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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
http://slidepdf.com/reader/full/3-transcripts-from-new-century-mortgage-bankruptcy-hearings-from-2007-includes 1/465
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
http://slidepdf.com/reader/full/3-transcripts-from-new-century-mortgage-bankruptcy-hearings-from-2007-includes 2/465
6
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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7
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
http://slidepdf.com/reader/full/3-transcripts-from-new-century-mortgage-bankruptcy-hearings-from-2007-includes 4/465
8
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
http://slidepdf.com/reader/full/3-transcripts-from-new-century-mortgage-bankruptcy-hearings-from-2007-includes 5/465
9
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
http://slidepdf.com/reader/full/3-transcripts-from-new-century-mortgage-bankruptcy-hearings-from-2007-includes 7/465
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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2
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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1
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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00
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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06
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07
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08
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09
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02
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O*O GMYVX XV@EWGVAFIVW# AEG%
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O*O GMYVX XV@EWGVAFIVW# AEG%
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"Vigiww!69
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O*O GMYVX XV@EWGVAFIVW# AEG%
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O*O GMYVX XV@EWGVAFIVW# AEG%
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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1:
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0>1
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O*O GMYVX XV@EWGVAFIVW# AEG%
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O*O GMYVX XV@EWGVAFIVW# AEG%
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O*O GMYVX XV@EWGVAFIVW# AEG%
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O*O GMYVX XV@EWGVAFIVW# AEG%
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O*O GMYVX XV@EWGVAFIVW# AEG%
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00<
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066
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067
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069
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06:
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062
O*O GMYVX XV@EWGVAFIVW# AEG%
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061
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07>
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070
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076
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079
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07:
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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1
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07
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69 DV% AEHICAG@XM? Qmyv Bmemv# D`vk Aehicag`xm jvmd
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09
0 B`be * Biwwie me fib`cj mj xbi Gmddaxxii% Qmyv Bmemv# A
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67 xm bi`v xbi izahiegi%
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69 Dv% DgD`bme `e bmyv mv x|m xm lm xbvmylb ax aw lmael xm `hhviww
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0:
0 baw gmegive me `e id~cmqii fq id~cmqii f`waw% Fyx xb`x d`q
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7 Xbi mecq |`q qmy,vi lmee` lix xb`x aejmvd`xame aw jvmd xbi
8 Hifxmvw% @eh aewxi`h mj yejmvxye`xicq waxxael hm|e |axb xbi
9 Hifxmvw d`qfi |i,vi jmvgih xm hm ax ae xbi izahiexa`vq bi`vael%
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< XBI GMYVX? Fyx wii# aj xbi Gmddaxxii |ivi xbi
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1 j`wbame# qmy |mych fi mfoigxael%
0> DV% AEHICAG@XM? A |mych# Qmyv Bmemv% Fyx xbi
00 hajjiviegi bivi aw# `eh |b`x |i,vi bi`vael jvmd xbi Hifxmv `eh
06 |b`x |i,vi bi`vael jvmd ~mxiexa`c fahhivw aw ax,w ad~iv`xazi
07 xb`x xbiwi id~cmqiiw fi ki~x ae ~c`gi `eh xb`x xbaw $$
08 XBI GMYVX? A hme,x haw~yxi xb`x ~vm~mwaxame% Qmy
09 kem|# `eh d`qfi xbivi `vi $$ irgi~x jmv xbi Y%W% Xvywxii# |bm
0: b`w# d`qfi xbivi `vi ` ji| mxbivw |bm |mych%
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02 wylliwxael aw xb`x lazi yw `e `cxive`xazi xm xvq `eh w`xawjq
01 xbi Y%W% Xvywxii `eh xbi Gmyvx# `eh A xbaek `w xbi Gmyvx c`ah
