:
14:02:59
14
13:59:45
16
14:03:04
15
13:59:48
17
14:03:07
16
pay it.
13:59:56
18
14:03:07
17
14:00:01
19
14:03:10
18
14:03:10
19
14:03:11
20
14:03:20
21
14:03:25
22
Q.
14:00:07
20
14:00:09
21
14:00:11
22
A.
Q.
right?
A.
Probably, yeah.
Q.
Page 175
14:03:30
14:05:57
14:03:37
14:06:00
Truth in Lending Act that have come out of the recent economic
14:03:40
14:06:03
turmoil; right?
14:03:42
14:06:05
A.
14:03:44
14:06:09
Q.
14:03:47
gain because of this system, and what I'm saying is there are
14:06:11
14:03:52
14:06:14
A.
Since May.
14:03:55
14:06:15
Q.
14:03:58
14:06:22
14:04:01
10
14:06:28
10
14:04:05
11
A.
14:06:28
11
A.
14:04:07
12
Q.
14:06:29
12
Q.
14:04:09
13
14:06:32
13
A.
14:04:13
14
14:06:35
14
14:04:18
15
assignment?
14:06:38
15
14:04:19
16
Yes.
14:06:43
16
14:04:19
17
14:06:48
17
14:04:22
18
14:06:50
18
they?
14:04:25
19
14:06:50
19
A.
14:04:29
20
14:06:51
20
Q.
14:04:30
21
14:06:53
21
A.
14:04:31
22
14:06:55
22
Q.
A.
A.
Q.
benefits though.
Q.
Q.
Page 174
14:04:31
14:04:32
14:04:35
14:04:36
A.
14:04:39
that.
14:04:39
Q.
14:04:46
14:04:51
14:04:55
BY MR. WOOTEN:
Q.
Sure. But I'm just saying when you talk about that
14:05:00
10
14:05:05
11
14:05:10
12
14:05:16
13
14:05:20
14
14:05:25
15
14:05:28
16
14:05:32
17
A.
14:05:34
18
Q.
14:05:42
19
14:05:47
20
14:05:54
21
14:05:55
22
Page 176
14:06:57
A.
14:06:58
Q.
14:07:01
A.
14:07:04
14:07:05
14:07:07
case?
14:07:07
A.
That's true.
14:07:09
Q.
14:07:12
14:07:13
10
I'm sorry?
Q.
14:07:14
11
14:07:18
12
web site or the use of the 800 number whether or not the
14:07:21
13
14:07:27
14
14:07:29
15
14:07:34
16
That is correct.
14:07:36
17
14:07:40
18
14:07:45
19
14:07:48
20
14:07:51
21
14:07:51
22
A.
A.
Q.
A.
No.
MR. BROCHIN: Object to the form of the question.
Page 179
14:07:53
14:09:27
A.
14:07:54
Q.
No?
14:09:28
Q.
14:07:54
A.
No.
14:09:31
14:07:55
Q.
14:09:32
BY MR. WOOTEN:
of the debt?
A.
Q.
14:07:57
A.
We do.
14:09:34
14:07:58
Q.
And you could have told any borrower who their owner
14:09:36
14:08:01
14:09:37
A.
No.
14:08:03
14:09:38
Q.
14:09:42
14:08:05
14:08:08
10
14:09:44
10
A.
No.
14:08:16
11
borrower who the servicer is, but you won't tell the borrower
14:09:44
11
Q.
14:08:19
12
14:09:49
12
14:08:22
13
Lending; right?
14:09:54
13
14
14:08:23
14
14:09:58
14:08:24
15
14:09:59
15
14:08:25
16
14:09:59
16
14:08:27
17
14:10:00
17
Q.
18
A.
14:08:30
18
14:10:03
14:08:33
19
14:10:07
19
keep rec- -- there's an audit trail how many times people made
14:08:34
20
BY MR. WOOTEN:
14:10:08
20
14:08:35
21
14:10:12
21
14:10:23
22
14:08:38
22
Q.
Q.
Page 178
Page 180
14:08:39
14:10:27
14:08:40
14:10:30
A.
14:08:43
14:10:36
Q.
14:08:45
14:10:40
14:08:48
14:10:44
14:10:48
14:10:50
14:10:52
14:10:58
14:11:32
10
14:11:32
11
14:11:36
12
14:11:47
13
14:11:54
14
14:12:08
15
14:12:12
16
14:12:23
17
A.
14:12:25
18
Q.
14:12:31
19
14:08:50
14:08:54
BY MR. WOOTEN:
14:08:55
14:08:56
14:08:59
10
14:09:01
11
Q.
A.
Okay. When you say you disclose it -Because I take, I generally take the borrower calls
14:09:04
12
Q.
14:09:07
13
A.
I probably --
14:09:07
14
Q.
-- in this environment?
14:09:09
15
A.
14:09:13
16
Q.
And that has happened -- how long has that been the
14:09:17
17
14:09:19
18
in 2005. Okay?
14:09:23
19
14:12:34
20
A.
14:09:24
20
Q.
14:12:34
21
Q.
14:09:25
21
A.
I did not.
14:12:36
22
A.
Okay.
14:09:26
22
Q.
Okay. Prior --
Mm-hmm.
Page 183
14:12:36
14:30:18
current loan servicer. Is that not typically the way that the
14:12:39
the loan into the secondary market in 2005, and allegedly the
14:30:26
14:12:44
14:30:31
mortgagee mortgage?
14:12:50
14:30:32
14:30:35
14:30:36
14:30:40
14:30:42
A.
14:30:45
Q.
Take a second.
14:30:46
10
A.
Q.
14:12:57
14:13:01
A.
14:13:06
14:13:11
14:13:14
14:13:15
10
14:30:47
11
Q.
14:13:19
11
14:30:50
12
A.
Okay.
14:13:24
12
14:30:50
13
Q.
14:13:30
13
and then for some reason in 2009 the trustee of the trust
14:30:59
14
A.
14:13:35
14
14:31:03
15
14:13:39
15
14:31:06
16
14:13:42
16
14:31:08
17
the entity held the mortgage lien that may or may not be the
14:13:46
17
14:31:10
18
14:31:13
19
14:31:15
20
question, and that is, is that not typically the state of all
14:31:21
21
14:31:27
22
14:13:46
18
14:13:50
19
14:13:50
20
14:13:53
21
14:13:56
22
BY MR. WOOTEN:
Q.
Q.
note?
A.
authority to do it.
Q.
Page 182
Page 184
14:14:01
14:31:32
14:14:04
situation?
14:31:34
14:14:05
14:14:06
14:14:09
14:14:11
14:14:20
14:14:23
14:14:25
14:14:30
10
14:29:07
11
14:29:07
12
14:29:19
13
14:29:23
original lender?
A.
A.
Correct.
14:31:39
Q.
14:31:44
14:31:50
14:31:58
14:32:01
14:32:05
14:32:11
14:32:14
10
14:32:19
11
14:32:23
12
14:32:27
13
14
William C. Hultman.
14:32:32
14
14:29:26
15
BY MR. WOOTEN:
14:32:35
15
14:29:26
16
14:32:40
16
14:29:31
17
14:32:41
17
A.
14:29:33
18
14:32:43
18
Q.
14:29:54
19
14:32:44
19
A.
14:30:07
20
that the land records in Minnesota did not reflect the name of
14:32:46
20
14:30:11
21
the servicer but rather the entity that initially held the
14:32:50
21
the payments.
14:30:14
22
14:32:51
22
Q.
Q.
Q.
Okay.
Page 187
14:32:52
A.
So I misspoke.
14:35:00
14:32:54
Q.
14:35:01
14:32:57
14:35:03
14:33:01
14:35:06
14:33:06
that if you went to any state and looked at the land records
14:35:08
BY MR. WOOTEN:
14:33:12
14:35:08
14:33:15
mortgage, you would most likely see the initial filing would
14:35:11
14:33:20
14:35:17
the 8-K where the trust is created with the SEC. And I don't
14:33:25
lender; correct?
14:35:22
want to confuse those two terms because it's very easy to.
14:33:27
10
A.
14:35:27
10
14:33:30
11
Q.
Right.
14:35:30
11
A.
Yes.
14:35:33
12
Q.
14:35:36
13
14:35:40
14
with you?
14:35:41
15
16
14:33:30
12
14:33:31
13
14:33:34
14
14:33:40
15
A.
Q.
A.
14:33:43
16
14:35:45
14:33:45
17
14:35:47
17
14:33:47
18
14:35:49
18
14:33:50
19
14:33:52
20
Q.
14:35:53
19
14:35:54
20
14:33:54
21
14:35:59
21
14:33:59
22
14:36:04
22
Page 186
14:34:03
14:34:05
14:34:06
14:34:07
14:34:07
14:34:08
14:34:09
14:34:11
14:34:14
14:34:17
10
Page 188
14:36:08
14:36:13
14:36:17
separate documents.
14:36:18
BY MR. WOOTEN:
14:36:23
Right.
14:36:28
A.
Yes.
14:36:28
Q.
14:36:34
agreement that forms the trust that owns these assets, and
what the trustee gets his vested rights in the, the notes, and
14:36:39
14:36:44
10
11
Q.
A.
A.
Q.
14:34:19
11
14:36:50
14:34:22
12
14:36:55
12
14:34:25
13
14:36:59
13
14:34:27
14
14:37:02
14
15
Q.
A.
14:34:29
15
14:37:06
14:34:33
16
14:37:11
16
14:34:38
17
14:37:14
17
right?
14:34:41
18
14:37:14
18
14:37:15
19
20
14:34:46
19
14:34:49
20
the SEC filings and that controls the servicing rights between
14:37:18
14:34:54
21
the trust and the servicer, and they typically call that a
14:37:20
21
servicing agreement.
14:37:21
22
BY MR. WOOTEN:
14:34:58
22
Page 191
14:37:22
14:40:10
14:37:31
process was to get the lien into one name so that the
14:40:12
A.
14:37:35
14:40:16
Q.
14:37:40
14:40:21
line once the trust has acquired the assets there might be a
14:37:44
14:40:25
14:37:45
14:40:28
acquiring the asset how did you deal with the situation where
14:37:49
was to remain the mortgagee from the time the loan was
14:40:33
14:37:52
14:40:35
14:37:57
BY MR. WOOTEN:
14:40:40
14:37:58
10
14:40:43
10
14:38:02
11
14:40:48
11
14:38:09
12
14:40:51
12
14:38:15
13
14:40:55
13
14:38:20
14
MERS and then back in to MERS, or would you simply leave that
14:40:57
14
out of MERS.
14:38:28
15
14:40:59
15
14:38:31
16
14:41:04
16
14:38:35
17
14:41:08
17
record?
14:38:38
18
14:41:09
18
A.
14:38:42
19
14:41:11
19
14:38:47
20
14:41:12
20
14:38:53
21
14:41:14
21
14:38:55
22
14:41:15
22
Q.
Q.
A.
Q.
A.
Q.
I don't think I would characterize that -MR. BROCHIN: Object to the form.
THE WITNESS: -- as an opinion.
BY MR. WOOTEN:
Q.
Page 190
Page 192
14:38:59
A.
That's correct.
14:41:16
A.
14:38:59
Q.
14:41:52
Q.
14:39:04
14:41:57
A.
8.
14:39:09
14:41:57
Q.
14:39:14
14:41:57
14:39:18
14:41:57
14:39:21
member in the servicer field and they were responsible for the
14:42:06
14:39:28
14:42:07
A.
-- Exhibit 8.
(Hultman Deposition Exhibit No. 8 was marked for
identification.)
MR. WOOTEN: I don't have any copies of it, Barry.
14:39:32
14:42:07
14:39:36
10
14:42:09
10
14:39:39
11
14:42:13
11
14:39:41
12
14:42:18
12
14:39:43
13
14:42:24
13
A.
Yes.
14:39:45
14
14:42:27
14
Q.
14:39:48
15
that system, or are you just saying that of the deals that
14:42:30
15
14:39:51
16
14:42:32
16
A.
14:39:54
17
way?
14:42:33
17
Q.
14:42:36
18
14:42:37
19
A.
14:42:40
20
Q.
14:42:46
21
MERS?
14:42:46
22
A.
14:39:54
18
14:39:57
19
14:40:01
14:40:04
14:40:06
20
21
22
Q.
A.
A.
Q.
investment in MERS?
at, and I've looked at a lot of them, I've never seen a deal
where there wasn't a servicer dele- -- designated.
Q.
I do.
14:42:48
14:42:48
Q.
14:42:49
A.
14:42:49
Q.
14:42:50
14:42:51
14:42:55
14:42:59
14:42:59
14:43:01
14:43:06
12
14:43:08
13
A.
14:43:11
14
Q.
14:43:14
15
14:43:14
16
14:43:19
17
14:43:21
18
Q.
14:43:26
19
A.
14:43:27
20
Q.
14:43:32
21
1999?
14:43:33
22
A.
Page 195
14:44:28
14:44:31
Huh?
14:44:34
securitizations?
I do.
14:44:35
14:44:36
A.
It was MERS.
14:44:40
Q.
14:44:41
A.
14:44:42
Q.
record?
14:44:44
A.
10
A.
14:44:49
10
Q.
11
Q.
14:44:50
11
A.
14:44:55
12
14:44:55
13
14:44:59
14
14:44:59
15
14:45:04
16
Q.
Residential Funding?
14:45:05
17
A.
14:45:07
18
Q.
14:45:09
19
A.
14:45:15
20
Q.
14:45:17
21
A.
14:45:22
22
Q.
Q.
A.
Yes.
Q.
BY MR. WOOTEN:
Page 194
Page 196
14:43:36
14:45:26
14:43:38
Q.
14:45:30
14:43:42
A.
14:45:34
14:43:47
14:45:37
14:43:52
pools, and I was assuming your question was about the private
14:45:39
14:43:56
14:45:42
securitization group.
14:43:59
Q.
Right.
14:45:47
Q.
14:44:00
A.
Okay.
14:45:52
A.
Q.
14:45:57
14:46:00
10
inadvertent.
A.
A.
14:44:00
14:44:04
10
14:44:04
11
A.
Yes, it is.
14:46:04
11
14:44:04
12
Q.
Because --
14:46:09
12
14:44:04
13
A.
14:46:12
13
14:44:05
14
Q.
14:46:15
14
14:44:08
15
14:46:20
15
14:44:09
16
14:46:25
16
14:44:12
17
14:46:32
17
14:44:14
18
14:46:36
18
14:44:16
19
14:46:40
19
14:44:18
20
14:46:44
20
analyst.
14:44:21
21
14:46:46
21
14:44:25
22
14:46:49
22
anyway; correct?
right?
A.
A.
Q.
And how many meetings did you all have with Moody's
Q.
Page 199
14:49:02
14:49:06
14:49:09
that?
14:49:09
A.
Would I use?
opinion, however you want to term it, was one of the critical
14:49:10
Q.
Or are available.
14:49:11
A.
Or issuers use?
14:47:22
14:49:13
Q.
Issuers.
14:47:29
14:49:14
A.
14:47:31
14:49:17
14:47:34
10
14:49:21
10
14:47:36
11
transactions.
14:49:28
11
14:47:38
12
BY MR. WOOTEN:
14:49:31
12
collateralization.
14:47:38
13
14:49:32
13
Q.
Okay.
14:47:44
14
14:49:33
14
A.
14:47:44
15
14:49:36
15
14:47:45
16
14:49:40
16
14:47:45
17
14:49:43
17
14:47:48
18
14:47:49
19
14:49:45
18
14:49:50
19
14:49:54
20
14:50:01
21
14:50:07
22
defaults, and if there's any money that's not used to pay the
14:46:53
14:46:57
14:47:00
14:47:06
14:47:14
14:47:18
14:47:50
20
14:47:52
21
14:47:52
22
A.
Q.
meetings; right?
Q.
Q.
Page 198
14:47:55
14:47:58
Page 200
14:50:10
14:50:12
2
3
A.
Q.
14:48:00
14:50:15
14:48:03
14:50:20
14:48:04
14:50:21
A.
14:48:07
14:50:26
Q.
Q.
14:48:11
14:50:28
14:48:14
ability?
14:50:32
A.
Yes.
14:48:15
A.
14:50:42
Q.
10
14:48:19
10
14:50:50
14:48:23
11
built into the trust, and into the deal, and one of the things
14:50:53
11
14:48:29
12
14:50:56
12
was to make sure that the fact that MERS loans being in the
14:50:59
13
14
14:48:33
13
14:48:36
14
14:51:02
14:48:40
15
14:51:54
15
14:48:42
16
14:51:55
16
17
Q.
Q.
14:48:47
17
14:51:58
14:48:51
18
14:52:02
18
14:48:55
19
14:52:03
19
A.
14:52:05
20
Q.
Your affidavit --
14:52:06
21
A.
Exhibit 7?
14:52:07
22
Q.
14:48:57
20
14:49:00
21
14:49:01
22
A.
Q.
overcollateralization; right?
A.
Right.
Page 203
14:52:09
A.
14:55:28
legally?
14:52:11
Q.
14:55:29
A.
That's correct.
14:52:14
14:55:31
Q.
14:52:19
14:55:37
14:52:23
14:55:41
14:52:24
14:55:45
14:52:31
14:55:47
14:52:36
14:55:49
14:52:41
14:55:49
14:52:42
10
14:55:51
10
A.
BY MR. WOOTEN:
Q.
14:52:45
11
14:55:55
11
14:52:50
12
14:55:56
12
14:52:54
13
14:55:59
13
14:52:58
14
14:56:13
14
14:53:02
15
foreclosures.
14:56:19
15
14:53:18
16
14:56:26
16
14:53:21
17
14:56:30
17
14:53:23
18
14:56:35
18
mortgage property is the person who has loaned the money for
14:54:05
19
14:56:40
19
that property?
