Under the Second Amended Plan, the holders of Allowed Consumer Creditor Claims are entitled to receive on account of their claims their pro rata shares of the Net Cash Proceeds from the Plan Sale Transactions and subject to the approval and consummation of the Global Settlement, their pro rata share of the $5,000,000 Fund, which will be made available as a carveout from the Term Lenders collateral . CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS, Dont Miss: How To Take Out A 2nd Mortgage. If we can verify it in our system, an email will be sent to you with your password. As a result of their efforts, we have continued serving our customers throughout our court-supervised process.". When there are fewer days between payments, less interest is owed and more of the payment is applied to principal. Amount of interest will increase some months even though principal is reduced. at 54:16-25 see alsoid. Shellpoint Mortgage Servicing Information. Bexar County ET AL VS Jaime S. Rodriguez ET AL, Michael Coyle et al vs Dennis Coyle et al, U.S. Bank National Association vs. SAUL GALVAN, U.S. Bank National Association vs. Moises Aguilera Ortiz, U.s. Bank National Association Dba As Elan Financial Services vs. Sherri L Uzzel, Noel v. Equifax Information Services, LLC et al, ESTEP et al v. SHELLPOINT MORTGAGE SERVICING et al. Not lowered but raised. Calling ALL victims of Green Tree, Ditech. Additionally, New Residential will assume certain Ditech office spaces and add approximately 1,100 Ditech employees to support the increase in volume to its existing origination and servicing operations. I would 808, 809. But the company is not closing. Will paying off my mortgage raise red flags with the IRS? , Resorts Intl v. Lowenschuss , 67 F.3d 1394, 1401-02 requires that plan comply with section 524 of Bankruptcy Code ) In re Beyond.com Corp. , 289 B.R. See Snellenbarger Decl. In addition, your pets are welcome in Shadow Lake Village. on 6/17/2021, answer due 8/16/2021. They say that the Court should approve the settlement because it was negotiated in good faith and at arms length and is an essential element of the Second Amended Plan. Waiver sent to U.S. Bank N.A. By taking the right steps and with the right legal representation, you can protect your rights and your home. For more information about Ditech, please visit Ditech website at www.ditechholding.com. Then there is Greentree Mortgage, who is also associated with the Fort Washington people. Make sure you have an experienced foreclosure defense attorney by your side that will navigate you through the process and give you a fair chance at . Andrey is a coach, sports writer and editor. There are no Net Cash Proceeds. In addition, Monmouth County provides a medical transport bus service which will provide non-emergency transport to any Monmouth County medical facility. (eh) (Entered: 06/21/2021), (#3) ORDER REASSIGNING CASE. Just one day after selling Reverse Mortgage Solutions to Mortgage Assets Management, the nonbank formerly known as Walter Investment Management sold off its forward mortgage business Ditech Financial to New Residential Investment for $1.2 billion. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the results or conditions described in such statements or the Company's objectives and plans will be achieved. Please note, when you contacted Shellpoint on February 23, 2023 to reinstatement the loan, the amount quoted included six monthly installments in the amount of $560.44, along with nine monthly installments in amount of $454.16. Resolution Sought 4 Will paying off my mortgage raise red flags with the IRS? In review of your payment history, we have received two payments where you requested additional funds to be applied towards principal on May 21, 2021 and September 21, 2022. About Shadow Lake Village. 2023-02-15, Santa Clara County Superior Courts | Property | Shellpoint Mortgage Servicing was the top servicer of loans in non-agency mortgage-backed securities issued during the second quarter of 2020, according to a new ranking and analysis by Inside Nonconforming Markets. Statements that are not historical fact are forward-looking statements. The information on the Company's website is not a part of this release. Address of Website Businesslending.ditech.com Corr.NewRezCorrespondent.com Bailee Information Ditech Financial LLC or its Custodian, Wells Fargo NewRez LLC C-O Wells Fargo Bank . At this time, the homes in Shadow Lake Village are not approved for low down payment FHA financing. New Residential is organized and conducts its operations to qualify as a real estate investment trust ("REIT") for federal income tax purposes. As of the date of this letter, the loan is next due for the April 1, 2023 monthly installment of $560.44. Communications and payments for your loan should be