6> myx# aj qmy,vi emx w`xawjaih `eh xbi Y%W% Xvywxii aw emx
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67 XBI GMYVX? \icc# |b`x A b`h `exaga~`xih |`w xb`x `x
68 xbi ~maex $$ fijmvi |i g`di xm xbi bi`vael xmh`q xb`x xbi Y%W%
69 Xvywxii |mych b`zi ae biv b`ehw |b`xiziv |mych fi eigiww`vq $$
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7 `eqmei mj dmzael xmm wcm|cq% Ae j`gx xbi m~~mwaxi dalbx fi
8 xvyi# wmdi b`zi w`ah% Ax,w xbi j`gx xb`x xbi Y%W% Xvywxii aw
9 fiael jmvgih xm gmdi xm xbi bi`vael ye~vi~`vih% @eh |b`x A,d
: bi`vael qmy w`q aw# |icc# Dv% DgD`bme g`e cawxie xm xbi
< xiwxadmeq `eh $$
2 DV% AEHICAG@XM? Qmy kem|# Qmyv Bmemv $$
1 XBI GMYVX? $$ xb`x |acc fi lmmh iemylb% A b`h
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08 vi`c# |i eiih ax em|# `eh A |`exih izahiegi mj xb`x% Emx oywx
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60 @eh xbie aj xbi Y%W% Xvywxii# aj ax b`w emx `hhviwwih baw
66 gmegivew ax,w |axbmyx ~vioyhagi jmv bad xm viei| baw Dmxame xm
67 @homyve# `eh d`qfi xbivi,w wmdi |`q xb`x |i gmych f`c`egi baw
68 awwyiw `l`aewx xbi id~cmqii awwyiw `eh gmdi xm viwmcyxame%
69 A yehivwx`eh ax,w emx ` ~ivjigx wixxcidiex% Ax,w emx `
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0 ~ivjigx g`wi% Fyx |b`x A,d oywx gmegiveih `fmyx aw oywx ` divi
6 `homyvediex |acc wieh ` |vmel diww`li xm xbi id~cmqiiw% Wm
7 xb`x,w |b`x A,d xvqael xm j`wbame# Qmyv Bmemv% A `d xvqael xm
8 f`c`egi `cc xbi awwyiw# `eh A givx`aecq `~~viga`xi |b`x |i,vi
9 `wkael xbi Y%W% Xvywxii xm hm% Fyx |i,vi xvqael xm f`c`egi xbi
: awwyiw%
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06 |i vizai|ih xbi Yeaxih Wx`xiw Xvywxii,w mfoigxame# `eh xbi
07 gb`eliw xb`x |i,vi x`ckael `fmyx jvmd xbi jacih dmxame lm xm
08 xbi igmemdagw% Xbi Xvywxii,w mfoigxamew v`awi awwyiw mj xbi
09 aewahiv wx`xyw# `eh xbi $$ wmvx mj xbi aegiexazi e`xyvi mj xbi
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6> Xbi j`gx xb`x |i,zi d`hi jyvxbiv igmemdag vihygxamew ae
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68 `wkael xbi Xvywxii xm viw~meh ae vi`cxadi xm myv ~vm~mwih $$
69 qmy kem|# xm `hhviww xbi gb`eliw% \i,vi ~vi~`vih xm# ae
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0 `jjigx# ~vmgiih me xbi vigmvh me xbi dmxame jvmd c`wx Xyiwh`q#
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7 XBI GMYVX? \icc# bivi,w |b`x A,d lmael xm hm% A
8 |acc xid~mv`vacq `homyve xbi d`xxiv xm wmdi ~maex xbaw
9 `jxivemme# `eh |i,cc higahi |b`x xadi ax aw% A |acc eiih xm
: fvi`k% A b`zi ` gmddaxdiex |bagb A iexivih aexm fijmvi wixxael
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08 DV% DGD@BME? Qmyv Bmemv# aj A gmych d`ki ` vipyiwx%
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0: id~cmqii `e`cqwaw `eh w~vi`h wbiix jmvd`x# `eh A,d |mehivael
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66 |i,cc lix ax%
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68 d`xxiv jmv em|%
69 DW% YBC@EH? Qmyv Bmemv# xbi eirx dmxame aw xbi
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6>
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8 xbi Gmyvx me @~vac 7 xm b`zi ` bi`vael $$ xbi aexivad bi`vael
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0: xbi `lviidiexw fix|iie xbi Hifxmv$Ae$^mwwiwwame Ciehivw# xbi
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66 xb`x mei=
67 DV% CML@E? Qmyv Bmemv# d`eq mj xbi gb`eliw ̀ vi oywx
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69 Aexivad Mvhiv% Fyx cix di oywx balbcalbx ` ji| ir`d~ciw mj
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7 Mei# ae ~`v`lv`~b eydfivih 7 xbivi aw `e `hhaxame xb`x
8 xbvii h`qw emxagi b`h xm fi lazie xm xbi Gvihaxmvw Gmddaxxii mj
9 `eq ~vm~mwih `diehdiexw xm xbi H$A$^ gvihax `lviidiex% @eh
: oywx cix di `hh ~`viexbixag`ccq xbivi# xbivi |`w mei `diehdiex
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6> Xbi Gvihaxmvw Gmddaxxii `hhih xbi ~`v`lv`~b `x xbi fmxxmd
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66 vi`wme`fcieiww `vi viwivzih% Xb`x |`w ~vmf`fcq ad~cagax# fyx
67 ax,w em| ir~cagax%
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69 gmvviw~mehael gb`eliw xbvmylbmyx xbi hmgydiex# caiew me
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0 `zmahael ~m|ivw b`zi fiie wxvagkie% Xbi mvalae`c dmxame
6 gmexid~c`xih xb`x xbi H$A$^ Ciehivw |mych b`zi caiew me
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8 xbiq |ivi vipyiwxael mei `x xbi xadi mj xbi jae`c bi`vael% @eh
9 Qmyv Bmemv l`zi xbid ` bi`hw y~ `x xbi xadi mj xbi aexivad
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< emx fiael bmih% Wm xb`x aw wxvagkie%
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69 xbi Wigyvih Ciehivw g`e irivgawi givx`ae vidihaiw jvmd xbvii
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7 hyvael xb`x jazi fywaeiww h`q ~ivamh xbi Hifxmvw mv xbi
8 Gmddaxxii d`q wiik `e mvhiv jvmd xbi Gmyvx xvqael xm ieomae xbi
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07 wiziv`ccq ca`fci me d`eq mj xbi Hifxmv,w gvihax `lviidiexw