14:54:05
20
14:56:41
20
14:54:09
21
14:56:42
21
14:54:12
22
14:56:43
22
BY MR. WOOTEN:
Q.
A.
the mortgage.
Q.
Page 202
Page 204
14:54:16
A.
Yes.
14:56:46
14:54:17
Q.
14:56:46
14:54:21
14:56:49
14:54:24
14:56:54
14:54:27
14:56:56
14:54:32
14:56:57
14:54:36
14:56:59
14:54:41
14:56:59
A.
BY MR. WOOTEN:
Q.
14:54:43
14:57:01
14:54:49
10
14:57:07
10
14:54:53
11
14:57:08
11
14:57:10
12
13
14:54:57
12
Q.
A.
are the nominee of the mortgage and you hold the mortgagee
interest; correct?
14:55:02
13
14:57:13
14:55:05
14
14:57:16
14
14:55:08
15
14:57:16
15
Q.
14:55:09
16
14:57:18
16
A.
14:55:13
17
14:57:20
17
14:57:24
18
borrower.
14:57:30
19
20
Q.
14:55:15
18
14:55:18
19
14:55:23
20
14:57:33
14:55:25
21
corporation.
14:57:37
21
14:57:40
22
14:55:25
22
A.
Q.
Q.
14:57:40
14:57:43
3
4
Page 207
14:59:52
15:00:08
BY MR. WOOTEN:
15:00:09
15:00:15
Well --
15:00:20
the mortgage?
BY MR. WOOTEN:
Q.
A.
Q.
-- in the mortgage --
15:00:20
A.
15:00:21
15:00:30
Q.
15:00:30
Q.
10
15:00:32
10
A.
11
15:00:37
11
14:57:54
12
15:00:57
12
note.
14:57:54
13
15:00:57
13
14:57:57
14
15:01:00
14
14:58:01
15
15:01:06
15
14:58:07
16
than MERS?
15:01:09
16
14:58:08
17
15:01:14
17
14:58:13
18
15:01:19
18
14:58:17
19
14:58:19
20
14:58:23
21
14:58:28
22
I didn't hear --
BY MR. WOOTEN:
Q.
A.
Q.
15:01:21
19
15:01:26
20
15:01:27
21
Q.
Do you know?
15:01:27
22
A.
Me personally? No.
Q.
A.
Page 206
14:58:30
14:58:31
14:58:31
14:58:31
14:58:33
15:01:29
15:01:32
Huh?
15:01:35
15:01:39
15:01:41
15:01:45
15:01:50
15:01:54
15:01:57
the system.
15:02:38
10
15:02:43
11
15:02:50
12
note?
15:02:50
13
15:02:54
14
15:02:56
15
question.
15:02:56
16
BY MR. WOOTEN:
15:02:56
17
15:03:00
18
14:58:37
14:58:43
14:58:47
14:58:48
14:58:50
10
14:58:54
11
14:58:57
12
entity was at that time, and there was a mortgage lien granted
14:59:02
14:59:10
13
14
Page 208
Q.
A.
Q.
14:59:12
15
14:59:23
16
14:59:29
17
14:59:37
18
correct?
15:03:07
19
14:59:37
19
15:03:07
20
14:59:40
20
15:03:12
21
15:03:12
22
Q.
14:59:45
21
14:59:48
22
Q.
Page 211
15:03:14
15:06:37
15:03:18
15:06:40
15:03:22
15:06:44
15:03:26
interest there.
15:06:46
BY MR. WOOTEN:
15:06:51
15:06:57
15:07:02
A.
No.
15:07:06
Q.
15:07:09
15:07:14
10
15:07:19
11
A.
No.
15:07:23
12
Q.
13
15:03:33
15:03:34
Q.
15:03:38
thing?
15:03:38
A.
15:03:39
15:03:44
10
15:03:45
11
15:03:48
12
Q.
loans? No.
Q.
15:04:21
13
15:07:27
15:04:25
14
15:07:33
14
15:04:29
15
as a nominee?
15:04:31
16
15:04:32
17
15:04:44
18
15:04:51
19
15:04:52
20
15:05:01
21
15:05:06
22
Q.
15:07:37
15
No.
15:07:42
16
15:07:44
17
15:07:49
18
nominee?
15:07:54
19
BY MR. WOOTEN:
No.
15:07:55
20
15:07:59
21
15:08:02
22
indebtedness; correct?
A.
Q.
A.
Q.
Q.
Page 210
15:05:10
15:05:11
15:05:16
15:05:16
Q.
15:05:17
A.
15:05:20
15:05:26
15:05:26
15:05:38
15:05:44
10
15:05:45
11
15:05:49
12
15:06:05
13
15:06:09
14
15:06:11
15
15:06:11
16
15:06:15
15:06:20
17
18
Page 212
15:08:03
15:08:05
15:08:18
15:08:19
15:08:23
15:08:26
indebtedness.
15:08:30
A.
15:08:32
Q.
15:08:38
A.
Excuse me.
15:08:39
10
Q.
15:08:45
11
15:08:48
12
system?
15:08:51
13
15:08:56
14
15:09:01
15
15:09:06
16
15:09:08
17
15:09:13
18
15:09:17
19
the lender?
15:09:18
20
15:09:22
21
15:09:23
22
statements?
MR. BROCHIN: Objection; asked and answered.
BY MR. WOOTEN:
Q.
A.
BY MR. WOOTEN:
Q.
15:06:25
19
15:06:29
20
statements or reports?
15:06:30
21
A.
15:06:34
22
Q.
Q.
A.
as mortgagee, yes.
Q.
15:09:33
15:09:37
15:09:41
15:10:05
15:10:08
Page 215
15:13:12
15:13:15
15:13:21
15:13:24
15:13:27
15:13:27
15:10:14
15:13:37
15:10:19
15:13:37
15:10:21
15:13:42
15:13:48
10
15:13:48
11
A.
15:13:49
12
Q.
15:13:53
13
A.
Yes.
Q.
15:10:23
10
15:10:25
11
15:10:26
15:10:26
12
13
BY MR. WOOTEN:
Q.
Q.
A.
Yes.
MR. WOOTEN: Did you want to make -MR. BROCHIN: I did. Objection; asked and answered.
BY MR. WOOTEN:
Q.
15:10:30
14
15:10:35
15
15:13:53
14
15:10:40
16
15:13:58
15
15:10:43
17
15:14:02
16
15:10:48
18
15:14:03
17
15:10:53
19
15:14:06
18
15:11:00
20
15:14:06
19
BY MR. WOOTEN:
15:11:04
21
15:14:09
20
15:11:08
22
that regard.
15:14:12
21
15:14:15
22
A.
is physically located?
MR. RAGSDALE: Object to the form.
THE WITNESS: I can't say we've never gotten a note
Q.
Page 214
15:11:10
15:11:14
15:11:16
A.
15:11:19
Q.
15:11:22
15:11:25
15:11:29
15:11:31
15:11:33
15:11:36
10
A.
Correct.
15:12:21
11
Q.
15:12:25
12
15:12:29
13
15:12:32
14
15:12:34
15
15:12:43
16
15:12:46
17
15:12:47
18
15:12:49
Page 216
15:14:16
15:14:18
That's correct.
15:14:20
15:14:23
15:14:31
BY MR. WOOTEN:
15:14:31
15:14:34
the note being the person entitled to go get the note out of
15:14:37
15:14:43
15:14:46
10
15:14:50
11
of the note?
15:14:51
12
15:14:54
13
15:14:58
14
before said that being the holder of the note was equivalent
15:15:01
15
15:15:04
16
out of the vault. I mean would you agree with that concept?
15:15:07
17
15:15:10
18
19
couple things I need to make sure are clear since he's the
15:15:11
19
15:12:52
20
15:15:15
20
15:12:55
21
15:15:19
21
started we'll say you're the holder even though you never
15:13:12
22
BY MR. WOOTEN:
15:15:23
22
Q.
mortgagee.
Q.
principal?
Q.
A.
Q.
A.
applicable.
Q.
Page 219
15:15:24
15:19:06
15:15:28
that way. What I, what I think the position that Fannie and
15:19:11
15:15:32
15:19:15
15:15:36
MERS, then the custodian now is holding that note for the
15:19:17
15:15:39
15:19:18
BY MR. WOOTEN:
15:15:44
15:19:18
Q.
15:15:48
15:19:25
A.
15:15:52
15:19:31
15:15:56
15:19:43
15:16:03
10
15:19:46
10
15:16:05
11
15:16:08
12
15:19:53
11
15:19:58
12
15:20:01
13
15:20:05
14
15:20:08
15
15:20:12
16
15:20:19
17
15:20:23
18
15:20:27
19
15:20:35
20
A.
No.
15:20:35
21
Q.
15:20:38
22
15:16:12
15:16:14
15:16:21
15:16:26
13
14
15
16
A.
Q.
Q.
15:16:30
17
15:16:36
18
name?
15:16:36
19
A.
15:16:39
20
15:17:10
21
15:17:15
22
override us.
Q.
Q.
Page 218
Page 220
15:17:16
15:20:43
15:17:21
15:20:46
A.
It can be.
15:17:29
our behalf.
15:20:48
Q.
15:17:30
15:20:53
15:17:32
15:20:56
these mortgages?
15:17:33
15:20:57
15:17:36
15:21:02
15:17:38
15:21:10
15:17:42
15:21:13
15:17:45
10
15:21:18
10
15:17:50
11
15:21:22
11
15:18:03
12
15:21:28
12
15:18:08
13
15:21:32
13
15:18:19
14
15:21:35
14
15:21:39
15
system.
15:21:39
16
15:21:43
17
15:21:50
18
15:21:54
19
15:21:58
20
15:22:03
21
15:22:06
22
15:18:23
15
15:18:23
16
15:18:26
17
A.
Q.
better characterization.
Q.
A.
Q.
18
15:18:35
19
20
A.
on its system?
15:18:31
15:18:39
A.
15:18:42
21
15:18:45
22
no.
Q.
A.
Q.
Page 223
15:22:11
15:26:10
15:22:14
15:35:06
15:22:16
A.
15:35:06
15:22:20
Q.
15:35:21
15:22:26
15:35:22
15:22:31
system?
15:35:27
15:22:32
A.
15:35:31
15:22:36
Q.
15:35:39
15:22:40
A.
15:35:42
15:22:42
10
15:35:45
10
15:22:49
11
15:35:45
11
15:22:54
12
15:35:47
12
15:22:57
13
15:35:47
13
15:23:01
14
15:35:51
14
15:23:05
15
the MERS eRegistry that have mortgages that are not registered
15:35:55
15
15:23:10
16
15:36:01
16
A.
15:23:42
17
15:36:03
17
Q.
15:23:45
18
15:36:10
18
A.
I'm sorry?
15:23:50
19
15:36:11
19
Q.
15:23:57
20
15:36:16
20
15:24:01
21
system?
15:36:19
21
correct?
15:24:01
22
A.
15:36:19
22
A.
Q.
A.
Q.
There is not.
A.
Yes.
Page 222
Page 224
15:24:03
Q.
15:36:22
15:24:07
A.
15:36:22
15:24:11
15:36:26
15:24:17
15:36:39
15:24:23
15:36:44
15:24:26
15:36:45
A.
That's correct.
15:24:30
15:36:47
Q.
15:24:34
15:36:52
15:36:55
15:36:57
10
15:37:00
11
15:37:04
12
15:37:10
13
15:37:22
14
the rules.
15:37:22
15
15:24:36
15:24:40
10
15:24:45
11
Q.
12
13
A.
No, it is not.
15:24:58
14
Q.
15:25:06
16
A.
15:24:56
15
Q.
15:24:53
15:25:02
A.
Q.
15:25:10
17
15:37:25
16
15:25:16
18
15:37:29
17
15:25:18
19
Q.
Okay.
15:37:31
18
A.
Exhibit 3.
15:26:06
20
A.
15:37:33
19
Q.
15:26:06
21
water.
15:37:37
20
15:26:09
22
Q.
15:37:56
21
15:38:09
22
Sure.
Page 227
15:39:17
15:45:02
A.
15:39:21
15:45:03
Q.
15:39:25
notes; correct?
15:45:05
A.
15:39:27
A.
I'm sorry?
15:45:09
15:39:28
Q.
15:45:11
Q.
15:39:32
15:45:14
A.
15:39:39
15:45:21
15:39:44
15:45:26
15:39:48
15:45:26
15:39:51
10
15:45:26
10
identification.)
15:45:26
11
BY MR. WOOTEN:
15:45:59
12
15:46:02
13
15:46:08
14
15:46:16
15
15:46:22
16
15:46:27
17
mortgages?
15:46:27
18
15:46:30
19
15:46:31
20
15:46:33
21
assignment preparation.
15:46:34
22
BY MR. WOOTEN:
15:39:55
15:40:16
15:40:21
11
12
13
15:40:24
14
15:40:26
15
15:40:30
16
15:40:35
17
15:40:39
18
15:42:23
19
15:42:27
20
15:42:27
21
15:42:36
22
Q.
A.
Yes.
Q.
10.
(Deposition Exhibit No. 10 was marked for
identification.)
Q.
Page 226
15:42:36
15:42:36
15:42:39
15:42:49
15:43:29
15:43:31
A.
15:43:41
Q.
15:43:46
15:43:47
A.
15:43:51
10
Q.
Page 228
15:46:34
15:46:38
15:46:43
and ask you to take a minute and look over that document.
15:46:47
A.
15:46:49
Q.
Please.
No.
15:46:49
A.
15:46:52
15:46:56
15:46:59
15:47:03
10
15:47:07
11
BY MR. WOOTEN:
Q.
document?
Q.
15:43:58
11
15:44:02
12
15:47:13
12
15:44:09
13
15:47:35
13
15:44:15
14
Q.
15:47:41
14
15:44:20
15
A.
15:47:43
15
A.
15:47:47
16
officer.
15:47:48
17
Q.
18
A.
yes.
15:44:32
16
15:44:37
17
15:44:42
18
15:44:47
19
A.
Q.
15:47:50
15:47:52
19
20
A.
15:44:51
20
15:48:06
15:44:56
21
verifying that.
15:48:09
21
15:44:58
22
15:48:11
22
Q.
11.
Is MERS' address 3815 Southwest Temple, Salt Lake
City, Utah, 84115?
Q.
Page 231
15:48:18
Q.
15:51:27
15:48:23
A.
15:51:29
15:48:29
what the status of the note was without looking at the system
15:51:31
15:48:33
records.
15:51:31
BY MR. WOOTEN:
15:48:34
Q.
15:51:31
Q.
15:48:38
A.
15:51:31
A.
15:48:52
Q.
15:51:31
Q.
15:51:35
A.
15:51:38
Q.
A.
15:48:56
15:48:59
15:49:01
10
15:51:39
10
15:49:04
11
mean.
15:51:42
11
15:49:05
12
BY MR. WOOTEN:
15:51:45
12
15:51:50
13
15:51:52
14
15:51:56
15
15:51:58
16
15:52:00
17
15:52:02
18
15:52:06
19
15:52:09
20
15:52:12
21
15:52:14
22
15:49:07
13
15:49:13
14
15:49:16
15
15:49:18
17
15:49:21
18
15:49:24
Q.
19
20
16
15:49:20
15:49:24
proposition you cannot assign what you don't own, can you?
15:49:27
21
Q.
Sure.
15:49:28
22
A.
But --
Q.
Page 230
Page 232
15:50:20
15:52:18
are?
15:50:24
15:52:18
A.
Sure.
15:50:33
15:52:38
Q.
15:50:41
15:52:51
the 1st of 2007 that that particular note had been sold four
15:50:46
15:52:58
times and that RESMA was not the owner of the note, nor was
15:53:05
SPS, nor was MERS, could SPS transfer the note by executing
15:53:19
15:53:21
15:53:23
15:53:24
10
15:53:26
11
15:53:27
12
15:53:29
13
15:53:30
14
15:53:31
15
15:53:33
16
15:53:35
17
BY MR. WOOTEN:
15:53:35
18
15:53:39
19
15:53:47
20
mortgage had been sold four times between four other entities,
15:53:56
21
15:54:02
22
2008, the mortgage note having been sold in 2007 by some other
15:50:47
15:50:48
6
7
15:50:48
15:50:49
15:50:52
10
15:50:56
11
15:50:57
12
15:50:57
15:51:01
15:51:05
Q.
13
14
15
BY MR. WOOTEN:
Q.
15:51:10
16
15:51:12
17
15:51:15
18
15:51:17
19
15:51:20
20
15:51:25
21
15:51:27
22
further investigation.
Q.
A.
Q.
No.
Page 235
15:54:11
15:56:36
15:54:16
15:56:39
15:54:19
15:56:41
15:54:20
15:56:43
characterization.
15:54:23
15:56:44
BY MR. WOOTEN:
15:56:45
6
7
15:54:23
hypothetical.
Q.
Q.
15:54:25
15:56:49
15:54:28
question.
15:56:54
15:56:57
15:57:01
10
15:57:04
11
15:57:06
12
15:57:07
13
15:57:08
14
15:57:09
15
15:57:09
16
Q.
15:57:10
17
A.
15:57:12
18
heard.
15:57:12
19
15:57:15
20
15:57:20
21
15:57:24
22
15:54:30
15:54:31
10
15:54:35
11
15:54:41
15:54:46
15:54:52
12
13
14
15:54:56
15
15:54:57
16
BY MR. WOOTEN:
Q.
15:54:59
17
15:55:00
18
15:55:03
19
15:55:06
20
15:55:06
21
15:55:09
22
Q.
Page 234
Page 236
15:55:13
15:57:26
A.