sent to the new servicing company. The underwriting has been a nightmare because we were approved 3 months ago on the original loan for more than 2x the refi loan was supposed to be with Ditech. Although the Company succeeded in deleveraging its capital structure through the WIMC Chapter 11 Case, the Debtors continued to face liquidity and performance challenges that were more persistent and widespread than they had anticipated. In 2005, DiTech was organized as a business unit of Residential Capital, LLC (often referred to as "ResCap"), which controlled mortgage-related subsidiaries owned by General Motors Corporation. (Fischer, Cynthia) (Entered: 07/19/2021), Docket(#8) WAIVER OF SERVICE Returned Executed. Interest accrues daily and if more than 30 days have passed since the last time interest was paid, more of the regular payment will go to satisfy that amount. What happens when a mortgage is paid off? And it should have no impact on your credit score, says Whitman. Our easy-to-use platform keeps your data safe and secure while you fill out the application. On August 31, 2015, Green Tree Servicing became ditech, a Walter company. Make sure you have an experienced foreclosure defense attorney by your side that will navigate you through the process and give you a fair chance at obtaining a reasonable outcome. The Consumer Creditors comprise the most numerous creditor constituency in these cases. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm. See Notice of Designation of Stalking Horse Bid and Request for Approval of Stalking Horse Bid Protections Notice of Designation of Stalking Horse Bid and Request for Approval of Stalking Horse Bid Protections . 2023-04-14, Bexar County District Courts | Tax | Id. 60. About Shellpoint Many of our team members are homeowners themselves, with mortgages, spouses, and families. Cautionary Statements Regarding Forward-Looking Information. Please be assured, Shellpoint wants to work with you to determine acceptable payment arrangements that work for all parties. You have the right to request documentation supporting our determination. Help me lower these payments. Upon filing the Form 15, Ditech Holding's obligations to file certain reports and forms with the SEC, including Forms 10-K, 10-Q and 8-K, were immediately suspended. The reinstate payment in the amount of $7,437.66 was processed during your telephone conversation. When that process concluded, the only offers for substantially all of the Debtors Forward and Reverse Businesses were the Forward and Reverse Buyers, respectively. The company now servicing your loan and the address to which you should send payments have changed. How many deaths are caused by flu each year? Shadow Lake Village is an active adult 55+ community in Middletown, NJ. Ranieri, considered to be the father of mortgage securitization, helped found Shellpoint in 2010. NewRez is licensed in all 50 U.S. states and the District of Columbia. (Entered: 07/19/2021), DocketIf this case is referred, it will be to Magistrate Judge Karen L. Litkovitz. On June 8, 2022 the Bankruptcy Court entered an Order governing the distribution of any unclaimed borrower funds remaining in the Ditech estate. New Residential Investment completes its acquisition of select assets from Ditech Holding and Ditech Financial at a purchase price of $1.2B. Walter Investment Management Corp. is the parent company of ditech now and they acquired Security One Lending back in early 2013, per their investor relations website. Waiver sent to Shellpoint Mortgage Servicing on 6/17/2021, answer due 8/16/2021. The proposed agreements are subject to higher or otherwise better offers. Shellpoint Mortgage Servicing at 21:7-14 . Call Realtors Bunny and Art Reiman the Adult Community Specialists. Should you have further questions, you may reach us through our Contact Us page by accessing our website, www.shellpointmtg.com and logging into your account. The Complaint Resolution Index (CRI) is an indicator on how responsive a company is in addressing and resolving customer complaints brought to their attention by BCA. As an example of how the interest is calculated, for the September 21, 2022 installment multiplied 7.875 by the unpaid principal balance of $31,544.49 then dividing by 365, which equaled $6.81 as the per diem. Waiver of Service due by 7/19/2021. Are ditech and Greentree the same? Please know, a shortage occurs when the anticipated balance is less than the required balance. On February 3, 2023, you spoke with an agent who explained you were not listed as an authorized third party. If you are interested in discussing loss mitigation options that may be available to avoid foreclosure, please contact our Loss Mitigation Department at (866) 825-2174 Monday through Friday between the hours of 8:00 a.m. and 5:00 p.m. (EST). Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel and Barclays Capital Inc. is acting as financial advisor to Mortgage Assets in connection with the agreement. Shellpoint is not able to overfund the escrow account, we are however, allowed to collect a cushion of one-sixth of the total escrow amount, or two times the base monthly escrow payment of $204.83. Beyond that, the companyalso boughtnearly all ofCitiMortgages mortgage servicing rights in a deal announced in 2017. In addition, some are townhouses with living areas on the ground floor and the bedrooms on the second floor. Shellpoint Mortgage Servicing are ABOVE AVERAGE as a residential mortgage loan primary and special servicer. NEW YORK- New Residential Investment Corp. , a leading provider of capital and services to the mortgage and financial services industries, announced today that it has completed its acquisition of select assets from Ditech Holding Corporation and Ditech Financial LLC . Find top employees, contact details and business statistics at RocketReach. Nearby to Shadow Lake Village is Riverview Medical Center in nearby Red Bank. There are a number of law firms and attorneys that represent banks and mortgage servicers in New Jersey, including: If you have been sued by Shellpoint Mortgage Servicing or another bank or servicer by one of these attorneys or law firms, contact Denbeaux & Denbeaux today to learn more about your options to fight against foreclosure on your home. Who was the rocket scientist who thought it would be okay to have second floor homes in an over 55 community? Waiver of Service due by 7/19/2021. Four training sessions are being conducted throughout the month of March via webinars that explain the nuances of the HomeReady product. But also, some are attached ranch style homes which do not have a home above on the second floor. Darin said they had no paperwork about taxes or anything but can predict what what my payments are which is higher than original payment. Also Check: What Does Credit Approved Mean For A Mortgage. Our complaint services are free and our team of expert mediators will assist in resolving complaints with businesses. The case status is Pending - Other Pending. of approximately $62 billion as of Aug. 31, 2019. ABOUT DITECH Ditech is an independent servicer and originator of mortgage loans and servicer of reverse mortgage loans. servicing rights portfolio, which carried an aggregate unpaid principal balance However, this service requires advance reservations and a nominal fee is charged.. While some of the home styles available are single level condos, whichcan be either upper or lower level homes. A hearing on confirmation of the Company's plan of reorganization and to approve the sales is currently scheduled to begin on August 7, 2019. New Residential is also assuming certain Ditech office spaces and adding ~1,100 Ditech employees to support the increase in volume to its existing origination and servicing operations. free lookups / month. You have the right to request documentation supporting our determination that no error has occurred in the servicing of the loan. Based in Fort Washington, Pennsylvania, Ditech services a diverse loan portfolio. Washington et al v. Shellpoint Mortgage Servicing et al Case Summary On 06/17/2021 Washington filed an Other lawsuit against Shellpoint Mortgage Servicing. Docket(#10) WAIVER OF SERVICE Returned Executed. However, if you have a valid check that has not expired, please . Please note, an Escrow Analysis was completed by Caliber on June 28, 2022. 2023-04-18, Seminole County Courts | Property | Andrey knows everything from warm-up to hard workout. Finally, one place to get all the court documents we need. Mortgage lenders NewRez and Shellpoint Mortgage servicing, title services providers Avenue 365 and eStreet, and appraisal management company eStreet all belong to the company. Shellpoint Mortgage Servicing Contact Information Customer Care Line: 1-800-365-7107 Correspondence Address Shellpoint Mortgage Servicing PO Box 10826 Greenville, SC 29603-0826 General Payment Address Shellpoint Mortgage Servicing P.O. 2023-04-19, U.S. District Courts | Finance | Waiver sent to Ditech Financial LLC on 6/17/2021, answer due 8/16/2021. Indeed as of 3/21/23 there are 3 homes for sale here with asking prices between $259900 and $424900. You can submit your email from there and upload any supporting documents. When there are more days between payments, more interest is owed. Did Ditech go out of business and what happened to my loan? Additionally, you have made additional principal payments and can not determine how payments were applied. If the Company were in any particular instance to update or correct a forward-looking statement, investors and others should not conclude that the Company would make additional