08 ~vi~ixaxame# fyx emx iexavicq% @eh xbi Gmddaxxii pyaxi
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68 @eh xb`x aw ax `w j`v `w xbi Gmddaxxii aw gmegiveih% A
69 wbmych vi~mvx xm xbi Gmyvx xb`x eilmxa`xamew gmexaeyi% Ae
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69 Mvhiv gmexaeyih me aexm xbi Jae`c Mvhiv% Ax hmiw% \i ~vmzahih
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69 gmych d`ki ` ~vmjjiv zivq wadac`v xm xbi ~vmjjiv |i d`hi `x xbi
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69 `vi emx fiael `jjigxih fq xbi H$A$^ Mvhiv ax,w emx `e awwyi jmv
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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00 `xxmveiq%
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67 wx`eh `w j`v `w myv caie aw gmegiveih=
68 XBI GMYVX? \icc# `l`ae xb`x,w wmdixbael `fmyx |bagb
69 qmy wbmych gmewycx gmyewic# fyx xbi vyciw |mych vipyavi xb`x aj
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: aw ` |`q xm hm xb`x% @eh `l`ae# aj qmy,vi hmael wm me fib`cj
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2 DV% VACIQ? A wii% @eh |mych dq `xxmveiq bivi ae
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06 gmd~ixiex f`ekvy~xgq gmyewic wmdi|bivi ei`v qmy%
07 DV% VACIQ? Mk`q# em| xbaw aw $$ |b`x aw xbaw g`ccih
08 `l`ae# Qmyv Bmemv= Ax,w xm cajx xbi wx`q mv $$
09 XBI GMYVX? Qiw# qmy eiih xm jaci ` dmxame `wkael jmv
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02 XBI GMYVX? @eh ax d`q zivq |icc fi xb`x yehiv xbi
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6> |acc mv ax |me,x% Fyx ax,w emx yeywy`c xm b`zi wygb haw~yxiw
60 viwmczih myxwahi mj xbaw Gmyvx%
66 DV% VACIQ? A wii%
67 XBI GMYVX? Fyx xb`x,w emx jmv di jmv bivi xmh`q%
68 @eqxbael jyvxbiv# Dv% Vaciq=
69 DV% VACIQ? Em# xb`x wbmych gmd~cixi ax%
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0 XBI GMYVX? Xb`ek qmy# wav%
6 DV% VACIQ? Xb`ek qmy# wav%
7 XBI GMYVX? Hmiw `eqmei icwi g`vi xm fi bi`vh ae
8 gmeeigxame |axb xbi H$A$^ Mvhiv=
9 @CC? "Em zivf`c viw~mewi!%
: XBI GMYVX? A bi`v em viw~mewi%
< DV% CML@E? Qmyv Bmemv# hah A b`eh y~ xbi mvhiv=
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0> DW% YBC@EH? Eirx# Qmyv Bmemv# |i b`zi xbi Hifxmv,w
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07 XBI GMYVX? \bagb mj xbi mfoigxamew `vi wxacc
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09 DW% YBC@EH? Qmyv Bmemv# |i hicazivih myv ~vm~mwih
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6> Qmyv Bmemv# |i vigiazih $$ xbi mfoigxame jvmd xbi
60 Gvihaxmvw Gmddaxxii,w viwmczih%
66 Xbivi `vi mfoigxamew jvmd xbi $$ mfoigxamew B `eh A# |bagb
67 `vi mfoigxamew jvmd givx`ae Xir`w x`rael `yxbmvaxaiw% \i b`zi
68 gmex`gxih xbid `eh aejmvdih xbid xb`x xbivi,w em x`elafci
69 ~ivwme`c ~vm~ivxq cmg`xih ae Xir`w% Xb`x,w fiie xv`ewjivvih wm
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7:
0 vi~viwiex`xame xb`x |i gmych xm xbi Xir`w x`rael `yxbmvaxaiw
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8 XBI GMYVX? Mk`q% @eh ax wiidw xm di xbi mfoigxame
9 aw havigxih xm xb`x awwyi% Mk`q% @eq $$ fijmvi qmy ~vmgiih#
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60 izieael% @eh xb`x xbi Gmddaxxii |`w zivq w`xawjaih xb`x xbi
66 viwycxw mj xbi gmd~ixaxazi fahhael `eh xbi lmmh j`axb e`xyvi mj
67 xbi fahhivw xb`x xbi viwycxw `gbaizih xmh`q vi~viwiex j`av
68 z`cyi% @eh xbaw aw xbi d`radyd z`cyi jmv xbiwi `wwixw% Wm xbi
69 Gmddaxxii |axbhv`|w axw mfoigxame `eh wy~~mvxw xbi w`ci%
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0 XBI GMYVX? Xb`ek qmy%
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7 |i,vi wiikael `~~vmz`c xmh`q mj xbi w`ci xm xbi |aeeael fahhiv#
8 Iccaelae $$ A,d wmvvq% Iccaelxme D`e`lidiex Lvmy~# CCG jmv `
9 ~yvgb`wi ~vagi mj (92 daccame% Xbi ~yvgb`wih `wwixw# `w |i
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< fq xbi Hifxmv% Vijiv xm xbmwi `w cm`ew emx jae`egih `eq|bivi%
2 @eh givx`ae viwahy`c aexiviwxw `eh wigyvaxa`xame xvywxw% Wmdi
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07 fig`ywi mj xbi j`gx xb`x xbi cm`ew xb`x |i,vi hawgywwael `vi
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09 iaxbiv b`zi ` hmgydiex`xame awwyi mv jmv wmdi mxbiv vi`wmew
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60 Hifxmvw `eh C``vh iel`lih ae ` gmexaeyael d`vkixael ~vmgiww#
66 `eh wix xbi fah hi`hcaei ~yvwy`ex xm xbi ~vmgihyviw `w vizawih
67 `w @~vac 7>xb% Xbi Hifxmvw vigiazih jazi py`cajaih fahw% Xbiq
68 vigiazih xbmwi py`cajaih fahw jvmd Gmyexvq|ahi Bmdi Cm`ew; HF
69 Wxvygxyvih ^vmhygxw# Aeg%; Gvihax F`wih @wwix Wivzagael `eh
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6 D`e`lidiex Lvmy~# CCG; `eh ` omaex fah fq LD@G Viwahy`c Jyehael
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1 Gvihaxmvw Gmddaxxii,w mfoigxamew `eh `hhviwwih xbiav gmegivew
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69 mxbiv |mvhw# xbivi gmych emx fi $$ |i |ivi ae `jjigx x`~~ael mv
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69 `jxiv i`gb vmyeh mj fahhael xbi Hifxmvw# xmlixbiv |axb xbi