15:55:17
15:57:27
Q.
15:55:21
foreclose?
15:57:29
15:55:22
A.
I have no idea.
15:57:34
15:55:25
Q.
15:57:37
15:55:28
15:57:38
15:55:30
15:57:40
15:55:34
15:57:42
15:55:53
15:57:43
not the holder and does not own the promissory note and is not
15:55:57
10
15:57:47
10
15:56:01
11
15:57:52
11
15:56:03
12
15:57:59
12
15:56:05
13
15:58:01
13
15:56:06
14
15:58:03
14
15:56:06
15
15:58:05
15
15:56:10
16
15:58:06
16
15:58:11
17
15:58:14
18
15:58:18
19
15:58:22
20
15:58:26
21
15:58:27
22
A.
BY MR. WOOTEN:
Q.
15:56:14
17
A.
15:56:20
18
Q.
15:56:28
19
15:56:32
15:56:35
15:56:36
20
21
22
Page 239
15:58:29
16:00:56
15:58:31
16:00:56
15:58:35
16:00:58
15:58:41
16:00:59
it, and I'm glad that you have it, and I hope you get to make
15:58:45
16:01:00
it again, but let's do this. Let's stop here for a second and
16:01:04
16:01:07
16:01:09
16:05:26
16:05:26
10
16:05:37
11
16:05:39
12
16:05:42
13
16:05:44
14
16:05:48
15
16:05:52
16
16:05:58
17
16:06:00
18
16:06:03
19
15:58:47
15:58:50
15:58:53
15:58:55
15:58:58
15:59:02
6
7
8
9
10
11
15:59:05
12
15:59:11
13
15:59:20
14
15:59:22
15
15:59:26
16
15:59:27
17
15:59:30
18
15:59:30
19
16:06:07
20
15:59:30
20
16:06:10
21
protective order.
15:59:31
21
16:06:12
22
15:59:31
22
Page 238
Page 240
15:59:35
16:06:13
15:59:38
16:06:18
15:59:42
16:06:22
15:59:46
16:06:22
15:59:50
16:07:16
15:59:56
16:07:16
BY MR. WOOTEN:
16:00:04
16:07:16
16:00:07
case, go ahead and ask them, but if not, I think we're done.
16:07:20
16:00:11
16:00:12
10
16:00:15
11
the last deposition and you just entered the case. Miss
16:00:18
12
16:00:21
13
and when your client started foreclosure on it, they did not
16:00:24
16:00:28
16:00:32
16:00:36
14
15
16
17
18
19
16:00:52
16:00:54
21
22
16:07:25
A.
Is that a question?
16:07:27
10
Q.
16:07:30
11
system?
16:07:31
12
A.
I have.
16:07:33
13
Q.
16:07:36
14
16:07:38
15
16:07:42
16
16:07:45
17
me say since the loan was registered it hasn't been taken off
16:07:51
18
16:07:55
19
16:07:59
20
16:08:03
21
16:08:08
22
16:00:45
20
Q.
16:00:41
16:00:49
A.
Q.
Page 243
16:08:19
16:11:35
16:08:26
number. It's the black box on the second page outlined with a
16:11:39
16:08:33
black sharpie?
16:11:44
A.
Yes.
16:08:37
A.
16:11:45
Q.
16:08:41
Q.
16:11:49
16:08:46
A.
Yes.
16:11:52
to the transferee?
16:08:47
Q.
16:11:54
A.
No.
16:08:50
number, and the search result was that no MINS can be located
16:12:09
Q.
16:08:56
that match the search criteria entered. Would the MIN also be
16:09:02
10
16:09:05
11
16:09:09
12
16:09:13
13
16:09:24
14
10
A.
16:12:26
11
Q.
16:12:30
12
A.
16:12:32
13
Q.
Yeah.
16:12:33
14
A.
16:12:34
15
16:12:37
16
15
16:09:34
16
17
16:12:21
16:09:30
16:09:35
16:12:12
A.
16:09:53
18
16:12:40
17
16:10:00
19
16:12:44
18
A.
16:10:05
20
16:12:44
19
Q.
16:10:06
21
16:12:48
20
A.
Yeah.
16:10:10
22
16:12:49
21
Q.
16:12:53
22
A.
Yes.
Q.
A.
transferee; right?
Yeah.
Page 242
16:10:15
16:10:19
16:10:21
Q.
Page 244
16:12:53
Q.
16:12:58
A.
Okay.
16:12:59
Q.
16:13:02
A.
16:13:04
Q.
A.
I would agree.
Q.
16:10:25
16:10:28
16:10:33
16:13:07
16:10:37
loan?
16:13:08
16:13:12
16:13:16
16:13:21
10
A.
16:13:23
11
Q.
16:13:28
12
16:13:34
13
16:13:35
14
16:13:37
15
16:13:38
16
16:13:39
17
16:13:40
18
16:13:44
19
16:13:47
20
16:13:51
21
A.
That's correct.
16:13:54
22
Q.
initiations.
Q.
16:10:38
A.
16:10:39
Q.
16:10:42
16:10:43
10
11
16:10:45
12
16:10:48
13
16:10:50
16:10:54
16:10:57
14
15
16
16:11:01
17
16:11:04
18
A.
Q.
I'm sorry?
And you wouldn't have access to that information
A.
16:11:12
20
truthful information.
16:11:27
21
Q.
Q.
19
22
BY MR. WOOTEN:
16:11:09
16:11:31
Page 247
16:13:57
16:16:58
A.
16:14:01
16:16:59
Q.
I skipped 13 then.
16:14:05
16:17:00
A.
That's 13.
16:14:09
16:17:01
Q.
13. I'm sorry. I did skip 14. Let me show you 15,
16:14:12
16:17:14
16:14:15
see that there are issues that things were not done according
16:17:18
16:14:22
16:14:25
16:17:24
16:17:26
16:14:29
16:14:30
10
16:14:31
16:14:33
11
12
is yes.
BY MR. WOOTEN:
Q.
16:14:37
13
16:14:40
14
16:14:41
15
16:14:44
16
16:14:47
17
16:14:50
18
16:14:53
19
16:14:58
20
borrower calls us up. I would say more often than not it's
16:15:02
16:15:05
21
22
A.
A.
That's 12.
16:17:29
16:17:29
10
16:17:37
11
16:17:37
12
16:17:38
13
16:17:40
14
16:17:40
15
16:17:42
16
16:17:45
17
16:17:47
18
A.
That's correct.
16:17:47
19
Q.
16:17:50
20
16:17:53
21
16:17:57
22
the pool number field on the MERS system for MINS involved.
A.
Page 246
Page 248
16:15:34
16:18:04
16:15:40
16:18:08
16:15:44
16:18:09
16:15:47
A.
16:18:13
16:15:51
Q.
16:18:15
16:15:54
16:18:18
16:16:03
16:18:18
16:16:07
16:18:22
16:16:11
16:16:14
10
16:18:23
16:16:20
11
16:18:24
10
16:18:31
11
16:18:34
12
16:18:35
13
16:18:42
14
16:18:44
15
A.
16:18:45
16
Q.
16:18:49
17
A.
16:16:24
12
16:16:24
13
16:16:24
14
16:16:43
15
16:16:43
16
16:16:46
17
16:16:50
18
Q.
15, please.
A.
Okay.
Q.
mortgage, yes.
Q.
Yes.
Q.
And that entry says that the servicer must enter the
Q.
16:16:51
19
16:18:49
18
16:16:52
20
16:19:10
19
16:19:10
20
16:19:14
21
16:19:19
22
16:16:56
21
16:16:56
22
BY MR. WOOTEN:
Q.
Page 251
16:19:22
A.
16:22:05
16:19:24
Q.
16:22:10
16:19:28
servicer?
16:19:28
16:19:30
16:19:36
16:19:40
16:19:42
A.
Yes.
16:19:43
Q.
16:19:49
10
16:19:49
11
16:19:54
12
16:20:05
13
16:20:13
14
16:20:17
16:20:21
Q.
16:22:16
16:22:17
16:22:19
16:22:31
16:22:38
16:22:40
A.
16:22:43
Q.
16:22:47
10
16:22:51
11
16:22:55
12
officer?
16:22:56
13
16:22:59
14
15
16:23:10
15
16
16:23:16
16
16:20:25
17
16:20:29
18
16:20:31
19
16:20:33
20
16:20:34
21
16:20:34
22
aren't you?
A.
Q.
be?
A.
16:23:22
17
16:23:23
18
16:23:26
19
question.
16:23:29
20
BY MR. WOOTEN:
16:23:34
21
16:23:38
22
Q.
A.
Q.
A.
A.
Page 250
Page 252
16:20:38
16:23:46
16:20:43
correct?
16:23:56
16:20:43
16:24:02
16:20:46
16:24:07
Henderson's loan?
16:20:49
16:24:08
16:20:52
BY MR. WOOTEN:
16:24:09
16:20:53
16:24:12
16:20:58
16:24:16
Q.
16:21:02
16:21:09
10
16:21:14
11
16:21:18
12
16:21:23
13
16:21:27
14
16:21:42
15
16:21:49
16
16:21:53
17
16:21:54
18
16:21:56
19
16:21:57
20
Q.
16:22:00
21
A.
16:22:03
22
the process.
Q.
A.
16:24:17
16:24:20
10
16:24:41
11
BY MR. WOOTEN:
16:24:41
12
pleadings, and I'm assuming that it was also given to the MERS
16:24:45
13
16:24:47
14
A.
16:24:52
15
Q.
16:24:59
16
MERS?
16:25:03
17
guarantee?
16:25:04
18
A.
16:26:04
19
Q.
Yes.
16:26:09
20
16:26:13
21
16:26:15
22
A.
Q.
Q.
Q.
A.
Page 255
16:26:19
16:29:49
16:26:24
16:29:51
16:26:27
16:29:52
A.
16:26:33
16:29:54
Q.
A.
I do not.
Q.
Q.
Q.
Minnesota?
I skimmed through it.
16:26:37
16:29:55
16:26:40
default?
16:30:00
16:30:06
16:30:11
16:30:13
without assignments?
16:30:15
10
16:30:16
11
16:30:18
12
16:30:21
13
16:31:18
14
lien.
16:31:18
15
16:31:36
16
identification.)
16:31:36
17
BY MR. WOOTEN:
16:31:37
18
16:31:39
19
16:26:41
16:26:46
16:27:00
16:27:04
16:27:08
16:27:14
9
10
11
12
A.
16:27:19
13
16:27:25
14
16:27:31
15
16:27:36
16
16:27:40
17
had no delinquency?
16:27:43
18
A.
Q.
16:27:50
19
16:31:43
20
A.
Yes.
16:27:54
20
16:31:53
21
Q.
16:27:59
21
16:31:58
22
16:28:03
22
Q.
Page 254
Page 256
16:28:08
16:31:59
A.
16:28:11
16:32:01
Q.
16:28:13
16:32:03
A.
16:28:41
16:32:06
Q.
16:28:45
16:32:12
16:28:46
16:32:17
16:28:48
16:32:20
16:28:48
Q.
LPS or Fidelity?
16:33:07
16:28:51
A.
I don't recall.
16:34:09
16:29:01
10
Q.
16:34:12
10
16:29:06
11
16:34:16
11
16:29:16
12
16:34:21
12
16:29:25
13
16:34:21
13
16:29:29
14
16:34:25
14
16:29:33
15
16:34:32
15
16:29:36
16
16:34:35
16
16:29:38
17
16:34:38
17
16:34:41
18
16:34:44
19
16:34:45
20
A.
I cannot.
16:34:46
21
Q.
16:34:51
22
16:29:44
18
16:29:44
19
A.
Q.
Henderson's loan?
MR. RAGSDALE: They being LPS?
BY MR. WOOTEN:
20
16:29:47
21
22
A.
A.
No.
Q.
A.
16:29:46
16:29:49
BY MR. WOOTEN:
16:34:57
16:35:32
16:35:35
16:35:41
16:35:42
16:35:42
16:35:45
16:35:46
Page 259
16:38:15
A.
16:38:17
Q.
16:38:19
16:38:22
16:38:32
16:38:36
16:38:39
16:38:41
16:38:44
16:35:49
10
16:38:44
10
16:35:51
11
or not.
16:38:44
11
16:35:52
12
BY MR. WOOTEN:
16:38:44
12
BY MR. WOOTEN:
16:35:52
13
16:38:47
13
16:35:55
14
16:38:50
14
16:35:58
15
A.
16:38:53
15
mortgage servicer?
16:36:20
16
Q.
16:38:54
16
16:36:23
17
16:38:55
17
16:36:29
18
16:38:57
18
16:38:59
19
16:39:02
20
BY MR. WOOTEN:
16:39:03
21
16:39:06
22
16:36:33
19
16:36:35
20
16:36:40
16:36:45
21
22
A.
Q.
verify that by any of the records that you had access to?
A.
Q.
Q.
Q.
Page 258
Page 260
16:37:04
16:39:08
A.
Correct.
16:37:07
16:39:09
Q.
Not MERS?
16:37:11
16:39:10
A.
Correct.
16:37:14
16:39:11
Q.
16:37:25
16:39:14
A.
16:37:28
16:39:18
16:37:33
16:39:22
16:37:35
16:39:26
16:39:29
16:39:30
10
16:39:34
11
16:37:37
16:37:37
10
16:37:40
11
Q.
16:37:43
12
16:37:46
13
16:39:35
12
A.
No.
Q.
foreclosure action?
A.
16:37:51
14
16:39:39
13
16:37:54
15
1st, 2008.
16:39:39
14
16:37:56
16
16:39:43
15
16:37:59
17
16:39:44
16
A.
I do not.
16:38:06
18
16:39:45
17
Q.
16:38:08
19
of $696.93.
16:39:47
18
16:38:08
20
BY MR. WOOTEN:
16:39:50
19
16:38:11
21
16:39:52
20
16:38:13
22
16:39:56
21
it.
16:39:56
22
Q.
past due?
did.
Q.
Q.
Page 263
16:39:57
A.
16:47:17
16:40:00
Q.
16:47:21
16:40:04
16:47:27
16:40:09
16:47:30
know it's kind of toward the end of the day, but I mean what
16:40:57
16:47:34
16:41:01
16:47:38
16:41:04
16:47:41
16:41:04
16:47:43
16:47:47
described to us.
16:47:48
10
Q.
16:47:51
11
A.
16:47:54
12
16:47:58
13
16:48:02
14
set up.
16:41:07
16:41:11
10
16:45:27
11
16:45:27
12
16:45:31
13
16:45:34
14
done. I just want to -THE VIDEOGRAPHER: This marks the end of tape number
three in the 30(b)(6) deposition of William C. Hultman. Going
Q.
A.
16:45:37
15
16:45:40
16
16:48:05
15
16:45:46
17
16:48:10
16
16:45:49
18
Henderson.
16:45:49
19
A.
16:45:52
20
16:45:56
21
16:46:00
22
BY MR. WOOTEN:
Q.
Q.
16:48:15
17
16:48:20
18
Q.
16:48:23
19
acceleration notice and the, the notice of sale was, was, MERS
A.
16:48:30
20
16:48:37
21
Q.
16:48:41
22
A.
A.
Page 262
Page 264
16:46:05
16:48:45
Q.
16:46:09
16:48:49
A.
About what?
16:46:12
16:48:50
Q.
The foreclosure.
16:46:16
16:48:52
A.
16:46:19
jurisdictions where they have decided that they would opt out
16:48:54
16:48:57
processes and procedures they've done before and they know how
16:49:01
to do that.
16:49:05
16:49:09
16:49:12
10
16:49:16
11
16:46:23
16:46:28
16:46:32
6
7
8
Q.
16:46:36
16:46:37
10
16:46:42
11
16:49:18
12
16:46:45
12
16:49:22
13
16:46:49
13
16:49:25
14
16:46:55
14
16:49:30
15
inside the servicing system that this thing has gone into
16:47:00
15
processing.
16:49:35
16
16:47:02
16
16:49:38
17
16:47:06
17
16:49:41
18
16:47:07
18
16:49:45
19
16:49:54
20
16:49:58
21
16:50:04
22
16:47:08
19
16:47:11
20
16:47:11
21
16:47:13
22
Q.
I mean -A.
Q.
you're discussing.
A.
Q.
16:50:12
16:50:23
16:50:28
16:50:31
16:50:34
16:50:34
16:50:34
16:50:37
Q.
16:50:39
10
16:50:47
11
16:50:52
12
16:50:56
13
16:50:56
14
A.
16:50:58
15
Q.
16:51:08
16
16:52:20
16:52:22
16:52:24
A.
16:52:25
Q.
16:52:31
You don't have any idea whether or not they require that once
16:52:35
not.
16:52:40
BY MR. WOOTEN:
16:52:42
you?
16:52:42
A.
A.
16:52:44
10
Q.
16:52:49
11
16:52:55
12
16:52:59
13
securitization?
16:53:00
14
16:53:02
15
16:53:06
16
16:53:10
17
right? I mean --
16:53:12
18
16:53:14
19
16:53:15
20
16:53:18
21
16:53:19
22
A.
And at that point has MERS not been paid any money
16:51:12
17
16:51:16
18
16:51:18
19
16:51:19
16:51:21
16:51:23
20
21
22
Page 267
Q.
A.
Q.
A.
characterization either.
Q.
endorsed in blank?
BY MR. WOOTEN:
Page 266
Page 268
16:51:23
Q.
Yeah.
16:53:23
16:51:23
A.
It was.
16:53:26
16:51:24
16:53:30
16:51:29
which securitization with Ginnie Mae that this loan was sold
16:53:33
judge, we've got this note and it's endorsed in blank, you're
into; correct?
16:53:36
telling the judge you have the right to enforce it; right?