updates or corrections thereafter. He is mainly involved in weightlifting. (Fischer, Cynthia) Modified to include co-counsel on 7/20/2021 (kl). The total price tag for the acquisition is $1.2 billion, The Shellpoint Mortgage Servicing management team includes Jason Yates (Senior Vice President), Debbie Thayer (EVP, Default Administration) , and Kyle Ross (Vice . Ditech Financial LLC has launched a series of Fannie Mae HomeReady product training sessions, available to correspondent lenders. Waiver sent to Ditech Financial LLC on 6/17/2021, answer due 8/16/2021. like to thank our employees for their hard work and dedication to serving our Ditech Holding is an independent servicer and originator of mortgage loans and servicer of reverse mortgage loans. ditech trying to figure out this version of ditech? UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. Our agent explained you may seek payment assistance through your states Homeowners Assistance Funds program. The agreements are also subject to, among other things, Bankruptcy Court approval and certain other conditions. Shellpoint Mortgage Servicing 2100 E. Elliot Road, Suite A Tempe, AZ 85284 Branch Office NMLS ID#1879565 Shellpoint Mortgage Servicing 7785 Baymeadows Way, Suite 200 2nd floor Jacksonville, FL 32256 Brand Office NMLS ID#1891741 Licensed Mortgage Banker-NYS Department of Financial Services. Closes on acquisition from struggling nonbank. The sell-off of Ditech Holdings two main subsidiaries is now complete. You May Like: How To Get Out Of Your Mortgage. You May Like: Why Do Banks Sell Mortgages To Freddie Mac. If Shellpoint Mortgage Servicing is falsely claiming that you missed payments, not correctly communicating with you, or denying you loan modification services, contact us today. The settlement resolved the Unencumbered Assets Dispute and all of the committees objections to the plan, and a key component of the agreement was the establishment and funding of the $4 million GUC Trust for the benefit of general unsecured creditors, including Consumer Creditors. The company began originating low downpayment loans via its consumer channel on December 15 and via its correspondent channel beginning on December 22. get quotes and more. In fact, even the terms of the mortgage deal wont change. Acquisition of these assets, in addition to those already operated through Newrez and Shellpoint Mortgage Servicing, would further New Residential's position as an industry . No credit card required. Weil, Gotshal&Manges LLPis acting as legal counsel,Houlihan Lokeyis acting as investment banking debt restructuring advisor and AlixPartners LLP is acting as financial advisor to the Company in connection with the financial restructuring. Notwithstanding those initiatives, the Debtors faced scheduled amortization payments of approximately $110 million in 2019, leaving them at a significant risk of receiving a going-concern qualification from their auditors, which would have triggered a domino effect of defaults and terminations throughout their corporate debt and working capital facilities. As of the date of this communication, the loan is current with the next installment of $686.15 due on October 23, 2022. Fishing and paddle boats are available for residents use. most are single level homes, but some are on the second floor. Please know, the escrow account is analyzed by taking into account the total amount of the anticipated payments from escrow over the next 12-month period (September 2022 through August 2023) and spreading them over the upcoming 12 months to determine the base escrow amount. Ditech Announces Readiness To Originate 97% Ltv Home Loans Following The Lead Of Fannie Mae FORT WASHINGTON, PA December 17, 2014 The payment was adjusted due to an escrow shortage of $878.94, which was created due to the increase in the hazard insurance premium. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on SMS (Opens in new window), 2006-2023 HW Media, LLC. Any cash transaction above $10,000 is considered suspicious. A mortgage servicing company, also known as the mortgage servicer, is the company that handles your mortgage loan and often gets confused with the owner of the loan. When a loan gets sold, the lender has basically sold servicing rights to the loan, which clears up credit lines and enables the lender to lend money to the other borrowers. RESPONSE: Refuse to adjust, relying on terms of agreement Amount in Dispute: $0.00 Amount Settled: $0.00. Customer Complaint. Barbara Bunny Reiman If qualified bids are submitted, an auction or auctions would be scheduled to be held beginning at 10:00 a.m. (ET) on July 11, 2019. Also there are many styles of homes. the reverse mortgage company. We are excited to execute on our plan and see tremendous potential for creating value across our business.. Only Allowed Consumer Creditor Claim holders will share in the Consumer Creditor Recovery Trust Assets. Specifically, New Residential acquired select assets from We do not have any legal affiliation with New Residential Investment or Ditech Financial. worked closely with them to ensure a smooth transition for customers. Would you like to see thesingle family homesorcondos for sale in Middletown? Therefore, Shellpoint is able to collect an additional $409.66 to cover any escrow items that may be more than the anticipated amounts. bedrooms on the second floor. (Fischer, Cynthia) (Entered: 07/19/2021), Docket(#9) WAIVER OF SERVICE Returned Executed. 