20100612.Stephan Deposition

8/8/2019 20100612.Stephan Deposition

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EXCERPTS FROMEXCERPTS FROM

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DEPOSITION OFDEPOSITION OFJEFFREY D. TEPHANJEFFREY D. TEPHAN

June 7, 2010June 7, 2010

10:10 oclock a.m.10:10 oclock a.m.

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Registered Court Reporter andRegistered Court Reporter andNotary Public in the Commonw ealthNotary Public in the Commonw ealthof Pennsylvaniaof Pennsylvania


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PROUDLY EXECUTINGUP TO 10,000

PER M ONTH


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.. judgment affidavit, do you check to judgment affidavit, do you check to

it?it?

A: No. A: No.

..check to see if all the exhibits arecheck to see if all the exhibits are

presented to you for your signature?presented to you for your signature?

A: No. A: No.


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Q: W hen you sign a summaryQ: W hen you sign a summary ju gment a i avit, o you inspect ju gment a i avit, o you inspect

any exhibits attached to it?any exhibits attached to it?

A: No. A: No.


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,,a summ ary judgment go after youa summ ary judgment go after you

A. After I si n it it is handed back to A. After I si n it it is handed back tomy staff. M y staff hands it to a notarymy staff. M y staff hands it to a notaryfor notarization. I t is then handedfor notarization. I t is then handedback to my staff. They send it back toback to my staff. They send it back tothe netw ork attorne re uestin anthe netw ork attorne re uestin antype of affidavit through the LPStype of affidavit through the LPSs stem and Si natures stem and Si nature- -Re uiredRe uiredfunction.function.


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. n r f r h. n r f r h notary; is that correct?notary; is that correct?

. o no .. o no .

testifying in your Florida deposition intestifying in your Florida deposition in

your attorney netw ork to ensure thatyour attorney netw ork to ensure that

correct and accurate?correct and accurate?

A. That is correct . A. That is correct .


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. Your de artment does not do an. Your de artment does not do an

independent check of the accuracy of independent check of the accuracy of the information on the summarthe information on the summ ar

judgm ents coming to you; isn't that judgm ents coming to you; isn't thatcorrect?correct?

A. I review , quickly, the figures. Other A. I review , quickly, the figures. Other

an a , a s a ou .an a , a s a ou .


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judgment affidavit to sign, do you judgment affidavit to sign, do you

A. No A. No

Q. W hat do you read?Q. W hat do you read?

A. I look for the figures. A. I look for the figures.


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''..you sign a summary judgmentyou sign a summary judgment

. ,. ,correct.correct.

Q. I s it fair to say then that w hen youQ. I s it fair to say then that w hen yousign a sum mary judgment affidavit,sign a sum mary judgment affidavit,you do not know w hat it says, otheryou do not know w hat it says, otherthan w hat the figures are that arethan w hat the figures are that arecontained w ithin it?contained w ithin it?


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. e me res a e e ques ons.. e me res a e e ques ons.fair to say that w hen you sign afair to say that w hen you sign asummary u m n a av , y usummary u m n a av , y udon't know w hat information itdon't know w hat information itcon a ns, o er an e gures acon a ns, o er an e gures a

are set forth w ithin it?are set forth w ithin it? A. Other than the borrow er's nam e, A. Other than the borrow er's nam e,

that entity. That is correct.that entity. That is correct.


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Q. And that 's the one that you 've justQ. And that 's the one that you 've just

A: Yes. A: Yes.

Q. Does GM AC do any qualityQ. Does GM AC do any qualityassurance training or yourassurance training or yourdepartment?department?

A: Present ly, no. A: Present ly, no.


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..

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. ou on reca any. ou on reca any

A: I never received any. A: I never received any.


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. In our ractice of si nin 3. In our ractice of si nin 3

summary judgment affidavits, M r.summary judgment affidavits, M r.Ste han, is it correct that the alw a sSte han, is it correct that the alw a shave a paragraph containing thehave a paragraph containing the

numbers of the amounts claiming tonumbers of the amounts claiming tobe due?be due?

. a w ou e correc .. a w ou e correc .


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those affidavits, you don 't knowthose affidavits, you don 't know

affidavit is true or correct?affidavit is true or correct?

A. P lease advise m e. W hat do you A. P lease advise m e. W hat do youmean by "any other part"?mean by "any other part"?


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Q. Any other paragraph, other thanQ. Any other paragraph, other than..

,,that's included in there.that's included in there.

Q. So al l of themQ. So all of them -- --

A: So that w ould be the num bers. A: So that w ould be the num bers.


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. o o er an e ue a e n e. o o er an e ue a e n ebalances due, is it correct that you dobalances due, is it correct that you dono now w e er any o er par ono now w e er any o er par o

the affidavit that you sign is true?the affidavit that you sign is true? A. That could be correct. A. That could be correct.


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20100612.Stephan Deposition