16:53:39
16:53:42
rights, like if you sold that note, you would not have the
16:53:44
16:53:47
16:53:50
10
16:53:54
11
for value to another party and whether that sale required that
16:53:59
12
16:54:02
13
16:54:06
14
16:54:10
15
16:54:11
16
16:51:35
Q.
16:51:36
16:51:38
16:51:41
16:51:45
A.
A.
Q.
16:51:47
10
16:51:51
11
16:51:52
12
16:51:55
13
16:51:57
14
16:52:01
15
16:52:06
16
16:54:12
17
16:52:09
17
you?
16:54:14
18
characterization.
16:52:09
18
A.
Actually I do.
16:54:16
19
BY MR. WOOTEN:
16:52:10
19
Q.
16:54:17
20
16:52:12
20
A.
16:54:21
21
16:52:15
21
16:54:24
22
16:52:20
22
in blank.
Q.
Q.
Page 271
16:54:28
16:54:32
16:54:35
out?
16:54:35
A.
16:54:37
16:54:38
16:54:40
16:54:43
BY MR. WOOTEN:
16:54:43
Q.
have read and examined the foregoing testimony, and the same
10
16:54:48
11
16:54:51
12
16:54:59
13
16:55:04
14
know that you all probably are going to have a problem with
16:55:07
15
16:55:10
16
we can, but I don't want to drag you out here, and both of us
16:55:14
17
16:55:20
18
16:55:22
19
11
(DATE)
(SIGNATURE)
13
14
15
16
17
18
19
20
16:55:24
21
22
9
10
12
16:55:24
16:55:24
16:54:45
A.
***
ACKNOWLEDGMENT OF DEPONENT
20
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17:08:40
17:08:47
5:10 p.m.)
10
11
12
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16
17
18
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20
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10
11
12
13
14
15
16
17
18
19
20
21
22
22
ERRATA SHEET
RETURN BY:
=============================
PAGE
LINE
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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(DATE)
(SIGNATURE)
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Page 274
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ERRATA SHEET
RETURN BY:
=============================
PAGE
LINE
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
(DATE)
(SIGNATURE)
acquisitions
15:19 16:1
act
12:22 13:2 27:19 32:6,10
44:1 50:21 74:13,17,22
76:13 81:2,19 82:3
92:21 97:3 120:12
175:2
acting
31:14,21 44:22 46:22
225:7 234:18 236:2,3
254:13
action
5:16 8:4 49:5 64:4 66:4
115:8,14 120:16,16
142:3 157:21 161:15
162:4 260:8,11
actions
15:12 49:11 106:8 118:1,2
122:2 217:17,22 244:22
245:8
active
26:3 42:18 43:4
actively
11:6
activities
124:2 146:13,14 147:2,4
148:8 149:9,11,18 152:8
activity
146:1,2 151:2
acts
12:22 74:16 106:15,17
146:19,21
actual
89:3 99:17 101:21 176:13
189:17 217:16 220:4
242:6 267:4 268:9
add
30:17
addition
21:11 28:19
additional
198:14 199:8 201:8
additions
25:22 26:1
address
47:3 228:13,15,17 231:18
231:21
addresses
19:21 180:5
adjourned
270:1
adjourning
237:2
administrating
212:17
administration
144:7
administrative
13:15 214:4
advance
171:8 218:1
advanced
218:8
advice
149:10
advisable
127:16
advocated
255:6
affidavit
5:15 22:3 23:3 135:16,19
135:20 136:7,18 137:12
151:10 156:5 158:8
161:18 162:19 163:14,20
164:8,10,10,22 171:4
182:17 183:7 200:16,19
200:20 253:7
affidavits
21:18,20 22:1,5,9,10,17,22
93:13 135:9,10,11,15
136:5 137:6 138:10
151:12,19 152:11,16
155:4,5,9,12,14,15,19,21
156:2,9,20 157:3 158:15
164:1,8 201:3
affiliate
195:12,17 252:9
affiliation
192:17
affirming
141:19
agencies
35:1 198:12
agency
43:20 51:7,10 73:4,5
75:10 194:4,6,14 203:10
agent
17:7 31:14,21,22 32:3
44:14 51:4 54:2 59:17
60:18 61:21 71:19 74:13
74:14,16,17,22 75:1,10
75:19 76:14 234:18
236:10
aggregate
173:2
aggregating
171:15 172:22
aggregator
188:15 189:20 190:3
ago
55:20 64:7 77:10 90:3
185:18 196:2
agree
16:9 22:4 49:15 55:14
56:19 58:1,5,20 59:2
67:13,17 68:7 69:12
70:7 83:4 87:3,22
88:4,14,15,20 90:5,9
93:2 99:5 100:16,19
107:3 109:14 110:11,12
111:3,9 116:6,10,12
118:9 133:10 135:22
136:2,8 138:21 139:8
alpha
25:17
alternative
160:21 199:11
AMAC
199:11
amendments
175:1 176:18 177:12
America
13:7,9 14:15 15:8 17:4
amount
105:10 138:17 139:1,10
211:4 258:6,14,21 259:3
amplify
86:10
analyst
196:20
Andrew
5:20 133:13
and/or
137:22
answer
37:7 54:14 57:15,19
59:20,21 60:6,11,15,18
72:18 102:3 126:20
140:13 149:2,4 157:11
162:9 189:18 190:13
208:20 210:4,12 218:21
233:7 245:8
answered
156:22 205:22 210:2
211:15 214:13 215:6
216:1
answering
233:19
answers
60:6 253:2
answer's
101:19 125:5
antecedent
209:9
anybody
166:13 187:18 267:15
anyway
194:10
apologize
224:2,3
apparently
238:10
appeal
58:2,4,6
appear
93:6,17 100:1,3,10 132:1
193:17 271:6
appears
131:21
applicable
80:14 216:18
applicant
29:18 144:7
application
144:16 256:5
assigning
106:12 126:14 226:10
assignment
5:22 6:2 34:18 35:3
68:18 69:1 70:16,22
71:2,11 88:17 89:1,16
90:19 94:14,21 95:1,10
98:17,19 99:2 106:19
126:16 128:7 129:14
130:7,8,9,19 131:3,7,16
163:10 168:12,17,21
170:1 171:9,19,19 172:1
172:9,21 173:8,15
180:14 181:6,14,15 182:1
190:8 226:3,7,14 227:6
227:7,21 228:7 229:18
230:2,19,20 232:7,21
233:1,13 234:1 235:9
236:11 238:1 244:3,4,7
244:12,13 254:16
assignments
21:16 34:19 35:18,19
72:12 88:16 90:4 95:18
106:6 129:18 130:4,5
133:8 134:8,20 135:2
152:22 153:15,19,19
154:3 163:3,4 167:20
171:7 172:2 174:8
184:10,11,12 185:13,15
188:9 189:3 227:16,16
228:9 233:11 255:9
assignor
231:2
assigns
47:1 48:10,10 49:2 75:16
75:16 76:8
assistant
132:2 133:16 134:18
143:14 145:2,2
associate
11:17
associated
85:3 209:14 213:1 241:1
246:12
association
52:11 226:11
assume
180:11 190:2 252:14
260:20 263:12 269:12
assuming
15:5 27:6 87:17 135:20
149:11 182:6 194:5
202:9 206:15 228:15
231:16 250:13 264:4
attached
5:6 29:19 143:12 253:1,3
258:2 271:6
attachments
47:17
attempt
22:18 201:7 251:1,16
attempted
250:15
attempting
111:3 230:3
attempts
90:8 244:12
attend
21:15
attorney
11:22 12:7,10 162:14
264:22 265:2
attorneys
106:6 217:21 218:1,2
253:5 264:16
AT&T
21:6
Auburn
3:6
audit
142:9 147:4 179:19
266:12
audited
142:12
auditing
147:21 148:8 149:9,11
audits
146:13 148:22
Authored
5:19
authoritative
219:11 220:9
authority
5:13 23:7,12 24:7 32:6
32:10 44:1 86:5 92:8
102:10 129:18 131:13
132:11 140:20,22 141:13
142:5 144:1,21 156:14
180:14 181:4,5,21
217:16
authorize
81:2 121:22 138:1,7 161:1
authorized
85:17 121:18 133:17
134:17,19,22 135:3,6,14
146:21 228:8 263:16
authorizes
50:21 76:12
authorizing
132:3 136:4 137:14 143:11
158:8
automated
151:16 154:10 264:14,20
automatically
173:18
available
22:2 28:7 41:21 124:9
151:18 154:12,20 199:5
200:4
Avenue
2:8 3:11 7:13
avoid
95:15 240:1
awake
201:16,18
aware
20:16 21:22 23:14 50:20
53:20 56:2,3 71:13
77:11,13 78:17 94:15
95:13 127:14 128:6
161:17 167:12 189:19
201:1 206:1,4 207:13,18
208:3,5 233:21 250:21
252:12,15 254:2 257:19
a.m
1:18
B
B
5:5 6:1 135:4
back
23:20 29:15 34:16 37:3
37:22 38:3 46:15 52:17
59:21 60:6 68:16 80:22
94:9 117:8 119:14 122:5
126:11,14 143:10 182:12
189:14 214:20 223:3
239:10 244:1 247:5
261:12 269:15
backed
105:14
bailee
166:15
balance
124:7 211:9
bank
13:8,20,22 14:2,7,16,19,21
15:2,10,11,12,15,17,19
16:14,19 55:4,7 226:11
banker
10:10
banking
10:9 65:8 95:7
bankruptcy
85:22 101:6,12,15,22
102:4,11 138:9,11 142:16
143:13,19,20 145:3,7,7
159:12
banks
9:10,13,19 17:8,12,21
18:10 85:5
bank's
15:13
Barnett
9:10,13 17:19 18:9,10,14
18:17,22 20:18
Barry
3:9 7:17 29:7 47:12
192:7 237:7,14 238:10
239:11 269:13
Barry's
253:19 257:22
base
84:12,17
based
199:10
bonds
62:11 194:14,17 199:10
booked
113:10
booking
16:17
bookkeeping
209:17
books
119:13,16
borne
172:3
borrower
48:8,20,22 51:20 65:4
67:5 69:8 76:6 78:11
114:12,17 115:17 117:13
117:18,22 118:12 122:18
123:7 136:11 139:11
155:22 156:3 171:18
175:15,16 177:6,11,11,17
178:9 180:5 204:18
205:3 206:20 213:6,15
218:6 219:17 222:12,18
245:20
borrowers
13:20 54:6 97:17,18
136:16 171:7
borrower's
78:18 116:13 122:19
135:21 139:9,10 218:9
borrowing
13:18,19,21
bottom
30:7,11 33:2 231:14
247:6
bought
87:14 88:9
Boulevard
3:17
box
3:5 29:17 47:4 241:2,5
Bradford
12:1,5
Branson
226:20
breach
122:19
break
46:17 94:13 117:10 182:16
222:20 223:5
bring
217:21
broad
181:5
Brochin
3:15 7:21,21 31:16 33:13
34:21 44:11 46:5 49:14
51:13 57:2 59:8 60:21
61:12 64:11 67:12 69:4
71:4 74:18 75:13 76:16
77:17 81:21 82:9 84:5
89:5,20 90:1,7,11,13
98:22 108:4 110:21
112:17,21 115:5 117:1
123:12 126:1,18 129:4
130:20 131:5,9 132:6
139:4 140:1 144:11
148:4 149:2,6 156:16
160:11 165:8,15 169:20
170:2 176:22 177:15
180:7 181:8 187:2
188:18 191:19 193:1
200:12 203:6,20 204:11
205:22 206:9 210:2
211:15 213:9 214:13
215:6 216:1 219:2
227:18 229:9,15 230:6
231:1 232:8,10,13 233:4
233:16 234:13 235:2,14
236:6 244:14 250:3
254:20 255:10 259:8
265:18 268:15 269:5
broke
187:4
broken
25:16
broker
13:3 56:22 57:8,12 58:3
58:7,11 171:13
Buffalo
10:2,17 11:2,18 12:13 13:8
17:13 18:11
build
199:9
built
198:11
bulk
222:3
business
6:7,8 11:20 19:21 23:1
62:7,10 65:22 125:12
136:9 139:14,17 149:10
149:12 169:14 215:3,9
247:6 248:20 254:12
busy
80:12
buy
111:17
buying
87:19
bye
168:8
C
C
1:14 2:1 3:1 4:1 5:2,15
7:1,5 8:9,17 46:20
94:5,11 182:9,14 261:9
261:14 270:1 271:3
calculation
16:20,22
calculations
17:2
call
48:5 65:8 152:2 154:2
166:14 168:7 175:13
179:20 186:21 198:20
262:9 263:6
called
12:13 20:19 142:15 168:1
168:2
calling
232:11
calls
114:10 149:2 178:9,11,12
178:17,20 181:9 186:11
233:4 245:19,20
Campbell
4:11 7:10
cancelling
49:6
candidates
29:19 143:12
capability
82:21
capable
233:19
capacity
30:15 50:21 51:7,10
58:21 59:13 60:14 62:5
100:11 131:12 212:17,18
capital
14:1 15:21,22 16:1,2,20
17:22
Card
21:6
care
92:9 120:7 216:3 264:17
careful
184:14
carries
30:13
carry
138:4
carrying
75:19
case
1:6 7:8 22:10 23:15 51:11
52:4 55:21 57:21 58:9
61:2 68:4 69:18 70:7
72:1 77:12 86:17
109:15 111:1 127:6
140:2 144:5,18 162:19
165:2 174:4 176:6,9
178:17 200:14 201:3,14
205:2 220:22 221:8,9
230:4 237:5,10 238:8
238:11 239:17 241:1,7
241:10,11,17 250:11
251:10 252:10,20 253:5
254:10 261:2 263:18
266:8 272:9
cases
136:2
216:17 233:7
City
228:14 231:13 238:2
Civil
5:16
claim
63:9 119:9 138:10,18
139:1 159:6 202:22
233:13
claims
170:8 210:17 235:9
class
161:15 199:19,21
clause
76:4
clear
31:12 34:17 42:15 51:22
63:8 149:8 185:2
194:13 214:19 221:17
256:7,7
clerk
88:14
client
97:16 238:13 239:12
257:22 258:4
clients
16:6 97:17
client's
46:19
close
236:12,13,14 240:18
closed
171:14
closing
160:6 167:1 171:9,15
code
103:2,6,14,20 104:18
collateral
104:6
collateralization
199:12
collect
97:14 167:16 184:20
188:1 211:8
collected
211:5
collecting
191:9,10
collection
262:12
college
10:1,14
colon
133:17
Columbia
2:21 96:8
come
32:20 35:20 42:4 120:8
125:13 175:2,5 214:20
225:18 245:19 247:5
comes
77:11 245:17 262:10
comfortable
238:5
coming
9:8 178:12
commence
85:21 157:21
commentary
61:18
comments
34:8
communicate
180:5 264:1
communications
149:3,10
companies
31:2 85:7 124:2
company
9:8,12,14,19 12:11 13:1
17:21 18:1 19:12,20
20:19 21:21 22:11 25:13
25:20 35:13 37:22
38:16 62:13 63:11 64:8
87:10 93:14 108:9,18
109:20 110:5 121:12
130:12 142:15,17,18,21
142:22 146:12 160:20
161:16 166:20 169:5
170:9 174:18 179:1
180:15 186:12 189:6
191:16 192:12 227:7
245:16 247:16 253:22
254:3 257:18 269:10
company's
22:19 189:1 254:3
compare
132:19
compelled
214:16
compensation
146:6 217:9
complaint
161:15
complete
47:12 239:19 265:11
271:5
completed
211:13
completely
235:21
completing
203:4,9
compliance
150:1,10
comply
49:1 224:4
complying
147:5
computer
25:12 47:19 151:16
concede
62:20
conceded
206:16
concept
34:17 35:14,17 45:19
101:6,14,20 102:12
172:10 216:16
concerning
149:10
concurrent
145:1
conditions
5:21 73:14 87:1 223:7,9
223:15 225:9
conduct
131:14 149:18 202:10
237:7 254:11
conducted
128:22 129:12 146:3
149:9 150:18 241:7
251:7,9
conducting
112:4 201:7 251:13
confuse
184:14 185:19 187:9
confused
100:13 134:14 154:22
187:18 251:8
confusing
163:13 185:3
conjunction
163:17
connection
20:18 235:22
consecutive
123:8
consent
92:1,6
consequences
108:14
conservatorship
17:8
consider
64:13,17,19 65:11,13 152:5
216:9
consideration
166:11 217:9,12
considered
15:9 106:7,11 108:13,18
110:3 121:13 200:6
considers
83:6 87:10
consist
261:20
consistent
50:13
consists
64:22