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9 jae`c vmyeh xbi Iccaelxme fah |`w 92 daccame# `eh xbi GF@WW fah
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69 Hifxmvw `eh xbi Gvihaxmvw Gmddaxxii hixivdaeih jmv xbi
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69 caki xm ~vmjjiv xbi xiwxadmeq mj Dv% Fc`ki M,Hm|h% Dv% M,Hm|h
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06 ~vmzawamew# ~`v`lv`~b 8 |i,zi `lviih xm gb`eli id~m|ivih jvmd
07 havigxih% Xm havigxih jvmd id~m|ivih% ^`li 0># ~`v`lv`~b 2 xm
08 gc`vajq xb`x ~ivwmew vigiazael emxagi mv b`zi `gxy`c kem|cihli
09 `vi ae `hhaxame xm Gvihaxmvw mj xbi Hifxmvw vipyiwxih xm x`ki
0: `gxame xm vici`wi hmgydiexw `w `~~vm~va`xi mj xbi ~yvgb`wi
0< `wwixw%
02 Xbi eirx $$ ~`v`lv`~b 00 me ~`li 00# x`ki ` daeyxi xm |`ck
01 xbvmylb% Xbaw ~`v`lv`~b |`w aegcyhih `l`ae xm gc`vajq xbi
6> awwyiw |axb viw~igx xm xbi cmwx viwahy`c aexiviwx% Xbivi,w x|m
60 ~`vxw mj xbaw ~`v`lv`~b% Javwx# xbi Hifxmvw `vi xbi m|eivw mj
66 xbi givxajag`xiw mj xbi viwahy`c aexiviwx# `eh xbi $$ xbiq `vi
67 xbi m|eivw mj xbi vigmvh ae xbi vilawxv`v,w cawx mj bmchivw mj
68 xbi givxajag`xiw% Xbi javwx wiexiegi mj xbaw aw wad~cq `e
69 aewxvygxame xm xbi vilawxv`v mv xbi aehiexyvih Xvywxii ae xbaw
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0 g`wi# xm vigmleai xbi xv`ewjiv `eh gb`eli xbi e`di mj xbi
6 m|eiv% Xbi wigmeh wiexiegi aw hiwaleih xb`x aj $$ xm ~vmzahi
7 xb`x aj xbivi aw ` $$ xbi ~yvgb`wiv hicazivw `e `ggi~x`fci
8 cixxiv mj aehideaxq xb`x,w `ggi~x`fci xm xbi vilawxv`v xb`x xbi
9 vilawxv`v mv aehiexyvih Xvywxii |acc awwyi vi~c`gidiex
: givxajag`xiw% Xbaw aw emx gmd~iccael xbi awwy`egi mj xbi
< vi~c`gidiex givxajag`xiw# yeciww xbaw cixxiv mj aehideaxq mv
2 wadac`v aewyv`egi aw ae jmvd `eh wyfwx`egi w`xawj`gxmvq xm xbi
1 aehiexyvih Xvywxii%
0> Me ~`v`lv`~b 09# oywx ` jyvxbiv hiwgva~xame |axb viw~igx
00 xm xbi xq~iw mj ca`facaxaiw xbi fyqiv aw emx `wwydael%
06 Me ~`li 07 xbi wy~iv~vamvaxq ~vmzawamew ~vizamywcq
07 `jjmvhih Lviie|agb |ivi icadae`xih `eh givx`aecq ciww viciz`ex
08 ae calbx mj xbi fvi`k$y~ jii awwyiw%
09 @eh xbie ae ~`v`lv`~b 0< xbivi |`w wmdi gc`vajag`xamew xm
0: xbaw c`ely`li xm viw~meh xm gmegivew fq xbi Gvihaxmvw Gmddaxxii
0< xb`x ax d`q fi xmm fvm`h%
02 Me ~`li 09 wmdi ~`v`lv`~b $$ ~vamv ~`v`lv`~b 66 aw hicixih
01 fig`ywi mj xbi $$ ax,w em cmeliv viciz`ex aj Lviie|agb aw emx
6> xbi ~yvgb`wiv%
60 @eh xbie ae |b`x aw ei| ~`v`lv`~b 67 aw |bivi |i `hhviww
66 wmdi mj xbi mxbiv mfoigxamew%
67 ^`v`lv`~b 67"`! `hhviwwiw xbi Xvywxii,w gmegive xb`x xbaw
68 xv`ewjiv emx fi ae wmdi |`q aegmewawxiex |axb ei| wigxame
69 7:7"m! mj xbi F`ekvy~xgq Gmhi%
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0 Wigxame $$ ~`v`lv`~b# wyf~`v`lv`~b "f! aw xbi c`ely`li
6 xb`x |i hicazivih c`wx |iik xm xbi Wx`xi mj Mbam xm `wwyvi xbi
7 Wx`xi mj Mbam xb`x hij`ycxih mv hicaepyiex cm`ew |mych emx fi
8 xv`ewjivvih mv wmch irgi~x ae `ggmvh`egi |axb xbi irawxael
9 aeoyegxame |axb viw~igx xm xbi Wx`xi mj Mbam# |bagb vipyaviw
: xbiav gmewiex xm xv`ewjiv hicaepyiex cm`ew%
< Jae`ccq# ~`v`lv`~b 7 vic`xiw xm $$ mv `hhviwwiw xbi
2 gmegivew mj Hiyxwgbi F`ek `w mei mj xbi aehiexyvih Xvywxiiw xm
1 fi gci`v xb`x xbi viwahy`c aexiviwxw vid`ae wyfoigx xm xbi
0> wivzagael `lviidiexw% Ae mxbiv |mvhw# |i,vi emx wxva~~ael `|`q
00 `eq mfcal`xamew mv valbxw# jv`ekcq# |axb viw~igx xm xbi $$
06 xbmwi aexiviwxw xb`x `vi fiael wmch%
07 ^`v`lv`~b 68 aw wmdi c`ely`li |i |mvkih myx |axb xbi H$A$^
08 Ciehivw xm gc`vajq fig`ywi xbivi,w givx`ae d`eh`xmvq ~vi~`qdiex
09 ~vmzawamew xb`x `~~cq ae gmeeigxame |axb xbi H$A$^ `lviidiex
0: `eh xbi w`ci% Xbivi `vi $$ xbi Hifxmvw# Gvihaxmvw Gmddaxxii#
0< H$A$^ Ciehiv b`zi |mvkih xm gc`vajq xb`x xbi ijjmvxw mj xbi
02 Hifxmvw xm g`cgyc`xi xbi eix g`wb ~vmgiihw viwycxael jvmd xbi
01 w`ci `eh xm ~vmzahi jmv xbiav ~`qdiex `w `~~vm~va`xi ae
6> `ggmvh`egi |axb xbi H$A$^ gvihax `lviidiex%
60 @eh jae`ccq# Qmyv Bmemv# xbivi,w ` ~vmzawame havigxael xbi
66 Hifxmvw xm ~`q xbi fvi`k$y~ jii xm Lviie|agb%
67 X|m mxbiv# oywx gc`vajag`xamew# mv axidw xm ~yx me xbi
68 vigmvh% Xbi ~yvgb`wiv hah |`ex ` gc`vajag`xame gmddaxdiex jvmd
69 xbi Hifxmvw xb`x xm xbi irxiex xb`x xbi Hifxmvw hicazivih `eq
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0 hmgydiex`xame havigxael `eq ~`qdiexw xm xbi H$A$^ Ciehivw
6 havigxcq |axb viw~igx xm xbiwi viwahy`c aexiviwxw xbi Hifxmvw
7 |acc yehivx`ki xm gmvvigx xb`x `eh ~vmzahi ` ei| havigxame
8 addiha`xicq# `eh |i,zi `lviih xm hm xb`x%
9 Wigmeh# Qmyv Bmemv# ae xbi `hhaxame xm xbi gb`eliw xb`x A
: hiwgvafih xm $$ `x ` balb cizic xm wmvx mj xbi w~igajag
< ~vmzawamew mj xbi `wwix ~yvgb`wi `lviidiex xm `hhviww xbi
2 Gvihaxmvw Gmddaxxiiw `eh xm lieiv`ccq d`ki xbi fah igmemdag`ccq
1 fixxiv xbi Hifxmvw hah vipyiwx `eh xbi fyqiv hah `lvii xm
0> aegcyhi wmdi ir~viww hmgydiex ~viwivz`xame c`ely`li ae xbi
00 `wwix ~yvgb`wi `lviidiex xb`x xbi Hifxmvw b`zi fiie iehi`zmvael
06 xm aewyvi xb`x xm xbi irxiex xbivi,w `eq vilyc`xmvq mv Jihiv`c
07 aeziwxal`xame mv `eq melmael aeziwxal`xame xb`x |i b`zi `cc
08 hmgydiexw ~viwivzih%