793, 796 ). Who is the new host of Dancing with the Stars? Compliance Department Therefore, you are requesting an explanation to why interest paid can increase even though the principal has reduced. New Residential is financing the acquisition with financing facilities and cash on hand. When its time to either buy or sell a home, call us. Based in Fort Washington, Pennsylvania , the Company services a diverse loan . 3/2/2023. MTGLQ aka Shellpoint aka New Penn Financial,. If needed, a second warning notice is sent out 30 days later, advising the. If any of these or other situations have happened to you, the law office of Denbeaux & Denbeaux Law may be able to help: Dealing with Shellpoint Mortgage Servicing can be stressful. (business & personal). How can I pay off my 10 year mortgage in 5 years? Lorem ipsum dolor sit, amet consectetur adipisicing elit. Case reassigned to Judge Douglas R. Cole for all further proceedings. We have spent the last number of months preparing for the close of this acquisition and structuring a robust transition plan, said Michael Nierenberg, chairman, CEO, and president of New Residential. Prior thereto, on July 8, 2019, in connection with the Post-Petition Sale Process, the Debtors filed a Notice of Cure Costs and Potential Assumption or Assumption and Assignment of Executory Contracts and Unexpired Leases of Debtors . Accordingly, the agreements are each subject to higher or otherwise better offers, among other conditions. Westwood, NJ 07675. This case was filed in U.S. District Courts, Ohio Southern District Court. Risks and uncertainties relating to the proposed restructuring include: the ability of the Company to comply with the terms of the RSA and DIP financing, including completing various stages of the restructuring within the dates specified by the RSA and DIP financing; the ability of the Company to obtain requisite support for the restructuring from various stakeholders; the ability of the Company to successfully execute the transactions contemplated by the RSA without substantial disruption to the business of one or more of its primary operating or other subsidiaries; the effects of disruption from the proposed restructuring making it more difficult to maintain business, financing and operational relationships, to retain key executives and to maintain various licenses and approvals necessary for the Company to conduct its business; and Ditech Holding's deregistration and suspension of its Securities and Exchange Commission ("SEC") reporting obligations. As part of the acquisition, SMS will transfer all Ditech mortgage loans from the Black Knight Financial Services MSP system to Finastra's Servicing Director system, which is used by SMS. Box 650840 Dallas, TX 75265-0840 Overnight Payment Address Shellpoint Mortgage Servicing Attn: Payment Processing origination and servicing businesses., As part of the deal, New Residential will also take over Please keep in the mind, the escrow balance never stays the same due to the payments made into the escrow account and the disbursements coming out. Why is this public record being published online? They are a publicly-traded company worth billions of dollars that has quickly become a top-20 mortgage lender nationwide. Our highly-trained customer support is here to help you with your mortgage maintain demand. The previous Mortgage company Selene Finance allege they made a tax payment which they didn't, my solution to Shellpoint was to ask for a cancel check to rectify the issue. Warning do not get involved you will regret it.