constitutes
262:8
consumer
172:4,11 173:18 174:14,20
175:12 176:8,11 179:6
179:22
controlling
141:3
controls
186:20
conversations
127:20 128:1
conversed
162:13
converted
38:6
conveyance
48:17 67:7,8,10,18 68:1,8
68:8,9
conveyed
68:12 69:8,9,22 70:6
91:4 141:4 206:13
conveys
48:8 49:16 76:7
convoluted
102:2 232:16 233:18
copied
29:16
copies
29:7 192:7 218:20 223:14
copy
46:17,19 47:12,14,18
73:20 74:3,4 123:6
143:10 192:11 219:11,18
220:9 223:15 224:21
226:2 250:12
Corp
4:6
corporate
5:8,12,22 7:5 9:7 12:18
14:10 19:5,10,11,12,13,15
21:12,13 27:16 29:10,20
29:22 37:1 85:19 86:6
95:22 106:1 119:3
121:11 122:2 131:22
132:4,15,21 133:4 134:5
136:19 138:13 141:18
142:1 143:10 144:9
146:15,21 148:13,14
150:14 158:8 196:21
207:16 214:20 215:18
215:22
corporation
1:10 9:2 11:22 14:19 17:7
23:1 25:16 27:17,20
35:9 37:19,20 38:6
46:22 52:19 53:2
79:20 102:9 103:21
141:21 147:3 162:18
202:21 206:11 218:12
corporations
79:6
correct
13:17 17:3 18:13 24:21
28:8,17 38:4 44:2 47:8
48:15 52:6 56:15 65:18
66:4,16 67:10 68:14
69:11 70:3 71:2,12 79:2
220:3 222:7
custodian
65:17,19 66:1,6,12,14
84:22 136:3 137:8
166:7 216:8,15 217:4
custody
66:2 152:4 217:10
custom
49:1
customers
16:6
CV
1:7 7:8
D
D
5:1 7:1 52:20 129:10
daily
147:22 149:12,13 150:13
151:6,9,13,20 152:8,17
153:4,16,20 154:18
155:6,16 156:10,22
158:20 159:1,7
Dana
4:11 7:10
data
84:12,17 124:10 154:20
223:22
date
7:9 39:1 89:3 157:15
226:14 271:11 273:21
274:22
dated
226:15
day
87:14,21 88:10,18 92:12
148:7 155:9,10 178:12
263:4 272:12
days
253:15
de
105:10
deactivate
83:8,9
deactivation
81:13,16
deal
103:8 190:16,19 191:6
198:4,11 199:14,16
223:19 224:4 225:1,5
dealers
13:3
dealing
13:17 47:10 100:20 103:11
103:14 124:10 128:12
185:6 194:19 237:6
deals
49:20 190:15 223:17
224:19 225:13,15
248:16,21
Deborah
definition
58:18 215:8
degree
10:3,5,11,13,15,18,19,21
11:1
degrees
10:14
Delaware
47:3
dele
190:20
delegate
24:7 144:21
delegated
23:8 24:1 92:8 131:12
140:18 141:7,8,13
263:22
delegating
23:11
delegation
141:10
deletions
25:22 26:1
delineate
188:9
delinquency
139:10 253:17
deliver
166:15 168:17
delivered
109:13 110:10 137:19
160:6 266:21 267:1
demonstrated
256:19
demonstration
196:19
denoted
219:11
department
54:8 145:12,14,14,17,19,21
147:8,10,13 148:10,12,15
148:17,22 149:16 178:11
234:7,8 260:19
departments
262:19
department's
147:13
depend
137:11 189:16 202:19
depending
144:19 199:15
depends
108:6 119:19,19,20 136:6
141:10 265:6
DEPONENT
3:14 271:2
depose
252:2,6
deposed
56:3 64:6,6 90:3
deposit
17:6 97:16 202:16
deposition
1:14 2:1 5:7 7:5,11 29:3
29:4 40:15 46:4,13,18
47:16 55:21 61:4 73:21
75:8 94:5,10 131:18
143:6 154:2 159:17
164:4 182:9,13 192:5
201:3 223:11,14 225:21
227:9 236:17 237:2,16
238:11 239:19 240:4,20
243:8 246:13,16 248:18
255:15,22 256:14 261:9
261:13 270:1 272:3
depositions
201:4
depositor
188:13,16 190:2,5
deregistration
81:11 82:14 83:1
derivatives
18:2
derived
57:18 162:6
describe
22:11 83:12 219:6
described
48:11 263:9
describing
227:14
description
23:1 48:19
descriptive
22:18
designated
27:19 28:2 54:1 125:14
129:1,13,15 130:6,18
150:4 167:16 169:19
189:13 190:4,10,20
designates
187:22
designating
132:1 217:3
designation
26:15 33:6 190:22
designations
216:19,20
designed
101:11 248:3
designee
137:22
desk
245:19
despite
170:12
determination
56:21 58:7 129:8 193:11
256:22 261:17
determinations
127:15 128:2,3
determine
83:2 128:20 129:17
174:15 256:10
determined
33:18
determines
129:11
developed
33:22
development
26:16
difference
16:11 219:21
different
11:11 12:21 13:12 33:5
41:19 45:17,22 50:7,10
50:12,17,18,19 51:4
68:16 110:8 125:10
129:1 166:17 178:2
184:18,19 188:20 199:14
199:15,16 244:10
differently
144:19
difficult
239:19
digital
220:7 222:16
Diplomate
2:20 272:2,18
direct
140:6,15
direction
77:22 78:4 99:17 224:11
272:7
directions
223:17,20 224:4,8,8
directive
197:4
directly
19:2,18
director
9:15 18:20
directors
23:8 37:5
disagree
35:12 63:3
disagreed
58:6
disburse
104:22 167:16
disbursing
259:22
disclose
162:7 175:9,12 176:18
178:6,8 179:2
disclosed
171:22 176:19
disclosing
177:21
disclosure
5:14 160:9
discovery
23:15
discuss
162:8
discussed
37:5 43:18
discussing
29:11 111:5 151:11 162:12
187:20 197:14 262:20
discussion
23:19 24:3 94:7 117:5
269:21
discussions
36:9,18,20,22 37:2 162:9
dispose
105:7
disposing
105:2 106:3
disrupt
217:6
dissolved
105:10
distinguish
176:15
distribute
97:14 136:15
District
2:21 5:17,17 96:8 161:13
161:13
divergence
206:6
division
19:12 142:20,22 147:9
148:14
Doctorate
10:16
document
5:9 66:6,12,14 87:2 131:4
137:8 145:6 158:3
160:6 187:7 225:19
226:4,5,8,16,17 227:12
227:18 231:19 232:3
240:20 244:7,11 246:22
256:19,22 258:9,12
documentation
65:14
documented
89:12
documents
65:17 72:6 79:19 85:14
122:1,3 132:13 133:8,20
138:3,8 139:21 141:19
141:20 143:16 156:15
186:4 190:18 218:13
241:19 242:5 245:2,3
245:19 253:4,10 257:16
263:6 267:4 268:10
doing
30:22 31:20 112:2 121:18
125:20 149:20 178:18
218:2 230:17
dollar
41:21 42:1 112:15,22
114:2
dollars
113:19
elaborated
224:13
elaborates
225:8,10
elected
27:21 28:10
electronic
1:7 5:11 7:19 20:13 28:11
46:21 79:10 84:17
120:4 133:15 135:1
143:15 219:13 221:10
222:14,18 226:9 231:2
electronically
164:14
else's
127:17
embroiled
233:12
emphasis
11:12
Empire
13:7,9 14:15 15:8 16:16
17:4
employed
8:18,20,22 9:20 12:2
13:4 17:6 18:15,22
20:20 21:4 36:15
195:22 196:17 231:17
256:9 272:8
employee
20:15 78:20,22 82:15
135:16 200:17 242:14
employees
26:21 29:19 79:3,5,12,20
80:2,12 85:7 121:4,6,17
130:13 133:14 134:18
142:2 143:12 145:20
146:2,4,12 147:3,7
215:21
employment
20:2 162:18
enabling
33:17 43:22 44:13 47:7
48:14 49:11 174:14
enacted
15:21
endorse
86:1 108:19 119:4 137:18
137:22 267:6
endorsed
100:13 107:16,20,22 108:1
108:3,21 109:6,13,21
110:6,9 137:17,20
158:22 201:21 202:3,6
265:15,17,21 266:21
267:2,10,15 268:4,12,12
268:21 269:2
endorsement
108:10,15,15,21 109:7
110:3 111:11 244:5,9,20
249:17 250:8 267:20
267:22 268:3,14
endorsements
137:15 158:19 159:3
endorsement's
268:14
endorsing
243:5,15,16
enforce
63:7 268:1,5,8
enforceable
238:20
enforcing
75:19 203:12,14
engaged
11:7 169:13
engagements
269:17
engages
139:14,17
English
68:20
enhancement
198:3,6,10,14,16 199:2
200:3
enjoys
211:13
ensure
142:10,13 146:14 147:5
entail
9:16
enter
30:8 144:20 246:11
248:10
entered
142:1 157:13 238:11 241:9
241:11 249:6
enterprise
98:1
enters
175:16
entities
16:17,18 107:9 189:22
206:7 232:20
entitle
166:4
entitled
55:1,11 63:1 85:19 93:21
110:12 118:21 202:22
203:17 216:7 239:3
242:18 259:6
entity
25:16 66:7 68:13,14,22
70:17 71:1,12 72:13
88:16 89:19 99:3,4,15
102:1,9,10 103:17
125:13 127:12 140:16
167:15 171:16 172:22
173:1,14 182:21 183:17
206:12 226:7 233:1,2
259:21 262:6,7 263:17
263:20
entries
37:4 119:13,15 222:1
241:21 256:2,4,11
entry
221:10,20 241:15,15 242:1
242:5 247:6,7 248:10
248:20 249:5 264:10
enunciation
86:9
environment
178:10,14
envisioned
35:3
equipped
216:2
equitable
205:18,19
Equity
226:12,13
equivalent
163:20 216:14
eRegistry
219:1,6,7,22,22 220:3,7
220:17,20 221:4,10,13
221:15,19 222:1,3,7,10
Errata
271:6
error
100:9 234:1 241:14
escrow
97:15,15
eSigner
219:9
ESQUIRE
3:3,9,15 4:4
essentially
9:17 14:3 254:14
established
56:14 263:2
establishes
204:3
establishing
237:6
estate
103:9,15,18,22 104:6
105:14 123:19
estimate
16:5 41:9
estimates
42:3 87:18
et
1:11 7:7
everybody
25:18
evidence
241:18
evidenced
230:10
evidences
88:17
evidencing
242:6
exact
39:1 57:20
exactly
19:7 21:9 59:11 60:12
66:18 80:4 110:18
132:20 140:8 261:16
EXAMINATION
5:2 8:12
examined
271:4
example
71:10 85:4 166:8 263:18
exception
262:4
excess
43:16 62:12 198:17
exchange
217:11
exchanges
217:8
excuse
40:12 50:16 59:8 81:5
90:11 104:4 110:8 112:2
118:17 154:22 163:3
179:18 184:2,11 212:9
232:10 247:13 262:1
execute
85:14 121:22 132:12
133:7,19 134:20 135:2
135:16 138:7 156:14
executed
147:22 151:13,19 152:17
154:17 155:5,15 156:21
158:16,20 185:8 222:17
262:4
executing
138:10 232:6
executive
121:9
exercise
49:3 93:21 115:6,12
121:11
exhibit
5:7 29:3,4 46:13,18 70:1
73:19,21 75:8,8 86:7,13
114:11,16 115:3 122:5,7
122:8 128:10 131:18,21
133:2,3,4 134:6,8,11,13
143:6,9,17 159:17,20
164:4,8 187:7 192:4,5
200:21 223:11,14
224:18 225:19,21 227:9
227:13 228:11 240:4,20
243:8 244:1,8 245:2
246:13,16 248:18
255:15 256:14 258:2
exhibited
237:3
exhibits
224:17
exist
86:9 112:11
existed
183:2
23:2
failed
14:21 15:7 112:19 228:9
failing
15:6 214:4
fails
114:17 115:17 117:18
213:15
failure
15:11,13 211:8 213:5
fair
22:9 26:2,4,7 37:10
38:21 61:10 64:14 67:3
84:3 139:19 170:8
179:11 198:16 205:20
fairly
169:8 256:7
fall
36:4
familiar
36:5 55:17,20 77:6 94:19
101:6,9,14,17,20 102:12
103:1,5 104:8,11,15
105:1,19,22 107:7,18
127:22 142:15,18 161:11
161:12 168:3,9 186:14
190:14 200:9,13 247:16
249:2 252:18 253:4,10
253:14 257:3,9,16
Fannie
32:22 33:10,22 35:22
36:6,12 37:8,15 50:16
50:17 66:15 194:4,22
216:19,19 217:2,5
Fannie/Freddie
33:3
far
48:6 52:22 53:1 70:1,9
80:2 238:4
Fargo
100:7 195:11,22
far-ranging
238:6
fashion
32:3 235:8
fault
80:7
fax
47:21 52:19 122:10
FDIC
17:9
February
9:1 20:3
federal
13:7 15:6,10 17:6 168:2
180:3 194:19
feel
174:8 214:16 236:16
239:20
feels
139:20
fees
171:20
fell
16:2
felt
20:17
fetch
216:9
FGIC
199:10
FHA
50:15
FHLB
85:4
Fidelity
142:15 143:12,18 145:2,7
254:8
field
190:7 191:9 246:3 247:9
248:11 249:6 266:7,10
FIG
199:10
figure
269:1,2
figures
41:21
file
21:18 22:5 58:4 65:2,8,11
65:13 102:10 156:6
161:18 168:21 261:3
filed
22:10,12 35:18,20 52:10
52:14 53:2 58:1 63:19
71:11 88:5 89:16 90:4
95:1 156:10 157:17
159:7 186:19 187:7
253:4,10,13 260:8
265:16
files
66:8 266:12
filing
185:7 260:10
filings
186:20
fills
28:17 30:16
fill-in
28:13
fill-in-the
29:17
fill-in-the-blank
30:1
finance
5:18 19:13,15
financial
104:4 114:3 209:22 210:9
210:19 211:1,10 213:1
228:10 252:20 272:9
financially
212:4,10
find
228:8 245:11,14 251:22
257:15
finding
158:1
fine
239:7
finish
90:11 236:19 269:13
finished
10:21
firm
3:4 9:6 11:9 12:13 132:1
133:7 135:16 136:4,9,12
136:19 137:7,14 138:12
139:13,16 141:11 227:5
253:19 263:21 264:1
firms
11:10 19:17 136:14 137:1
FIRREA
15:21
first
11:15 20:14 35:9 38:9,15
38:22 39:7 60:6 68:17
152:6 185:10 212:14
228:1 246:7
firsthand
137:8
five
91:7 174:6 178:15,17
flag
264:14,21
Flint
47:4
Flip
171:4
flipped
264:14
flips
264:21
Florida
3:18 9:11,13 55:17 157:14
157:17
flows
32:6 172:7
flyer
236:17
focus
11:19 12:17 239:16 240:2
folks
65:6 138:7 247:15
follow
92:13,17 144:13
followed
142:13 159:16
following
34:15 48:11 108:17 122:18
follows
8:10 76:22
follow-up
196:17
foreclose
44:8 49:4 51:12,19 54:21
63:15 78:4 100:18 110:1
110:13,19 111:4 115:7,13
halfway
187:3
Hamilton
8:6
hand
164:7 272:11
handful
29:2
handle
30:18 212:16
handled
254:12
hands
88:3,6 89:4,15 125:6
153:22 163:9 167:22
170:17
happen
23:9 95:19 188:21 189:10
250:9
happened
95:13 178:16 207:1
happening
131:3
happens
131:11 169:2 262:10
264:13
hard
50:18 228:8
Harmon
133:12,13,14 151:11
hash
269:15
head
85:6 147:14
heading
48:2 122:15
hear
8:19 77:4 205:8,9,11
heard
24:3 102:4 209:6 226:22
235:18 239:1
hearing
237:19,21
HEATH
3:3
held
2:2 88:13 166:7 182:21
183:17 199:20 215:12
230:16
hello
168:1,7
hello/good
168:7
help
73:17 109:1
Henderson
1:3 5:9 6:11 7:6 22:10
51:11,12 53:19 63:15
67:9 68:2 69:15 70:3
122:6 124:11,16 206:16
236:18 241:19,22 251:15
251:18 252:16 253:11,15
holders
226:12 267:22
holding
9:18 17:21 18:1 103:18
217:4,5
holds
48:21 186:1 215:9
Home
226:12,12
Homecoming
252:3,7,9
homeowners
245:3
hope
29:6 47:13,15 80:7
221:17 239:4
Horstkamp
4:4 8:1,1 148:18,19 149:3
hours
155:13
house
70:6
HUD
137:15,21 138:1 171:22
173:10
Huh
73:11 145:18 193:3 206:3
Hultman
1:14 2:2 5:2,15 7:5,22
8:9,15,17,18 29:4 45:7
46:13,17 55:9 59:11
60:13 61:3,7 68:17
73:21 87:3 90:21 94:5
94:11,13 100:21 117:10
131:18 143:6 159:17
161:11 164:4 180:11
182:9,14,16 192:5,10
205:20 219:1 223:5,11
227:9 240:4,8 241:18
246:13 247:15 248:18