09 @ggmvhaelcq# Qmyv Bmemv# |b`x |i |mych ~vm~mwi xm hm aw
0: fvael f`gk ` gci`e gm~q mj xbaw xbaw `jxivemme |axb xbi
0< `xx`gbih irigyxih `wwix ~yvgb`wi `lviidiex `eh wyfdax ax xm xbi
02 Gmyvx `x xb`x xadi%
01 XBI GMYVX? Zivq |icc%
6> "^`ywi ae ~vmgiihaelw!
60 DV% ^M\IV? Qmyv Bmemv# wmvvq jmv xbi hawxv`gxame%
66 \i,vi xvqael xm |mvk xbvmylb xbi awwyi ae xbi# A xbaek "l! ae
67 xbi mvhiv vil`vhael xbi vi~viwiex`xamew% Xbi aeziwxdiex f`ekiv
68 |baci g`e givx`aecq xiwxajq `w xm xbi ~vmgiww `eh xbi emxagi ae
69 d`kael wyvi xbi balbiwx z`cyi |`w vigiazih# g`eemx xiwxajq `w
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0 xm xbi `gxy`c `wwixw fiael wmch% Hyvael xbi `ygxame xbivi |ivi
6 wiziv`c awwyiw v`awih `w xm |b`x ir`gxcq |`w fiael wmch `eh xbi
7 valbxw `wwmga`xih |axb xbi viwahy`cw% Vi~viwiex`xamew |ivi
8 d`hi xm xbaw fyqiv xb`x givx`ae valbxw |ivi aegcyhih |axb xbmwi
9 viwahy`cw# `eh xbi Hifxmv A xbaek aw gmdjmvx`fci |axb xbmwi
: vi~viwiex`xamew% Xbi fyqiv valbxjyccq |`exw xm d`ki wyvi xb`x
< xbmwi `vi ̀ ggyv`xi xmh`q%
2 Wm waegi xbi |axeiww jmv xb`x w~igajag j`gxy`c izahiegi aw
1 ae G`cajmvea` |i wylliwx xb`x |i wyfdax `e `jjah`zax# aj emfmhq
0> mfoigxw xmh`q# xb`x |mych ~vmzahi f`wag`ccq izahiegi aexm xbi
00 vigmvh xb`x xbi Hifxmv aehiih m|ew xbmwi valbxw `w vi~viwiexih
06 `x xbi `ygxame# wm xbie xbi fyqiv aw w`xawjaih% @eh aj Qmyv
07 Bmemv aw w`xawjaih |i xbaek Qmyv Bmemv g`e iexiv xbi mvhiv `w
08 ~vm~mwih% Xb`x,w myv gyvviex wmcyxame% \i vigmleai xbi
09 ~`vxaiw g`e,x gvmww ir`daei# fyx aj emfmhq mfoigxw xm xb`x
0: ~vmgiww |i xbaek xb`x,w `~~vm~va`xi%
0< XBI GMYVX? Aw xbi |axeiww ̀ z`ac`fci fq xici~bmei
02 xmh`q=
01 DV% ^M\IV? Qiw# Qmyv Bmemv# |i,cc d`ki bad `z`ac`fci
6> xmh`q% Aj xb`x,w `ggi~x`fci |i g`e hm ax xb`x |`q `w |icc%
60 XBI GMYVX? Ax,w jaei |axb di% ^vmf`fcq wad~civ#
66 `eq|`q%
67 DV% ^M\IV? Mk`q% \icc# g`e |i lix ` fvi`k me xb`x
68 xbie# fig`ywi |i $$
69 XBI GMYVX? Qmy,cc $$ qiw# |i,vi lmael xm# `w A w`ah#
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0 `homyve em c`xiv xb`e 06?09 `eh gmdi f`gk caki 6?09 A xbaek%
6 DV% ^M\IV? Xb`ek qmy# Qmyv Bmemv%
7 XBI GMYVX? Mk`q% Hmiw `eqmei icwi g`vi xm fi bi`vh
8 ae gmeeigxame |axb xbi ~vm~mwih w`ci=
9 @CC? "Em zivf`c viw~mewi!%
: XBI GMYVX? A bi`v em viw~mewi% @cc valbx# |i,cc
< ci`zi xbi izahiexa`vq vigmvh m~ie mecq jmv xbi ~yv~mwi mj
2 x`kael xb`x mei |axeiww fq xici~bmei%
1 DW% YBC@EH? Mk`q# Qmyv Bmemv# xb`ek qmy zivq dygb%
0> @eh |i,cc fvael f`gk xbi mvhiv `w |icc `x xb`x xadi% A,h caki
00 xm xyve xbaw mziv xm Dv% Divgb`ex jvmd Vagb`vhw C`qxme% Bi,cc
06 fi b`ehcael xbi f`c`egi mj xbi d`xxivw me xbaw dmveael,w
07 `lieh`%
08 XBI GMYVX? Zivq |icc%
09 DV% DIVGB@EX? Lmmh dmveael# Qmyv Bmemv# Daki
0: Divgb`ex mj Vagb`vhw C`qxme me fib`cj mj xbi Hifxmvw% Qmyv
0< Bmemv# d`xxiv ': me xbi `lieh` aw xbi Hifxmv,w dmxame xm vix`ae
02 xbi Bieeal`e Fieeixx javd `w w~iga`c caxal`xame gmyewic% Xbi
01 Mjjagi mj Yeaxih Wx`xiw Xvywxii v`awih givx`ae aejmvd`c
6> gmegivew |axb viw~igx xm xb`x vixiexame% \i,zi viwmczih xbmwi
60 gmegivew xbvmylb `e `diehih Jmvd mj Mvhiv% ^ivb`~w ax,w fiwx
66 xb`x A `~~vm`gb `eh b`eh y~ xbi mvhiv `eh A g`e |`ck Qmyv Bmemv
67 xbvmylb xbi gb`eliw%
68 XBI GMYVX? @cc valbx%
69 "^`ywi ae ~vmgiihaelw!
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0 DV% DIVGB@EX? Javwx mjj# Qmyv Bmemv# |i `lvii |axb
6 xbi Yeaxih Wx`xiw Xvywxii xm gb`eli xbi vixiexame jvmd ` 76<"i!
7 vixiexame xm ` 76<"`! vixiexame% Xbi f`waw jmv xb`x gb`eli aw
8 xb`x xbi javd hah emx vi~viwiex xbi Hifxmvw ~vamv xm xbi
9 ~ixaxame h`xi%
: Wigmeh# Qmyv Bmemv# xbivi aw em| ` ~vmzawame ae xbi mvhiv
< w~igajag`ccq hawgcmwael xbi d`xxivw xb`x xbi Bieeal`e javd aw
2 |mvkael me% W~igajag`ccq xbi YFW `hzivw`vq ~vmgiihael# xbi HF
1 Wxvygxyvih ^vmhygxw `hzivw`vq ~vmgiihael# xbi @c`wk` Wi`fm`vh
0> ^`vxeivw `hzivw`vq ~vmgiihael# `eh xbie xbivi aw ~mxiexa`c jmv
00 jyxyvi vi~viwiex`xamew# Qmyv Bmemv# xm xbi irxiex xb`x 76<"`!
06 gmyewic aw gmejcagxih% Xbi Bieeal`e javd b`w `lviih xm jaci
07 izivq 7> h`qw ` hawgcmwyvi |axb xbi Gmyvx hawgcmwael `cc
08 d`xxivw xb`x xbiq,vi |mvkael me%
09 @hhaxame`ccq# Qmyv Bmemv# xbi mvhiv d`kiw gci`v xb`x xbi
0: Bieeal`e javd |acc fi ~`ah ae `ggmvh`egi |axb xbi `~~cag`fci
0< vyciw `eh `eq mvhivw mj xbaw Gmyvx# v`xbiv xb`e ~yvwy`ex xm xbi
02 xivdw mj xbiav iel`lidiex cixxiv%
01 @eh jae`ccq# Qmyv Bmemv# xbivi |`w wmdi c`ely`li ae xbi
6> mvalae`c iel`lidiex cixxiv vil`vhael xbi Hifxmvw lazael xbiav
60 gmewiex xm xbi Bieeal`e javd xm |mvk me givx`ae d`xxivw ae xbi
66 jyxyvi% Xbi mvhiv em| d`kiw gci`v `x xbi vipyiwx mj xbi Yeaxih
67 Wx`xiw Xvywxii xb`x xbi Hifxmv,w valbx xm mfoigx xm `eq jyxyvi
68 vi~viwiex`xamew xb`x b`zie,x fiie hawgcmwih mv xb`x d`q `vawi
69 ae xbi jyxyvi ̀ vi ~viwivzih%
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0 A xbaek xb`x wydd`vaiw `cc xbi gb`eliw xm xbi mvhiv# Qmyv
6 Bmemv% Xbaw dmveael xbi Bieeal`e javd hah jaci ` wy~~cidiex`c
7 `jjah`zax zivajqael xb`x xbiq `vi hawaexiviwxih `eh xb`x xbiq
8 |acc jaci `hhaxame`c wy~~cidiex`c hawgcmwyviw f`wih me jyvxbiv