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'mortgageinfoguide_com-netboard-2','ezslot_19',701,'0','0'])};__ez_fad_position('div-gpt-ad-mortgageinfoguide_com-netboard-2-0'); I have to say I agree with the Kevin Johnson above comment. Denbeaux and Denbeaux is a family-run law firm that represents the under-represented. In addition, some are townhouses with living areas on the ground floor and the. The simple rule of thumb is: If you can get a higher rate on your savings than you pay on your mortgage, saving wins. New Residential will acquire the assets of the Company's forward mortgage servicing and originations business, Ditech Financial LLC. Shellpoint Mortgage Servicing was the top servicer of loans in non-agency mortgage-backed securities issued during the second quarter of 2020, according to a new ranking and analysis by Inside Nonconforming Markets. It provides mortgage financing to home buyers represented by real estate brokerage First Team Real Estate in Southern California. Sign up for a free account. The Debtors are seeking approval of the Global Settlement as fair, equitable, and in the best interest of the Debtors estates and all parties in interest. Case reassigned to Judge Douglas R. Cole for all further proceedings. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. SMS is America's 5th-largest non-bank mortgage servicer and has operations in Greenville, SC, Houston, TX, and Jacksonville, FL. Shellpoint Mortgage Servicing Acquisitions (1) Company Name Deal Date Deal Type Deal Size Industry Lead Partner; 000000000 000: 01-Dec-2017: 0000000000: 00000: Asset Management: 0000000 0: I talked to several ppl that day about this but got no help. Simple interest accrues on the outstanding principal balance on a per diem (daily) basis. The Debtors and their advisors solicited eighty-seven potentially interested parties including strategic and financial buyers. Mortgage Assets Management, LLC manages and oversees portfolios of mortgage servicing rights. During this period, the Debtors pressed forward with the Post-Petition Sale Process under the Sale Procedures Order. 2 talking about this. Dennis Brazil vs Shellpoint Mortgage Servicing, LLC, et al. In addition, the new mortgage owner is required to provide you with its contact information within 30 days after the transfer. {{ userNotificationState.getAlertCount('bell') }}. Whether or not you should actually be foreclosed on by Shellpoint Mortgage Servicing, you may have options. Write reviews, ask and respond to questions, If you have received a Notice of Intent to Foreclose or other notices from Shellpoint Mortgage Servicing, they may or may not own your mortgage loan. And the best part of all, documents in their CrowdSourced Library are FREE! Also, if you need to go to New York, Shadow Lake is ideal because the Garden State Parkway with a Park and Ride is nearby. You are actively preparing for retirement. He also edits and writes articles for the IronSet blog where he shares his experiences. The CHLA wants additional loan originator compensation flexibility in a few specific areas, according to a letter submitted to the CFPB. When payments are received, they are applied first to accrued interest and any remainder is applied to reduce the principal balance in accordance with the terms of the contract. (Fischer, Cynthia) (Entered: 07/19/2021), (#7) Corporate Disclosure Statement by Defendants U.S. Bank N.A., U.S. Bank National Association, U.S. Bancorp identifying Corporate Parent U.S. Bancorp, Corporate Parent U.S. Bank National Association for U.S. Bank N.A (Fischer, Cynthia) (Entered: 07/19/2021), (#6) Corporate Disclosure Statement by Defendants Ditech Financial LLC, Ditech Financial LLC, Walter Management Holding Company LLC, Green Tree Servicing Corporation, Green Tree Credit Solutions LLC, Walter Investment Management Corp. identifying Corporate Parent Walter Investment Management Corp., Corporate Parent Ditech Financial LLC, Corporate Parent Green Tree Servicing Corporation, Corporate Parent Green Tree Credit Solutions LLC, Corporate Parent Walter Management Holding Company LLC for Ditech Financial LLC.. (Fischer, Cynthia) (Entered: 07/19/2021), (#5) Corporate Disclosure Statement by Defendants Shellpoint Mortgage Servicing, Shellpoint Partners LLC, NRM Acquisition LLC, NRM Acquisition II LLC, New Residential Mortgage LLC, New Residential Investment Corp., a Delaware corporation identifying Corporate Parent Shellpoint Partners LLC, Corporate Parent NRM Acquisition LLC, Corporate Parent NRM Acquisition II LLC, Corporate Parent New Residential Investment Corp., a Delaware corporation, Corporate Parent New Residential Mortgage LLC for Shellpoint Mortgage Servicing.. (Fischer, Cynthia) (Entered: 07/19/2021), (#4) NOTICE of Appearance by Cynthia Margot Fischer and Nathan H. Blaske for Defendants Ditech Financial LLC, Shellpoint Mortgage Servicing, U.S. Bank N.A. New Residential primarily targets investments in mortgage servicing related assets and other related opportunistic investments. (Entered: 07/19/2021), If this case is referred, it will be to Magistrate Judge Karen L. Litkovitz. I would not recommend this company. New Residential is also acquiring the servicer advance New factors, risks and uncertainties emerge from time to time, and it is not possible for management to predict all such factors, risks and uncertainties.

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