255:15 261:9,14,16
268:22 270:1 271:3
hundred
39:5,15
hypothetical
181:1 232:13 233:5
hypothetically
71:9
I
ID
25:19 28:17
idea
23:16 25:1 28:4 35:21
36:2,7 39:6,16 41:17
52:3 69:19 78:11 148:9
150:13 153:3 155:5,14
155:18,21 156:2,9,20
158:19 159:3,6 179:15
229:2 234:4 266:14
267:5
identifiable
109:7 267:12
identification
6:4 29:5 46:14 73:22
131:19 143:7 159:18
164:5 192:6 223:12
225:22 227:10 240:5
240:22 246:1,14 247:17
248:4,19 255:16
identified
109:17 266:10 269:10
identifies
84:11
identify
7:15 74:3
ignore
61:13,16,18
illegal
106:12 233:14 234:1
images
222:16
immediately
171:8,10
immobilize
170:8
impact
106:11
impairing
198:3,5
implemented
36:21
implications
106:8
implicit
194:14,19
imposed
104:17
improper
233:13 239:20
inaccurate
160:18
inadvertent
194:1
inadvertently
120:1
incidence
102:16
incident
86:3 93:21 144:16
include
148:15 165:9,10
included
16:20 80:21
including
49:3,5 96:7 115:7,13
133:8,22 138:10 171:19
income
119:9,16
incorporated
7:6,7 37:16
increase
27:14
incredibly
239:14
indebtedness
110:13 111:6 136:10 170:4
176:13 209:14,21 210:7
211:22 214:15 219:9,19
220:1,1,7 222:17 225:11
230:10,14,16 244:12
independent
44:1 57:17 78:4 253:21
indicate
27:12,13 29:18 43:22
72:8 88:5 89:16 90:5
164:10 182:19 227:15
230:3 249:5 258:5,21
259:2 261:2
indicated
43:7 75:7 83:22 90:4
94:15 98:19 124:17
224:7 237:3 240:22
indicates
29:17 258:12
indicating
88:11 125:2 241:19
253:16 268:10
indication
88:2 124:20 176:8,11
indicia
65:4
individuals
134:22
indulge
239:14
indulgent
239:14
industry
41:21 123:22 124:1,3
172:3 174:10 188:20
227:8
infor
28:19
information
24:13 25:13,17 28:13,20
41:16,20 42:6 43:11
63:21 80:20 120:4
124:13,15 125:2,6,9
135:22 136:1 138:19
139:8 144:15 151:21
152:1 153:10,11,21 154:5
154:6,12,21 175:17,17,20
175:21 176:17 177:4
189:17 201:8 224:1
242:11,16,20 251:14,17
266:3
informational
22:10,18
initial
9:5 171:9 172:1 185:7
initially
18:19 30:8 38:1 56:21
182:21
initiated
involved
11:3 18:4 89:2 95:8
147:21 166:21 178:3
180:15 183:22 184:4
195:5,8 196:7 216:4
235:7,11 240:2 247:9
247:12,13 252:10
262:12
involvement
82:8 162:19 254:4
260:20
involves
101:21
involving
56:21 161:15 226:3
233:22
irrelevant
89:4
Irrespective
181:18
irrevocably
48:8 76:6
IRS
103:2,6
Island
236:16
issue
93:16 120:2 150:4
issued
38:10,22 191:15 197:3
228:9
issuer
188:13
issuers
199:6,7
issuer's
248:21
issues
19:21 106:1 223:6 245:6
issuing
196:13
item
63:4
items
97:15
J
J
133:12,13,22 138:3
Jackson
161:14 200:22
Jacksonville
9:10,13 18:12 20:20,21
Jan
8:5
Janet
1:22 2:19 272:2
Jeff
226:19
Jewelean
161:14 200:22
JNE/JJG
5:16
job
1:20 18:4 22:5,8 23:5
29:6 203:9
job's
19:16
judge
237:22 240:1 268:3,4,5
269:15
judgment
253:2,13 258:2
July
226:15
June
74:7 157:12 243:21
junior
212:13,15 213:18,19
Juris
10:16
jurisdictions
184:4 262:5
label
195:2
keep
labels
21:15 40:2 154:13 179:17
28:22
179:19 199:8 215:21
LAD
234:5
7:10 8:6
keeping
Lake
80:12
228:13 231:12 238:2
kept
land
154:14,21
88:13 89:12,17 93:7,17
killed
161:4 163:5 168:11
169:1,18 182:20 183:2
115:9
183:15,21 185:5 201:9
kind
92:9 163:5 183:19 208:22 language
32:17,17,20 33:7,10,11,17
209:3 263:4
33:17,20,21 34:4,7,11,12
knew
171:14
34:13 43:21,22,22 44:1
know
44:14,22 45:15,17,22
21:4 22:7 26:9 27:10,14
46:1,2,3 47:7,11 48:14
30:18,22 36:10 38:9,15
49:9,10,11,16,18 50:6,8
38:22 39:1,8 40:5
50:18,19,20 51:2,6
42:17 47:13,14,15 48:16
68:20 76:18 117:14
50:4 52:16 53:10,17
132:15 158:1 160:22
54:14 61:14 64:1,5,16,17
161:3,5 163:12 183:4,6
65:10 69:21 70:1,10
243:12
77:19 78:8,15 79:16
larger
91:1,3 105:15,19 106:14
31:6
late
107:11,14,15 108:6
119:22 120:13 123:21
15:5
126:19 129:19 136:12,14 lately
138:12 139:1,13,15,16,18 147:15 169:9
141:17 142:20 143:1,4
Latona
143:18,21 145:1,5,9
11:17
law
147:14 151:2,8 157:11
162:17 164:2 171:7
3:4 10:18,21,22 11:1,4,7
172:12,15 173:7,9,11
11:16 12:18,19 13:17
176:5 178:4 179:21,22
15:21 19:13,15,17 49:1
180:17 186:14,15 188:19
77:8,9 93:22 106:1
107:9 126:20 132:1
189:16 192:14,17,20
K
limits
16:3 106:2
line
47:21 52:19 61:7,15
122:10 191:4 273:5
274:5
linked
241:10 264:14
Lipton
5:20
liquid
87:11
liquidity
9:18 17:20
list
25:17 29:19 143:12,15
listed
112:20 135:13 145:5
231:19
listen
263:8
litigation
21:19 57:6,9 161:12
162:17,22 163:15,18
164:9 200:18 201:6
216:4 233:12 245:15
253:7
little
9:22 29:6 40:19 41:1
43:20 86:20 94:13
109:2 174:13 236:18
239:15,16 240:3 264:10
LLC
1:9 6:10
LLP
3:16
loan
15:9 50:15,15,16 51:8
52:1,6,7,8,12 53:12
55:11 58:22 59:6,19
60:20 61:22 62:17,22
64:18,20,22 65:5 66:8
67:9 68:2 70:9 71:10
71:15 72:8,9 74:9 81:10
81:11 84:3,10 85:2,4
86:1 92:13 95:9 96:21
97:4,7,10 100:5 116:8
119:5 124:16 125:8
128:21 132:14 133:21
138:9 141:2 159:10
160:6 165:10 166:2,11
166:22 167:1 168:5,7,21
170:14 171:8,9,14,15
172:22 173:13 174:6,16
175:17 177:4 180:6,18
181:2,3 183:1,18 184:5
189:7,11,13 190:11
191:13 202:8 204:4
205:14 206:6 207:11,14
208:4,7 209:18 211:9,18
212:18 213:1,3,18,19
219:10 221:20 225:2,14
looks
30:8 48:19 143:16 223:22
226:15 241:17 243:10
256:6 258:17
Lorna
196:9
lose
112:15,22
loss
112:13 113:14,17 114:3
211:6,10,10
losses
113:17
lost
137:7,9 156:10,21 157:3
157:16,20 158:9,16
lot
12:21 93:13 169:12 178:2
185:3 188:20 190:19
198:6 237:3,9
lots
33:5
love
238:1
LPS
142:19 143:3 253:22
254:6,8
lunch
117:6,10
17:20
management
9:15 17:16 18:20
manager
9:7 13:14,16 17:16 18:19
19:5,10 260:19 263:12
managing
9:17 17:7
manner
123:7
manual
243:10 249:2
manuals
243:19
March
232:3,19
Marine
17:12,14 18:5
mark
29:3 73:19 133:12 166:10
192:2 225:19 258:1
marked
29:4 46:13 70:1 73:21
86:7,13 128:10 131:18
131:21 132:18 143:6,9
159:17,20 164:4,7 192:5
223:11,13,13 225:21
227:9,12 240:5,20
243:8 246:13,16 248:18
255:15
M
market
98:7 166:10 167:2 169:6
Mac
169:12 181:2 187:22
32:22 33:22 35:22 194:4
190:11 194:6 197:7
Mae
marks
32:22 33:22 35:22 36:1
94:4 182:8 261:8
36:6 72:9 194:4,4
Marsha
217:5 265:15 266:4,8
266:20 267:3,7,9 269:4 133:13
Master's
Mae's
10:15,19,21
266:16,21
match
mail
241:9
120:3,4 168:18 170:5
material
245:18 253:16
102:16
mailed
matter
257:16 258:4
7:6 149:19,20 153:12
mailings
matters
259:14
23:2
maintain
MBSs
97:15 218:12,20 219:18
194:17
maintained
McGANN
84:12 125:12 153:7
4:4
220:18
mean
maintaining
25:6 26:19 27:18 31:2
189:22
36:6 38:11 39:4 41:12
making
50:11 51:14,16,19 52:13
24:3 29:7 106:5 126:9
55:3,7 56:12,13 57:4
128:1 130:5 149:22
61:14 62:9 69:15 70:5
213:1 226:7
75:3 77:19 79:4,4,5,7
manage
83:13 88:13 96:11,11
17:8 177:9
97:13 99:22,22 103:13
managed
105:15 109:12 112:22
235:7,9,10 236:8
238:17 240:14,21 241:16
241:18 242:8,13,21
243:1,1,10,19 246:1,3,6
247:9,19 250:10,13,17
250:18 251:1,6,7,10,11
251:13,15,16 252:2,21
253:21 254:11,14 255:12
260:2,4,7,10,19 261:16
262:1,2,4,16,16 263:1,11
263:12,15,16,19 264:5
264:10,12,18,22 265:1,2
265:3
MERSCORP
1:6 5:10 7:6,7,19 8:21
26:3 79:7 80:2,13,14
145:21 147:4 256:21
257:13 273:2 274:2
MERS's
84:6
met
21:5
method
151:17
methods
199:1
MGIC
199:10
Miami
3:18
Michigan
47:4
mid
38:1,4
Midland
17:12,14 18:6
miles
236:17
milestone
264:10
million
39:9 40:17,20 41:1 43:4
54:4 112:10 113:16,19
113:20 114:2,2 210:17
211:2,4 213:13 215:2
219:17 220:22
MIN
241:1,9 247:15,16 248:7
mind
91:8 228:11
minimis
105:10
Minnesota
161:13 163:3 182:18,20
183:16 184:8,9 200:10
200:18 201:2,8 254:10
255:2
MINS
241:8 247:9,12,13
minute
81:1 94:2 187:2 226:4
261:5 269:19
minutes
21:15 24:10,13,16,17,19,20
37:4,6 91:8 196:21
mischaracterization
121:22
Mischaracterizes
90:1
mishandle
213:21
missing
228:8
Missouri
226:20 236:16
misspoke
145:21 184:17 185:1
mistake
100:8
mistakenly
55:10
Mm-hmm
10:8 180:20
MN
5:17
mo
253:12
modifications
116:8
modify
86:1
MOM
38:16,19,22 39:5,11,15,22
40:3,6,9,13,22 41:2,7,11
43:17 45:18,19 46:2
52:8 174:19 181:4
money
13:21 17:1 53:14,16 55:11
111:10 118:21 119:17,19
119:21 135:17 146:5
155:22 156:3 199:22
202:10,11,12,12,22
203:18 217:11 265:3
monies
211:17
monitor
146:2
monitoring
17:22
monitors
25:12,14
Monroe
6:2 226:19,22 227:14
Montgomery
1:1 7:8 123:9 214:21
month
20:14
monthly
118:16 152:8 159:12 180:1
180:4 258:6,14 259:3
months
17:10 27:4 39:7 178:19
196:2
Moody
205:18 206:5,6,11,12,22
207:5,7,14 209:2,9,11
209:14,21 210:9,12,14,21
210:22 211:9 212:5,11
212:14 213:3,7 215:2
218:7,14,18 219:10
220:1,11,13,13,19 221:5
221:11,20 225:2,6,9,14
226:9 227:8 228:9,21
230:4,10 231:2 232:7
232:20,22 233:13
234:19 235:6,9,10
238:2,21 241:20 244:3
244:4,11,13 247:16
248:3,6 252:14 255:13
257:4,17,18 258:3,6,14
258:18 259:3,6,7,15,18
262:1,1,2
mortgaged
93:8
mortgagee
32:4 33:7 34:14 35:2,7
35:11,14,17,21 36:13,21
38:9,11,13,16 45:10,16
45:19 46:1 47:1 50:7,13
51:17 52:6,7 53:6,8,9
53:11 54:5 55:12 56:7
56:10,17 58:21 59:6,12
59:14,17 60:1,14,15,18
61:8,20 62:8 65:21
66:17,21,22 71:1 73:8
77:15 78:11 83:3 84:2
87:18 88:10 93:5,17,20
96:3,3 97:7 114:9,12
164:11,12 170:12,13,22
183:3,21 185:6 189:7
191:16 192:12 193:8
197:6 204:9,19 207:1,10
209:2 210:6,13,17
212:18,21 213:7 214:7
218:19,21 221:16 225:11
236:10 254:13 255:7
mortgages
35:7 39:6,11,11,15,16,21
39:22 40:2,3,6,13,17,20
40:22 41:2,6,7,10,12
42:2,5,16 43:18 45:15
48:8 54:5 56:15,16
72:20 76:7 87:15,20
96:4 104:6 112:11,12
113:10,16 114:2,8 115:2
167:20 183:21 184:2,3
210:17,19 211:4 213:13
213:16 214:11 218:21
219:17 220:5,18 221:1
221:13,15 222:4 227:17
262:22
motion
253:11,12 258:2
motions
253:2
move
numbers
40:5,16 81:4 179:21
180:4 248:4
numeral
48:5 76:1 116:17 158:5
numerous
170:17
N.W
2:8
O
O
7:1
oath
163:20
object
22:13,20 26:17 27:9 28:3
31:15,16 32:1 33:12,13
34:6,21 37:11 44:3,11,17
45:2 46:5 49:13,14,21
51:1,13,18 55:13 57:2
58:8,16 59:1,8,8 61:11
61:12 62:14 64:11 65:9
66:10 67:11,12,20 68:5
69:2,4 70:4,13 71:4
74:18 75:2,12,13 76:15
76:16 77:17,18 78:6
79:21 81:21 82:9 84:5
84:13 87:6 88:19,21
89:5,6,20,21 90:7 93:9
93:19 98:20,22 108:4,5
108:22 110:16,20,21
112:16,17,21 114:4 115:5
117:19 120:18 121:20
123:12 125:15,22 126:1
126:18 127:18 129:4
130:15,20 131:5,8,9
132:6 139:4 140:1,7,17
142:7 144:11,12 146:16
148:3,4 156:16 160:11
160:15 165:7,8,15 167:3
169:20 170:2,10,21
172:5 173:20 176:22
177:14,15 178:1 179:14
180:7 181:8 186:2
188:18 189:5 191:19
193:1 197:8,15,19
200:12 201:10 203:6,20
203:21 204:5,11 206:8
206:9,19 207:6 208:13
208:20 210:10 212:1
213:9 215:16 219:2
229:9,15 230:5,6 231:1
232:8,10 233:3,4,16
234:13,21 235:2,12,14
236:6 244:14 245:4
249:18 250:3 254:20,21
255:10 257:5,8 258:7
258:16 259:8,16 265:5
265:18 268:15 269:5
objection
228:16,18 230:3,21
231:7,16,20 233:11
235:8 242:13 250:22
251:6,12 260:12,14,17
260:20 263:11,12
officers
15:15 22:3 23:5,7 25:2,2
25:7,15,22 26:3,8,9,13
26:15,22 27:2,3,7,15,16
27:17,21 28:8,10 31:7
31:10 79:13 80:13,17
85:13 121:6,7,8,9,9,11
121:14 130:13 131:4
132:11 135:1,5 138:20
141:21 142:4,6 145:6,6
146:4,7,8,9,14,21 147:1
147:2 148:1,8 149:12
150:5,7,15 151:9 153:4
154:18 181:5 196:16
207:16,17 215:12 231:22
245:1,12 250:14
offices
7:12 133:14 151:11 215:18
215:22
official
219:19
Oh
113:6 115:10 117:1,2
oil
11:22 12:11
okay
9:5 11:15 12:11 15:8 16:4
16:16 18:11 20:12 26:11
31:12 32:20 33:2 35:6
35:15,16 39:14 40:5
41:3,17 42:1 43:2,6,11
44:20 45:9,13 49:18
50:10 52:10 57:10 58:5
58:20 59:5 60:9,12
62:2 63:14 65:6 66:20
66:22 71:21 74:6,21
78:20,22 80:22 89:10
102:22 103:8 104:2
106:15 107:11 110:2
113:8 116:20 117:2
122:9 128:15,18 130:9
133:19 134:8 135:3,13
136:4 146:9 148:7,21
149:5,15 150:17 152:1,3
152:15,19,22 161:2
162:20,21 163:8 165:20
169:8 171:21 172:20
177:21 178:8,22 179:8
180:19,22 183:12 184:15
184:22 185:2 186:14
187:13,15,19 188:7
193:7,11 194:8 195:5,8
197:13 198:5 199:13
201:6 206:5 210:8,16
215:20 219:21 222:19
224:15 225:1 228:1
230:9,13 231:14,18
109:2
part
15:11,12 19:16 22:4,7
36:9,10,17,20,22 48:14
61:13,16,18 62:12 65:5
65:22 73:13 75:22 76:1
83:5 101:9 108:12
120:3 122:21 127:1
149:12,15 160:6 171:22
197:9,20,22 198:1
202:13 203:10 204:8
210:14 212:20 214:6
223:7,9 243:10 250:12
253:1 262:11,11,11
263:10,13,15 266:16