9 gmejcagxw%
: XBI GMYVX? Mk`q% A vi`h xbi mxbiv `jjah`zax% Mxbiv
< xb`e w`qael em| fig`ywi xbi e`xyvi mj xbi vi~viwiex`xame b`w
2 fiie gb`elih xm ` 76<"`! vi~viwiex`xame `eh xb`x xbiq `vi
1 hawaexiviwxih# aw xbivi `eq `hhaxame`c hawgcmwyvi mv hajjiviegi
0> fix|iie xb`x `jjah`zax `eh xbi mei ~vizamywcq wyfdaxxih=
00 DV% DIVGB@EX? Em# A hme,x ficaizi xbivi aw# Qmyv
06 Bmemv% Xbiq v`e xbi w`di gmejcagx gbigk xb`x M,Diczieq v`e#
07 xb`x Vagb`vhw C`qxme v`e# fyx A xbaek xbiq hm gc`ad xb`x xbiq
08 `xxid~xih xm vye `hhaxame`c gmejcagx gbigkw f`wih me xbi
09 z`vamyw w`ciw lmael me `eh emxagi xm xbi Gvihaxmvw Gmddaxxii#
0: `eh aj xbivi `vi `eq `hhaxame`c xbaelw xb`x eiih xm fi
0< hawgcmwih xbiq |acc jaci ` wy~~cidiex`c hawgcmwyvi xm xb`x
02 `jjigx%
01 XBI GMYVX? @cc valbx% Hmiw `eqmei icwi g`vi xm fi
6> bi`vh ae gmeeigxame |axb xbaw `~~cag`xame=
60 DV% DGD@BME? Qmyv Bmemv# lmmh dmveael# Omwi~b
66 DgD`bme jmv xbi Yeaxih Wx`xiw Xvywxii% Ae gmeeigxame |axb xbi
67 w|axgb mj Bieeal`e Fieeixx‑w vixiexame jvmd ` wigxame "i! xm `
68 wigxame "`! `~~cag`xame# ax |`w ad~mvx`ex xm myv mjjagi xm
69 gavgydwgvafi xbi wgm~i mj xbi vixiexame wygb xb`x Bieeal`e
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0 Fieeixx |acc fi mecq ~ivjmvdael xbmwi d`xxivw xb`x irawx ae
6 76<"`! gmyewic g`e ~vmzahi wivzagiw |axb viw~igx xm% @eh ae
7 calbx mj xb`x# Qmyv Bmemv# qmy kem|# myv valbxw |axb viw~igx xm
8 irawxael 76<"`! gmyewic `vi viwivzih% Gci`vcq xm xbi irxiex
9 xb`x Bieeal`e Fieeixx‑w id~cmqdiex |ivi xm ir~`eh xm ` givx`ae
: hilvii ~ivb`~w myv mjjagi |acc fi x`kael ` cmmk `x awwyiw
< vic`xael xm irawxael gmyewic%
2 XBI GMYVX? Xb`ek qmy% @eqmei icwi g`vi xm fi bi`vh=
1 @CC? "Em zivf`c viw~mewi!%
0> XBI GMYVX? A bi`v em viw~mewi% Hm qmy b`zi ` Jmvd
00 mj Mvhiv jmv di=
06 DV% DIVGB@EX? A hm# Qmyv Bmemv# aj A d`q `~~vm`gb=
07 XBI GMYVX? Qiw%
08 "^`ywi ae ~vmgiihaelw!
09 XBI GMYVX? Xb`x mvhiv b`w fiie waleih%
0: DV% DIVGB@EX? Xb`ek qmy# Qmyv Bmemv% Xbi eirx
0< d`xxiv me xbi `lieh` aw xbi Hifxmv,w dmxame jmv `~~vmz`c mj
02 givx`ae mvhae`vq gmyvwi ~vmjiwwame`cw ~vmgihyviw% Xbivi |ivi
01 gmegivew v`awih |axb viw~igx xm xbaw dmxame fq fmxb xbi
6> Gvihaxmvw Gmddaxxii `eh xbi Mjjagi mj xbi Yeaxih Wx`xiw
60 Xvywxii% A ficaizi |i,zi viwmczih `cc mj xbmwi gmegivew
66 xbvmylb `e `diehih Jmvd mj Mvhiv% Aj A d`q `~~vm`gb A,cc b`eh
67 y~ ̀ fc`gkcaei jmv Qmyv Bmemv%
68 XBI GMYVX? Qmy d`q%
69 "^`ywi ae ~vmgiihaelw!
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0 DV% DIVGB@EX? Qmyv Bmemv# xbivi `vi ` eydfiv mj
6 gb`eliw xm |`ck xbvmylb |axb viw~igx xm xbaw mvhiv% ^ivb`~w A
7 g`e lm xbvmylb xbid mei fq mei% Javwx# `x xbi vipyiwx mj xbi
8 Mjjagi mj xbi Yeaxih Wx`xiw Xvywxii |i,zi `hhih c`ely`li xb`x
9 vipyaviw `cc mvhae`vq gmyvwi ~vmjiwwame`cw xm jaci xbiav
: `jjah`zaxw |axbae 7> h`qw mj xbi c`xxiv mj xbi iexvq mj xbaw
< mvhiv mv xbi h`xi xb`x xbiq wx`vx ~vmzahael wivzagiw%
2 Wigmeh# |i,zi `lviih |axb xbi Mjjagi mj xbi Yeaxih Wx`xiw
1 Xvywxii xb`x `cc `jjah`zaxw# aegcyhael `jjah`zaxw jmv xbi
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08 |`vv`exih%
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69 Gmddaxxii |i,zi `hhih $$ |i,zi `lviih xm `hh ` g`~ xm xbi xmx`c
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0 ~`qdiexw xm fi d`hi xm `cc jmvigcmwyvi ~vmjiwwame`cw yehiv xbaw
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69 Irbafax$@ f`wih me ` g`cc jvmd xbiav $$ jvmd xb`x ~vmjiwwame`c
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8 F`wih me eilmxa`xamew |axb xbi Mjjagi mj xbi Yeaxih Wx`xiw
9 Xvywxii `eh xbi Gvihaxmvw Gmddaxxii |i,zi `cwm `lviih xm `dieh
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6> Hifxmvw ~mwx ~ixaxame# fyx xbi gmex`gx `x xb`x javd b`w waegi
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66 xbiav wivzagiw% Wm |baci xbiq `vi cawxih `w `e mvhae`vq gmyvwi
67 ~vmjiwwame`c me Irbafax$@ |i,zi vi~viwiexih xm xbi Gmddaxxii
68 xb`x |i |acc emx fi ywael xbiav wivzagiw `eq cmeliv%
69 @eh jae`ccq# Qmyv Bmemv# `x xbi vipyiwx mj xbi Mjjagi mj
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0 xbi Yeaxih Wx`xiw Xvywxii ` jmvd `jjah`zax mj hawaexiviwxiheiww
6 aw `xx`gbih xm xbi vizawih Mvhiv `w Irbafax$F% A xbaek xb`x
7 gmzivw `cc xbi gb`eliw xm xbi mvhiv# Qmyv Bmemv% A hme,x kem|
8 aj `eqfmhq b`w `eq gmddiexw# mv aj Qmyv Bmemv b`w `eq
9 pyiwxamew%
: XBI GMYVX? @eqmei icwi g`vi xm fi bi`vh ae
< gmeeigxame |axb xbaw `~~cag`xame $$ dmxame=
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08 caxal`xame `eh hivaz`xazi wyaxw fvmylbx `l`aewx xbi gmd~`eq
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6> gmyvwi ~vmjiwwame`cw cawx%
60 DV% DIVGB@EX? Qmyv Bmemv# A g`e viw~meh xm xb`x
66 gmddiex%
67 XBI GMYVX? Lm `bi`h%
68 DV% DIVGB@EX? A xbaek xbivi |`w mei ~vmjiwwame`c
69 xb`x |`w cawxih me xbivi xb`x j`ccw aexm xbmwi g`xilmvaiw% Ax
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0 DV% BYWXME? Lmmh dmveael# Qmyv Bmemv% D`q ax ~ci`wi
6 xbi Gmyvx# Omwi~b Bywxme mj Wxiziew * Cii me fib`cj mj xbi
7 Dmz`exw ae $$ me `lieh` axid '2# |bagb aw xbi Idivliegq Dmxame
8 mj givx`ae hijivvih gmd~iew`xame Fieijaga`vaiw jmv `e mvhiv
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: gmddaxxii jmv xbmwi Fieijaga`vaiw% \axb di xmh`q aw myv
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6> aj xbivi,w `eqmei ae xbi gm~q xb`x |awbiw ` gm~q mj xb`x%
60 Dv% Ki`gb |acc b`ehci xbi ~viwiex`xame# Qmyv Bmemv% @eh `w dq
66 e`diw`ki jmyeh em vmmd `x xbi aee# xbivi aw em vmmd `x xbi aee
67 xmh`q% Wm A,cc wax f`gk ae xbi l`ccivq# yeciww Qmyv Bmemv
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69 XBI GMYVX? Xb`x,w jaei% Xb`ek qmy# Dv% Bywxme%
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0 DV% KI@GB? Qmyv Bmemv# Vmfivx Ki`gb jvmd Fivwxiae
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6> Fijmvi A lix xm xb`x ~vmjjiv# Qmyv Bmemv# |b`x |i b`zi
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69 Gvihaxmvw ~vad`vacq# `eh xbi wylliwxame fq xbi Y%W% Xvywxii,w
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06 `eh A gmddieh xbi Hifxmvw me xbiav gmm~iv`xame ae lixxael `w
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66 |mych b`wxie xm `hh A xbaek xbi mfzamyw# `eh xb`x aw xb`x xbi
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69 `wwixw% Izie aj |i |ivi xm cmwi xb`x awwyi# `eh |i givx`aecq
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69 mfzamywcq fi j`v wd`cciv xb`e `cc mj xbi mfcal`xamew mj `cc mj
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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\`vvie $ Havigx 27
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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69 Gmddaxxii xm `hh $$ `eh A hme,x |`ex xm wylliwx xbaw |`w `e
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68 jyvxbiv ax% Me xm~ mj |bagb |i hme,x xbaek xbaw aw ` waelci
69 `wwix awwyi% Mv ` waelci awwyi Gmddaxxii% Ax,w ` dycxa~ci
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67 `dmyex xb`x |mych fi x`kie jvmd xbi Iwx`xi% \i |mych b`zi $$
68 xb`x g`~ |mych fi ` b`vh g`~% \i |mych x`ki xbi irawxael
69 vix`aeiv dmeiq `eh `cwm ~yx ax xm|`vhw xb`x ijjmvx#
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0 ~`vxagyc`vcq xm|`vhw xbaelw caki ir~iewiw jmv ir~ivxw ae
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7 b`zi xm fi jyehih iaxbiv myx mj jyehw mj xbi Fieijaga`vaiw
8 xbidwicziw mv |i |mych viwivzi valbxw yehiv 9>7 `eh yehiv
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67 DW% J@XICC? Lmmh `jxivemme# Qmyv Bmemv% @l`ae#
68 Fmeeai J`xicc jmv xbi vigmvh jmv xbi Gvihaxmvw Gmddaxxii%
69 Javwx mj `cc# |i,h caki xm w`q xb`x |i vigmleai |i `vi hi`cael
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0 |axb jmvdiv id~cmqiiw% Xbiq b`zi wqd~`xbixag gc`adw% \i
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7 |ivi xivdae`xih fq xbi Hifxmv% Fyx yejmvxye`xicq# |i g`e,x cix
8 xb`x gcmyh xbi oyhldiex `eh xbi c`| xb`x xbi Gmyvx aw wy~~mwih
9 xm jmccm| ae xivdw mj |bixbiv ae j`gx xbi Gmddaxxii# `w
: gmewxaxyxih# `hipy`xicq vi~viwiexw xbiav aexiviwx% @eh aj xbi
< Gmyvx jaehw xb`x ax hmiw xbie xb`x,w xbi ieh mj xbi pyiwxame%
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68 xb`x wiikw xbi jmvd`xame mj `e Mjjaga`c Gmddaxxii x`kiw `
69 gmd~cixicq m~~mwaxi zai|%
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0 Wm ax wiidw xm di xb`x `w ` ~v`gxag`c d`xxiv xbi Yewigyvih
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67 hi`c |axb ax izivq h`q% Ae j`gx# Qmyv Bmemv# ae xbi `diehdiexw
68 xb`x |ivi d`hi xm xbi H$A$^ Mvhiv xb`x |`w wyfdaxxih xm xbi
69 Gmyvx i`vcaiv xmh`q# ~`v`lv`~b 86 |`w `hhih fq xbi Gmddaxxii xm
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1:
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7 lmael f`gk `eh jmvxb fix|iie xbi z`vamyw iexaxaiw%
8 Wm xbi Gmddaxxii,w zivq wiewaxazi xm xb`x awwyi# `eh aw
9 zivq `gxazi me `cc xbi awwyiw xb`x |acc `jjigx Gmddaxxii,w $$
: xbi Gvihaxmvw lixxael ` vigmzivq ae xbaw g`wi% Wm A hme,x
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00 g`wi fig`ywi xbivi,w mei waelci awwyi xb`x xbaw lvmy~ mj @h Bmg
06 Gmddaxxii ~im~ci ficaizi xb`x xbiq,vi iexaxcih xm ~yvwyi# `eh
07 xbiq ficaizi xbaw Iwx`xi wbmych jyeh xbiav valbx xm ~yvwyi
08 xb`x= @eh xb`x,w |bivi $$
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6> xbiq `vi `hipy`xicq vi~viwiexih $$ `cc xbi Gmddaxxii b`w hmei
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69 Gmddaxxii,w lmael me xbi j`gi mj xbi hmgydiexw% Aj ax xyvew
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7 aw `eh |b`x xbi j`gxw `vi `eh hixivdaeael |b`x xb`x awwyi aw%
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9 xb`x‑w |b`x xbi hmgydiexw w`q# xb`x y~me aewmcziegq xbmwi jyehw
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2 jmv xbi jmvd`xame mj `e `hhaxame`c Gmddaxxii= \b`x |mych
1 b`~~ie xm xbi jyehw xb`x `~~`viexcq em| irawx ae wmdi
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07 Hifxmv `x xbi c`wx bi`vael# `eh A ficaizi |axb xbi @h Bmg
08 Gmddaxxii# xb`x xbmwi jyehw |mych vid`ae ae ` wilvil`xih