participants
169:13 227:8
participate
195:19
participated
12:22 195:20 196:14
participating
121:13
particular
12:19 49:22 70:9,11
108:16 153:22 204:21
213:3,5,6,15 219:16
226:16 228:21 232:4
245:12 254:3 266:7
particularly
253:19
parties
272:9
parts
14:20 64:13,20
party
61:7,14 99:20,22 102:17
116:11 118:7,10 129:1,12
131:16 140:14 166:3
211:20 220:8 247:21
268:11
pass
119:14,17 171:6
passed
157:2
passing
217:14
Pass-Through
226:13
Pat
195:21
patience
237:12
pattern
237:7
pause
182:7
pay
53:22 63:7 97:15,17,17,18
100:6 111:22 112:19
114:17 115:17 117:13,18
118:12 129:16 146:5,8
person
30:16 63:10 66:22 77:15
80:11 83:15 109:7
110:12 129:14 166:15
168:10 170:18 203:17,18
204:3 216:7 260:18,22
personal
20:22 57:17
personally
78:13 144:2 155:8 161:5
178:18 207:22 256:10
persons
28:18 31:9 130:18 141:20
179:12
perspective
102:15
petition
258:18
phone
180:4 262:9 263:6
phrased
102:3
physical
63:12,13 216:10,22 217:15
physically
215:15
Physics
10:6,7
picks
267:15
piece
190:8 203:17 256:16
pink
243:12
place
7:12 36:18 109:17,19
129:17 130:1 157:4,9
189:4 217:8 264:9
267:16 269:9
placed
246:2 247:8
places
170:7
plaintiff
1:4 3:2 8:4
plaintiffs
7:14 162:1 163:1,8
Plaintiff's
159:20 164:7 227:12
play
263:15
pleadings
250:13 253:1,2
please
7:15 8:6,16 10:1,11 12:15
20:10 23:9 29:10 31:18
59:21 64:9 81:4,8 95:6
107:6 122:6 128:14
133:11 141:22 162:16
164:10 171:4 186:16
219:6 228:5 243:9
244:1 246:17
139:21 140:19
powers
138:4 146:15
practical
16:12
practice
11:3,6,7,13,19 12:17 184:9
267:9
practicing
13:16
premium
16:15
preparation
227:21 255:21
preparations
245:2
prepare
24:17 163:16 174:8
227:15,16
prepared
138:12 156:10 163:14,17
172:2 180:15 226:17,19
231:5
preparing
171:18
present
4:3 23:22 237:19,21
presented
198:2
presenting
203:4
presently
8:18,20 112:11
presents
230:2
preserve
24:15
president
4:5 9:7 13:15 17:12,15
19:5,10 20:4,19 21:11
145:2
presidents
132:2 133:16 134:19
143:14
presumptively
267:22 268:2
pretty
28:1 87:20 236:19
prevent
95:18 248:3
previous
59:20 94:22 95:11
previously
21:2 46:4
primarily
11:20 12:18 13:21 16:15
32:22 33:22
Prince
5:22
principal
71:20,21 72:1 77:22 78:5
214:9 235:1 236:4
prior
9:8 28:1 35:1 89:9,10
94:20 95:7,11,17,22
122:18 125:18 126:8
127:17 128:2,5 144:1
163:6 171:13 175:8
178:20,22 179:2 183:2
190:22 191:5 193:18,20
196:13,16 253:15
257:20 260:7,10 262:12
private
194:5 195:2
privilege
162:14,16
privileged
149:6
privy
127:19
probably
14:5 19:7 20:7,14 23:10
26:4 39:1,7 40:7,12
68:20 92:4 112:3
136:13 147:13,15 155:3
157:11 172:19 174:12
178:13,15 196:14 216:4
218:10 236:11 241:17
242:15 265:10 269:14
problem
125:20 126:8 127:9 182:1
189:21 238:9 245:11,21
259:18 269:14
problems
228:7
procedural
243:10
procedure
6:7,8 80:15 159:15
243:19 249:13 263:2
procedures
80:18,19 86:9,12,15,16
100:15 142:13 144:13
147:5 150:2 244:18
245:7,8 247:6 248:20
249:2 264:6
proceeding
138:10 202:14
proceedings
85:22 128:2,21 129:11
261:17
proceeds
55:1 119:1 211:14
process
26:12 28:9 30:19 35:3
80:15 98:9 101:1,2,18
121:13 125:14 143:20
144:1 166:21 170:5
174:7 180:14 186:15
189:2 195:19 212:15
213:20,20 215:9 239:15
252:1 255:13 263:8,10
263:13,13 264:20
processes
264:6
processing
142:19 143:2 262:15
produce
86:16
produced
23:15 24:19 218:13
product
147:13,18
products
147:9 149:15 194:6
program
25:12
promissory
56:6,9 61:9 62:3,4,19
63:2,5,10,12,18 64:14
65:1,19 66:2 67:19
68:3 69:14 70:11 71:7
72:2,3,13 83:16 87:4,10
87:14,20 88:3,6,9,12
89:3,10,15 91:15,20
92:6 94:16,19 95:4
98:18 99:4,13,20 100:1
100:3,6,11,17,18 104:5
106:9 107:16,22 108:2,9
108:14,15,19,20 109:5
109:20 110:19 111:17,21
114:13 123:17,20 137:7
137:9,15 140:5 156:10
156:21 158:9,17,20
163:4,9 165:5 174:19
180:12 181:18,20,22
182:5 201:20 202:3,4,5
203:3,5,11,15 205:7
206:7,10 207:4,11
208:11,18 213:6,15
214:2 215:1 217:8,15
219:13,16 220:4,14
222:11 223:20 224:20
225:2,6 234:10,15,16,20
235:6,10 236:4,9 243:5
243:15,16 244:5,9,20
249:16 250:8 254:15
255:7 262:2
promotion
20:9
prompt
30:16
promulgated
32:22 34:11 160:1
proof
138:18 139:1 242:6
proofs
138:10 159:6 182:4
propagated
160:1
proper
138:4 268:14
properly
212:16 243:5,14,16
property
48:3,11 49:4,16 67:8
236:15 237:1,8,17,20,22
238:22 239:3,13,22
244:15 245:4 246:19
247:12 249:18 250:18
252:7 254:6,21 255:11
257:5,8 258:7,16 259:9
259:16 265:5,19 268:16
269:19
rasa
238:17
rate
9:18 17:20 172:7 193:16
198:3
rated
6:9 194:6 195:2 198:9
248:12,13,14,16
rating
193:18 194:9 197:10
198:12
ratings
199:16
ratio
40:7 41:4
rationale
24:3 81:18 101:10
RBS/MBS
197:7
RDR
1:22
reach
39:8 178:5
read
59:21 60:7,7,8,10 61:3
81:8 122:22 133:11
157:6 160:17 163:17
183:8,10 228:4 253:12
254:19 255:1 258:11
259:18 271:4
readily
154:12
reading
258:9
real
63:8 103:9,15,18,22 104:6
105:14 123:19 184:14
really
10:10 77:10 112:2 245:21
reason
15:17 51:17 58:5 88:17
91:1,3 94:15 95:17
137:3,17,18 169:22
173:21 174:3 181:13
273:5 274:5
reasons
82:17 90:22 91:17 94:14
95:14 119:8 157:18
rec
179:19
recall
15:17 19:7 24:8,14 34:11
39:10,18 57:3,20 63:20
105:8 161:19 253:3
reports
72:5 148:21 210:20
repository
218:13,18
represent
7:16,18 8:3 46:19 73:19
226:2 227:13 240:21
258:3
representation
11:20
representations
80:16 220:7 222:17
representative
7:5 56:1 96:1 208:2
represented
13:3
representing
7:22 219:9
request
28:7,20 128:7 139:21
144:17 170:19
requested
28:20 70:2 126:10 231:10
requesting
25:17 127:14
requests
80:16
require
81:11,13,16 82:14 83:1
102:9 107:15,19 109:5
129:19 163:5 176:18
190:8 198:14 267:5
required
16:21 49:5 53:21 54:22
58:10,11 64:4 115:8,14
137:21 152:7,12 166:15
168:1,21 174:8 189:13
191:13 246:11 266:15
268:11
requirement
27:5,8 31:9 54:5 108:18
110:1 173:13 184:6,9
requirements
15:22 104:22 137:20
requires
82:20 93:3 180:3 266:20
reserve
199:9
Residential
195:16 196:7
RESMA
232:5
resolution
5:8,12 14:19,21 23:11
29:11,20,22 85:20 86:6
119:3 131:22 132:4,15
132:22 133:4 134:5
135:1 136:19 137:4
138:13 141:18 142:1
143:11 144:9 146:15,22
150:11 158:13
resolutions
122:2 158:8,11
resolution's
23:14
resolved
133:12 240:3
RESPA
168:2,8 172:17
respect
26:11 46:1 47:7 51:22
52:14 53:12 61:3 62:17
63:9 65:16 67:19 68:2
70:9,11 72:11 74:11
85:1 93:5,15 102:22
106:1 124:21 128:21
145:22 151:11 160:5
179:12 195:1 197:3
203:14 205:14 218:14
225:7,14 228:20
238:22 239:18 245:1
250:15 251:2 252:3,19
253:9 256:4,11 257:17
respective
27:21
responded
258:3
response
117:21 225:1,5 253:11,12
responsibilities
225:6 248:22
responsibility
24:1 34:3
responsible
9:17 17:22 19:13,14,19
121:1 170:5 190:7
260:15
rest
124:4,7
restate
31:17 104:4
Reston
4:8
restricted
119:18,20
restructure
86:1
result
6:3 63:14 68:3 119:15
175:1 202:12 211:6
233:12 241:8
retain
169:6 202:11
retains
211:13
retrieval
151:17
return
231:11 273:3 274:3
revenue
209:13,18
revert
200:1
review
37:6 260:10
reviewed
34:7 107:19 240:7,10
252:20 255:21
RFC
195:11,14
Rhode
236:16
Richmond
6:2 226:19,22 227:14
right
10:3,11 11:12 12:2 14:13
15:6 16:7 17:2 20:9
26:22 27:16,18 28:18
29:20 30:9,14 31:3,14
31:22 32:7,13,15,18
33:4,11 34:3,20 35:18
38:1,7,17,18 40:18 41:15
44:15 45:4,11,18 47:5
47:22 48:11,18 49:2,4,7
49:12 51:12,17 52:5,10
53:11,12 54:1,2,16 56:4
56:22 58:1 60:7 62:13
63:11,13 65:8 67:1,8
68:13 69:10,14 70:12
71:6,8 72:3,4 74:11,17
74:22 75:9 77:1,6,12,14
78:1,3,4,5 79:1 81:19
82:18,22 84:12,19 85:14
86:7 87:11,21 88:15
91:21 92:5,14,22 93:4,6
93:16 97:19 98:1,19
99:4 100:9 101:7 102:1
102:4 103:19 105:9,12
105:22 107:5,9,22
108:3 109:7,16 112:8
114:21,22 115:6,7,12,13
116:4,15,18,21,22 118:7
119:7 121:5 122:11,13
123:3,15 125:6,8,14
126:4,17 127:4,10
128:10 129:7,8 130:3,13
130:19 131:7 132:12,22
133:7,9 134:1,3,6,9,21
135:12 136:5 138:5
140:5 141:9,11,15 142:2
144:17 149:21 150:3
151:3,7 158:17 159:10
160:14 162:14 163:21
164:3 166:13,16,19
167:2,17,20 168:2,8
169:14 172:1,13,17,18
173:2,10,12,19 174:6,10
174:16 175:3,5,8 176:2
177:13 182:5 183:7,19
184:20 185:11,14,18
186:6 187:13 188:2,4,14
188:17 189:1,4,22 194:7
194:15,18,20 195:1
197:18 198:20,21,22
199:18 200:1,6,6,7
202:17 209:10 212:22
S
S
3:1 4:1 5:5 6:1 7:1
133:13 273:1 274:1
salary
146:5
sale
48:11 49:4 101:20,21
102:12,15,18,19 103:3
109:14,17 123:6,10,15,15
123:17,19 165:4,5,10
168:16 172:13 184:6
202:13 211:14,17,17
263:19 268:11
sales
123:8 166:22 189:4
Salt
228:13 231:12 238:2
Sandy
55:18
save
38:19
savings
13:7 15:6,9,10 174:9,11
saw
169:8 253:7,18 257:10
saying
16:16 35:13 81:14,18 111:7
125:11 130:17 140:8
157:2 158:11,12,16,18
166:1 167:6 170:12
173:6 174:2 187:10
190:15 195:1 211:16
213:2 216:20 232:16
234:15,19 236:8
says
29:22 31:8 33:3 46:20
47:6,21 48:2,5,7,12,13
48:20 51:16 52:18,19
74:22 75:9,14 76:6
83:5,8 86:2 100:6
114:16 115:11,20 116:2,7
116:13 117:12 119:4
122:11,13,16 123:5,14,16
128:19 129:5,10 131:2
133:19 134:2,4 135:18
137:6 138:3,6 157:19
158:6 160:20 164:16,20
164:21 171:5 174:17
224:3 227:20 230:7,7
230:11 231:10 232:18
244:8,16,16 248:10,17
249:1,9,11 259:4,4
267:1
scan
219:19
scanned
222:15,16
scanning
222:11
scans
219:16
scenario
84:4 173:19
school
10:20,21,22 11:1,16 68:21
77:8,9
science
10:15
search
6:3 240:21 241:7,8,9,15
SEC
186:20 187:8
second
23:17 29:15 34:17 46:10
47:10 113:1 117:3
122:22 183:9,10,13
228:2,3 239:5 241:2,5
243:11 258:11
secondary
98:7 166:10 167:2 169:6
169:12 181:2 187:22
190:11 197:7
secretaries
132:2 133:16 134:18
143:14
secretary
21:13,14 145:2
section
48:3,19 81:3,5,5 116:1
117:15,16 123:7 128:19
138:11 157:19 158:4
175:4 224:21,22,22
225:12,12 262:14
sections
49:10 225:5
section's
224:13
secured
65:20 77:16 87:15,20
88:6,12 89:11,15 94:16
99:8,13,21 103:9,12,15
103:18,21 104:6 110:13
174:19 219:9,17 221:13
222:4 232:19 262:2
secures
71:7 116:3,7 209:10,11
213:8
securing
14:1 67:1 132:14 133:21
220:19
securities
6:9 12:18,19,22 188:13
193:16,18 194:6 248:12
248:13,14,16
securitization
65:7,15,17 66:7 98:1
100:21 101:2,10,18
102:22 166:22 171:17
172:3 174:7 180:12,16
180:16 181:3,7 189:11
190:9,18 196:6,11 232:3
232:18 238:12 246:2,6
246:8,10 247:8,11
248:11 249:6,7,12
266:4,11,15,16 267:4,7
267:11,13 268:10 269:1
269:10
securitizations
103:1 106:2 109:5 195:3
246:7
securitize
107:21
securitized
66:12 102:18 107:8,12
111:4,8,18 185:21
193:20 194:4 226:3
238:2,4,14
security
32:11,13 35:2,21 45:20,20
47:2 48:7,22 49:6,19
64:14 65:1 69:13,15
70:6,10 71:6 75:4,6
116:2,14 117:16 122:20
140:15 203:15 218:18
254:15,16 255:8
see
47:22 48:3 52:20,21
86:6 100:5 116:16
143:5 160:18 185:7,17
212:8 228:11 236:15
240:2 245:6,18 259:1
266:12
seek
193:10
seeking
193:7
seeks
100:18 108:9 110:19
seen
40:17 51:3 93:13 159:21
160:5,8 169:9 170:7
190:12,19,21 226:5
257:21 261:2,4
Select
231:10,11,17
sell
98:3,5 115:8,13 165:17
169:5 173:13 188:16
seller
131:13 137:20 171:1
266:20
selling
101:2,14 165:17 166:20
168:15 171:15 190:11
sells
181:1
send
159:12
sends
168:6,7 264:22 265:1
senior
5:20 19:10 20:4 21:11
212:13,14 213:18,19
sense
showed
191:8
shown
52:22 53:1 119:6,15
263:20
shows
245:18 268:6
sic
67:16
sign
21:20,22 22:3 61:4 70:3
121:18 122:3 130:19
134:18 138:13 139:21
142:2,5 144:10 155:8,9
156:6 164:1 181:5
229:18,19 263:16
signature
222:12,14,18 269:22
271:11 273:21 274:22
signed
75:10 131:22 141:19
163:17 219:16 222:11
231:14 271:7
signers
228:8
significant
27:7
signing
5:13 68:3 79:19 131:4
141:20 142:4 144:1
155:11
similar
17:19 132:19,21 133:1,5,6
139:19 143:16 186:17
187:17 216:19
simply
144:9 154:5 166:15
185:22 189:14 190:11
238:17 264:10
single
86:22
sir
8:20 9:9 10:1 20:10 23:9
29:10 56:14 64:9 76:11
82:6 162:15 164:10
165:3 211:12 243:9
Sirote
3:10 7:17 263:21 264:1
sit
25:1 256:13
site
28:12,13,16 174:21 175:16
176:12 179:20 227:14
sitting
235:7
situation
82:2 87:4 95:9 130:18
154:20 166:18 182:2
191:6 219:15
situations
94:19 95:15 118:15
six
3:11,17
Southwest
228:13 231:12,18
spats
240:2
speak
26:6 27:15 165:4
speaking
27:16 34:12 56:16 71:9
92:15 93:1 101:8 113:19
121:14 128:3 151:14
165:5 169:4 188:3,12
267:4
speaks
227:18
special
101:11,17,22 136:22
252:15
specialists
253:8
specializes
228:6
specific
23:11 27:5 104:8 107:2
108:14 109:6 268:12
specifically
22:7 46:20 103:8 109:7
109:13 138:1 143:21
161:19
specifics
24:8
speculation
181:9 232:11 233:4
speech
239:1
spell
12:15
spend
148:8 155:11
spent
100:20
sponsor
98:1
Sprague
12:13,15 13:4,6
spring
36:14
SPS
71:15 230:20 231:5 232:6
232:6
SPV
101:10
stable
105:18
staff
11:22 12:7
standard
32:13 46:2 132:4 136:18
136:18
start
43:2 44:13 79:10 205:12
224:15 239:15
started
216:21 238:13
state
7:15 8:15 10:2,16 11:2
29:13 56:20 57:6,11,21
58:12,14,15,18 64:3
67:7 74:12 93:22
126:20 163:3 182:17
183:20 185:5 228:3
254:11
statement
5:14 61:10 77:4,6 82:6
82:22 160:10,19 170:9
180:1,4 209:6 227:20
242:21 243:4 253:16
257:9 258:4,5 259:2,6
259:18
statements
13:2 160:13 161:7 210:1,9
210:20 211:1
states
29:18 50:18 96:4,7 117:17
161:13 171:17
static
105:13,16
statistics
10:15 41:5,9
status
44:14 57:13 58:20 59:12
60:14 93:22 135:10,20
136:10 144:7 151:13,19
152:11,16 176:15 180:6
191:16 193:8 229:3
statute
180:9
statutes
219:14
stayed
27:14
Steffan
1:22 2:19 272:2
stenographically
272:6
stipulations
61:2
stock
37:19 38:6
stop
91:6 94:3 154:2 201:7,14
236:14,21,21 239:5
251:21 269:19
stopped
25:10
storage
151:17
strange
235:21
strategy
149:19
Street
4:7 101:3
strike
248:5
Supreme
77:12 254:11 255:1
sure
21:9 30:19 31:8,12,20
33:9,14 35:12 36:19
37:8,12,22 38:15,21
41:5,9 44:4 45:18
46:10 61:5 62:17 63:8
65:16 72:17,19 80:11
83:14 87:10 89:9 93:15
95:7 96:1 102:3 109:4
130:21 144:4 149:22
151:4 161:11 163:11,16
169:15 173:3,4,5 174:2
183:11 187:17 198:13
211:7 214:19 221:19
222:22 229:10,21 232:2
232:18 234:7 237:1
239:7 251:4 258:11
260:6 263:11 269:4
surety
199:10
surrounding
137:12 144:20
suspend
237:15
swaps
18:2
swear
8:7
sworn
8:10
synonymous
167:6
system
1:7 6:4 7:19 9:19 17:21
20:13 25:12,14,21 40:20
41:13 42:9,11,13,14,17,19
43:3,5 72:16 81:10,12
82:20 92:21 95:14
98:14,16 112:12,20
113:20 114:3 119:6
124:17,20 125:1 127:7,8
128:4 129:13 130:7
132:14 133:15,21 141:12
144:8 151:12,15 152:6,18
152:19 153:6,7,12 154:8
154:10 164:14 169:3
173:6,19 174:9 176:20
177:9 179:13,20 182:19
190:5,15 193:15 196:19
204:2 208:9 211:5,9
212:6,12 213:14 214:12
215:2 218:15 219:1,6,7
219:12,12,18,22 220:3
220:12,15,17,18,21 221:2
221:6,11,14,21 222:4,7
222:11 225:18 228:22
229:3 234:5 240:7,11
240:14,18,22 241:12,12
241:16 242:8,9,17 243:1
246:1,3,6 247:9,20
249:15 250:1,5 257:2
264:8,12,13,14,15,18,19
266:3,9 269:9
systematically
150:21
systems
5:11 28:11 46:21 79:11
125:5 135:2 143:15
151:14,16 152:15 154:11
220:13 226:9 231:3
248:1,2 269:6
T
T
5:5 6:1 273:1,1 274:1,1
table
167:1
tabula
238:17
take
24:18 34:18 36:18 49:5
71:9,19 74:2 76:18
82:7,20,21 92:9,9 96:9
113:13,17 115:8,14
117:10 122:2,2,22 144:9
147:20 154:6 167:1
178:9,9,11,20 183:9,10
186:16 192:10 216:3
217:3,8 222:8,20 224:8
224:11 226:4 245:7
256:8 258:11 264:16
267:16
taken
14:18 17:1 46:12 94:8
105:21 106:15 117:6
142:3 146:1,14 150:14
151:9 161:10 182:11
223:2 239:9 240:17
261:11 272:4,6
takes
109:17,19 120:5,7 166:11
talk
26:15 32:12 44:7 50:11
51:10 56:13 61:2 75:6
89:9 113:7 118:8 151:10
166:19 174:2 205:2
239:6 257:15
talked
21:12 43:20 44:21 49:10
64:7 76:5 77:21 83:21
83:21 117:14 118:6,8
128:18 129:2 138:21
139:20 186:15 196:1,3,4
201:20 225:12
talking
27:17,18,19 42:15,18 43:7
44:13 45:14,18 48:15,16
49:22 54:15 65:14
78:13,14 91:12,13 94:14
109:4 117:11,12 132:4
transferred
72:13 81:15 87:4 102:17
110:7 111:21 112:1
118:17 184:5 215:14
243:5,14 246:10 254:16
255:8 262:19 266:15
transferring
98:15 101:1 108:14 165:11
166:21 217:10 230:9
transfers
163:4 170:13 171:1 201:13
220:8
transpired
250:5
treasurer
14:9 15:2
treatment
103:19
Trent
55:18
trial
58:2,6
trigger
118:2
triggers
118:1 206:21,22
trouble
158:1
true
54:4 64:1,1,2 101:20
102:12,15,19 111:10
140:14 141:6 166:16
175:11 176:7 211:12
257:10 271:5 272:5
truly
211:20
trust
14:19,21 72:9 96:21 97:1
97:8 101:2,15,16 102:19
102:20,20,22 103:3,20
104:3,5,10 105:1,2,7,10
105:13 106:1,9,20,20
107:3,11 108:1,16 109:6
109:10,10,16 110:5 111:4
111:9,18 133:9 134:9,20
135:4 141:12 153:1,15,19
154:4 167:2 180:16
181:3,7,13 185:21,22
186:1,7,18,21 187:7,8,11
187:12 188:2,7,8,11,16
191:4,5 198:11 199:8,17
212:5,11 213:8 226:12
232:21 238:2,14 246:8
268:13
trustee
107:20 108:21 109:6,13
110:6,7,9 135:4 159:12
181:13,16 186:9 188:13
191:1 199:20 200:1
226:11 246:10 266:21
267:2,6,6,10,11
trustees
159:12
trusts
106:13 107:7,15,20
truth
175:2 176:17 177:12
237:9
truthful
163:22 242:20
try
22:11 95:15 153:14 165:14
212:8 239:16 256:10
trying
93:14 100:17 170:9 178:4
201:12,14 221:17,18
234:2 237:9 239:18
240:1
turmoil
175:3
turn
164:9 229:18
two
12:6 14:5,14 19:7 20:5,14
21:2 27:4 49:10 60:5,5
64:13 79:6 80:4,5,6
82:17 86:20 94:10
124:18 173:12 182:9
184:18,19 186:3 187:9
187:15 189:22 195:9
196:8 206:7 228:1
241:21 242:3 244:10
type
24:16 86:22 95:19 119:17
146:6 217:13 219:22
types
95:15 102:10 199:11
234:6
typewriting
272:7
typical
76:22 77:19 87:4 102:22
123:21 136:13 148:7
167:7,7 188:19 245:13
typically
32:15 65:6 77:14 78:17
89:12 90:4 93:2 103:21
105:13 106:15,21 108:9
109:5,9,12,20 123:19
138:22 139:1 166:21
167:14,22 168:4,10,21
171:6 176:2 183:1,20,22
186:19,19,21 187:7
188:7,9,14 194:18
199:19 245:11 246:5
247:21
U
UITA
219:9
ultimate
34:9 191:1
ultimately
68:19
verification
242:16,18
verifies
146:19
verify
80:16,19 129:22 130:2
142:3 233:10 250:16
251:1,16,16 252:3
257:14
verifying
149:20 226:21
version
74:5,6,7,8 81:7
versions
50:17
versus
7:7 55:18 161:14
vested
186:9
veteran
252:16
vice
4:5 9:7 13:15 17:12,14
19:5,10 20:4 21:11
132:2 133:16 134:18
143:14 145:2
video
7:10,11
Videographer
4:11 7:3 8:5 23:18,20
46:11,15 94:2,4,9 117:4
117:8 182:8,12 223:1,3
239:8,10 261:5,8,12
269:20
VIDEOTAPED
1:14 2:1
views
84:3
violate
162:16
violation
172:17
Virginia
4:8 120:9
virtue
59:6 73:5 205:17 207:4
209:2 244:12
vis-a-vis
44:14 125:10
voice
38:20
void
233:13
voluntarily
176:19
VP
5:20
vs
1:5 273:2 274:2
W
Wait
113:4 187:2
waived
269:22
walked
268:20
walking
208:22
Wall
101:3
Walsh
133:12
want
31:12 96:1 109:22,22
128:13 162:12 178:10
185:2,3,19 187:9,18
194:13 197:5 214:20
215:5 228:4 237:1
239:12 240:1 261:7
269:16,18
wanted
14:2 71:14 126:12 131:17
154:2 170:3,4 181:14
wants
109:20
warehouse
85:4
warrant
177:21
warranted
177:17
Washington
1:16 2:9 7:13
wasn't
28:2 36:8,8 44:19 190:20
197:10,20
water
222:21
way
10:9 24:15 30:22 41:19
68:16 100:10 102:3
104:1 110:8 136:17
150:17 152:7 168:13
170:12 174:22 177:8
179:8 183:1 188:21
190:17 193:22 198:19
210:16 212:4,8 213:4,14
217:2 226:20 235:11
238:5,19 245:13 250:9
254:12 261:21 263:8
264:11,12 268:13
web
5:8 28:12,13,16 174:20
175:16 176:12 177:19
179:20 227:14 241:15
Wednesday
1:17
week
123:8 155:11 178:15
weekly
152:8
weeks
64:7 90:3 123:9
welcome
239:20
Wells
100:7 195:11,22
went
10:2,20,20 12:13 13:7
18:11 19:2 46:3,4 47:15
68:21 185:5 196:18
199:15 223:5
weren't
37:16 185:6,16 229:5
237:19,21 238:10
wet
219:16 222:12
we'll
73:19 83:9 119:21,22
216:21 236:21 239:14
we're
7:3 10:10 23:20 27:17
42:15,15 46:15 47:10
50:11 51:22 54:15
59:14,14 60:1,1,15,15,22
62:20 63:6 66:21 67:7
71:19 91:12 93:21 94:9
109:4 113:4 114:9,14
117:8 138:2 182:12
184:18 187:20 189:19
194:3 203:12 207:7,10
209:2 212:13 213:17,20
216:2,2 223:3 224:16
230:15 234:17 236:21
236:22 237:2,6 238:8
239:10 242:18 248:8
261:12 263:17 264:11
265:6
we've
56:14 70:1 100:12 132:4
135:14 142:10,10,12
178:18 206:15 215:17
236:15,15 237:5,11,12
238:6 263:22 268:4
whatever's
135:13
whatsoever
125:20 235:22
WHEREOF
272:11
whichever
125:13
whim
51:12
wholesale
13:14,16,21
widely
39:3,4
William
1:14 2:1 5:2,15 7:5 8:9
8:17 94:5,11 182:9,14
261:9,14 270:1 271:3
wished
94:17
witness
8:7,10 22:14,21 26:18
27:10 28:4 31:17 32:2
33:14,20 34:7 35:1
37:12 42:18 44:4 46:7
49:15,22 51:2,14,19
55:14 57:3,20 58:9,17
59:2 61:14,20 62:15
65:10 66:11 67:13,21
68:6 69:3,5 70:5,14
74:19 75:3,14 76:17
77:19 78:7 79:22 82:10
84:6,14 87:7 88:20
89:7,22 90:9,12,16 91:9
93:10,20 98:21 108:6
109:1 110:22 111:14
113:6,8 114:5 115:6,10
117:20 120:19 121:21
125:16 126:2,19 127:19
129:5 130:21 131:11
132:7 137:11 139:5
140:2,8,18 142:8 144:13
146:17 149:5 156:17
158:11 165:9 167:4
170:3,11,22 172:6
173:21 177:16 178:2
179:15 180:8 181:11
186:3 188:19 189:6
191:20 195:14 197:9,20
200:13 201:11,17 203:7
203:22 204:6,12 206:1
206:10,20 207:7 208:14
208:22 210:11 211:16
212:2 213:11 214:14
215:17 216:2 219:3
227:20 229:10,17 230:7
230:11 231:2 232:9,15
233:6,18 235:3,13
236:8 244:16 245:5
246:20 247:11,13
249:19 250:4 252:9
255:12 257:9 258:8,17
259:10,17 265:6,20
268:17 269:6 272:11
woman's
196:9
women
196:8
Wooten
3:3,4 5:3 7:14 8:3,3,14
22:16 23:4,17,21 24:6
25:8 26:20 27:11 28:6
28:22 29:2,6,9 31:19
32:5 33:16 34:2,10
35:5 37:14 38:12 41:14
42:21 44:6,12,18 45:3
46:9,16 47:12,15,20
49:17 50:2 51:9,15,21
54:17 55:16 57:5,22
58:13,19 59:4,10,20
worked
9:10 11:17 12:20 17:14
21:2 123:22 124:1,2
working
9:2 235:20 256:21
works
41:4 252:2 253:8
world
219:16
Worthington
11:17
wouldn't
24:11 27:8,12 32:2 35:19
53:4,4 54:7 55:14
66:19,19 68:7 83:4
88:4 90:9 104:1 107:1
113:13,17 118:21 177:18
177:18 190:12 204:12
217:1 230:17 242:11
248:15 267:18
wound
105:11
wrap
237:13,14
wrapping
236:12,14 239:16
write
238:18
written
113:13,16 192:14
wrong
140:11 224:3 229:18
wrote
192:1 224:2
X
X
5:1,5 6:1
Y
yeah
38:13 42:14 51:22 74:10
77:7 79:7 80:11 82:12
83:21 132:9,10 147:20
169:11 172:7,19 182:6
222:8 229:18 243:13,18
243:20 266:1
year
9:1 10:11,20 14:5 26:21
175:6
years
9:1,21 11:8 12:6 13:5,10
14:5,14 18:7,18 19:8
20:5 27:4 55:20 77:10
107:4,12
York
10:17 11:2,18 12:14 13:8
17:13 68:21 106:1 107:9
Z
Z
25:18
zero
113:13,17
$
$6,400
257:4
$696.93
258:19
0
07
52:18
08
47:22
08-CV-305
5:16
1
1
1:21 5:8 29:3,4 86:7
128:19 132:12 133:2,3,4
133:11,19 134:6 137:6
143:11,17 171:22 173:10
1st
232:4,19 258:15
1(A)
134:17,20
1-168332
1:20
10
5:22 81:3,6 107:4,12
171:5 225:20,21 228:11
244:1,11 245:2
10:05:46
46:11
10:23:12
46:15
11
1:17 6:2 224:22 227:9,13
228:12
11th
7:9
11:28:53
94:6
11:36:55
94:9
1111
2:8 7:12
12
6:3 182:19 183:11 240:4
240:21 247:1
12:07:05
117:4
12:08
117:6
12:48
117:6
12:48:46
117:8
120
222:2,5
13
6:5 9:1 240:4 243:9
244:8 247:2,3,4
130,000
222:2,5,7
131
5:11
1318
231:12
135
222:9
14
6:7 246:20,22 247:4,5
248:18,20
14:14:33
182:10
14:29:19
182:12
143
5:13
15
6:9 107:4,12 123:7
246:13,17 247:4
15:26:12
223:1
15:35:18
223:3
159
5:14
16
6:10 147:18,21 148:7
150:3,10 255:15 256:14
16:01:12
239:8
16:05:33
239:10
16:41:13
261:10
16:45:30
261:12
16:55:26
269:20
164
5:15
17
17:10
18
27:4 39:7 77:11
18.0
243:21
1818
4:7
1890
77:11
19
77:11
192
5:18
1973
10:12
1976
10:16
1977
10:17
1988
15:21
1989
15:21
1990
15:7
1996
9:3 38:5
1997
36:4 38:5
1998
9:4 20:3 23:10 36:14
38:6 39:2,14,22 194:2
1999
20:7 191:16 192:11 193:18
193:21
2
2
5:9 46:13,18 48:5 70:1
75:8,8 76:1 81:5 114:16
115:3 116:17 122:6,7,8
138:7 158:4 224:21
2(A)
157:19
20
31:2
200
3:17
2000
20:6,7 257:7
20004
2:9
20007-2
226:13
2001
131:22
2005
180:13,13,14,19 181:2,3
2006
157:12
2007
232:4,19,22 257:4,7
2007-2
226:12
2008
74:7 226:15 232:22
233:2 258:4,15
2008-900805
1:7 7:8
2009
1:17 7:9 43:13 180:16
181:7,13 243:21 272:12
20190-5619
4:8
2026
47:4
205-930-5100
3:18
334-246-4409
3:7
3389
3:5
34
12:22
35
77:10
35205
3:12
36831
3:6
3815
228:13 231:12,18
3
3
5:10 73:19,21 86:13
128:10 132:21 133:3
134:5 143:17 157:19
158:5 224:3,18
30
31:2 253:14
30(b)(6)
1:14 2:1 7:4 56:1 94:5,10
182:9,13 208:1 261:9,13
270:1
300
4:8
3001
138:11
3003
138:12
305-415-3456
3:19
31
43:4
33
13:2
33131
4
4
5:11 81:3,5 131:18,21
133:2,3 134:8,11,13
171:4 223:17,19
4(A)
81:6 225:12
4(B)
224:21
4.1
187:7
404
175:4
41
13:1
45
253:15
46
5:9 80:3,12
47
80:3,12 147:19
5
5
5:13 143:6,9 249:5
5:00
214:17 269:13
5:10
270:2
50
43:16,17 87:17 96:4,7
501
138:11
502
138:11
5300
3:17
6
6
5:14 119:3 159:17,20
224:22
62
40:17,19,19 54:4 112:10
113:16,19,19 114:2,2