09 `ggmyex% \i givx`aecq |mych wylliwx xb`x xbmwi jyehw gmexaeyi
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02 XBI GMYVX? Aw xbivi ̀ xid~mv`c cadax`xame me xb`x
01 `lviidiex= B`w ax fiie idfmhaih ae `e Mvhiv=
6> DW% J@XIC? Ax aw% A ficaizi ax aw ae xbi Mvhiv
60 xb`x v`awih xbaw idivliegq bi`vael%
66 XBI GMYVX? Mk`q%
67 DW% J@XIC? @eh |i |mych ̀ lvii xb`x xb`x wbmych
68 gmexaeyi ae ~c`gi |axb viw~igx xm xb`x%
69 XBI GMYVX? @cc valbx%
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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12
0 DW% J@XIC? Wm# |i hme‑x xbaek xb`x xbiq‑vi ae
6 oim~`vhq xb`x xbmwi jyehw `vi lmael xm fi hawwa~`xih mv
7 hawxvafyxih xm `cc Yewigyvih Gvihaxmvw% Qmyv Bmemv# xbivi `vi
8 Yewigyvih Gvihaxmvw# `w A w`ah# yexac ~vmzie mxbiv|awi% @eh
9 `cc Yewigyvih Gvihaxmvw ae xbaw g`wi b`zi xbi w`di lm`c% @eh
: xb`x‑w xm d`radai z`cyi% Ax‑w xm iewyvi xb`x xbivi‑w
< aexilvaxq ae xbi ~vmgiww# xb`x `cc mj xbi `wwixw `vi fiael
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1 xbi irxiex xb`x‑w `~~vm~va`xi# xm vihygi gc`adw wm xb`x xbivi‑w
0> dmvi dmeiq `z`ac`fci xm lm `vmyeh xm Gvihaxmvw% @eh |i hme‑x
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06 xbaw lvmy~ mj Gvihaxmvw me `cc mj xbmwi awwyiw% \i xbaek xb`x
07 xbaw aw ̀ waelci awwyi%
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0: c`vli `eh gmd~cir g`wi# xb`x ax‑w dmzael pyagkcq# `eh xb`x
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6> xbivi b`zael xm fi ` wi~`v`xi gmddaxxii# fig`ywi xbi Yewigyvih
60 Gvihaxmvw Gmddaxxii aw `hhviwwael `cc mj xb`x%
66 Xbiq w`q xb`x xbivi `vi z`vamyw lvmy~w mj Gvihaxmvw |axb
67 hajjiviex aexiviwxw# `eh xb`x xbiwi id~cmqiiw `vi wiikael `
68 e`vvm| awwyi% \i `gkem|cihli xb`x% Xb`x‑w |bq |i xbaek xb`x
69 xbiq wbmych emx b`zi xbiav m|e wi~`v`xi Gmddaxxii% Xbiq x`ck
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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11
0 `fmyx xbi gmd~mwaxame mj xbi Gmddaxxii emx fiael wyjjagaiexcq
6 z`vaih% Xbi gmd~mwaxame mj xbi Gmddaxxii |`w gvi`xih fq xbi
7 Mjjagi mj xbi Yeaxih Wx`xiw Xvywxii `jxiv gmewahiv`xame mj `cc
8 mj xbi pyiwxamee`aviw xb`x |ivi wyfdaxxih# `jxiv aexivzai|ael
9 z`vamyw ~`vxaiw xb`x |ivi `x xbi mvl`ea`xame`c diixael ae `e
: ijjmvx xm fi ` ~`vxaga~`ex me xbi Mjjaga`c Gvihaxmvw Gmddaxxii%
< @eh ae xbi Y%W% Xvywxii‑w hawgvixame# xbiq hixivdaeih xb`x xbaw
2 |`w ` Gmddaxxii xb`x |`w vi~viwiex`xazi mj `cc Gvihaxmv
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0> aexiviwx= Qiw% Ax d`q emx fi mj xbi w`di d`leaxyhi xb`x xbi
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06 vi~viwiexael `cc Gvihaxmvw% @eh xm xbi irxiex xb`x wmdixbael
07 ieyviw xm xbi fieijax mj xbmwi bmchael c`vliv yewigyvih gc`adw#
08 ax `cwm ieyviw xm xbi fieijax mj xbmwi bmchael wd`cciv
09 yewigyvih gc`adw%
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02 xbaw Gmddaxxii aw emx jyegxameael `~~vm~va`xicq% Xbivi `vi
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60 Xbivi `vi `cwm wmdi awwyiw xb`x gmdi y~ |bivi ` Gmddaxxii
66 didfiv b`w xm vigywi axwicj% Xb`x‑w hmei `cc xbi xadi% Xm xbi
67 irxiex xb`x xbivi `vi awwyiw |bivi xbivi eiih xm fi wyf$
68 gmddaxxiiw jmvdih# `l`ae xb`x aw hmei `cc xbi xadi% Ax‑w hmei
69 ae izivq c`vli g`wi# `eh ax‑w zivq ijjigxazi%
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0>>
0 Me xbi mxbiv b`eh# xm gvi`xi dycxa~ci gmddaxxiiw ‗$ `eh
6 `l`ae |i oywx bi`vh xb`x xbivi aw ` \@VE @gx Gc`ww @gxame
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8 |ivi xm lv`ex xbaw lvmy~ mj id~cmqiiw ` Gmddaxxii# |b`x |mych
9 fi ‗$ xbivi |mych fi em vi`wme jmv xbi @h Bmg Gmddaxxii jmv xbi
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< hajjiviex zai|# `eh xbiq‑vi emx vi~viwiexih fq xbi Yewigyvih
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1 dycxa~ci# dycxa~ci gmddaxxiiw%
0> @eh ax‑w emx yecaki `eq mxbiv c`vli g`wi |bivi xbivi `vi
00 hazivliex aexiviwxw `eh xbivi‑w mei Gmddaxxii% @eh xbi
06 gmddaxxii vi~viwiexw `cc mj xbmwi Yewigyvih Gvihaxmv aexiviwxw%
07 Wm# |i |bmccq haw~yxi xb`x xb`x wbmych fi ` f`waw xm w`q xb`x
08 xbiq `vi emx `hipy`xicq vi~viwiexih% Ae j`gx# Qmyv Bmemv# ax
09 aw v`vi `eh yeywy`c xm b`zi `hhaxame`c Gmddaxxiiw% Jmv xbi
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66 Wx`xiw F`ekvy~xgq Gmhi# Gvi`xame# Gmd~mwaxame# ^m|ivw `eh
67 Hyxaiw%— @eh `x ~`li 917 `eh 918# xbi `yxbmvw wx`xi# –@hipy`xi
68 vi~viwiex`xame irawxw xbvmylb ` waelci Gmddaxxii# `w cmel `w
69 xbi hazivwi aexiviwxw mj xbi z`vamyw Gvihaxmv lvmy~w `vi
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0>0
0 vi~viwiexih me `eh b`zi ~`vxaga~`xih ae xb`x Gmddaxxii% Xbi
6 Gmyvx#— vijivvael xm xbi Wb`vme Wxiic Gmyvx# |bagb aw ` \iwxive
7 Hawxvagx mj ^ieewqcz`ea` Gmyvx ae xbaw Gavgyax# –emxih xb`x xbi
8 `~~maexdiex mj wi~`v`xi Gmddaxxiiw aw `e irxv`mvhae`vq vidihq#
9 `eh id~b`waih axw gmegivew xb`x wi~`v`xi Gmddaxxiiw mjxie
: gmd~cag`xi eilmxa`xamew# `hh hic`q xm xbi vimvl`ea`xame
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0> iex`ac {pymxit ‒v`vicq gmexvafyxi xm xbi w~avax mj gmd~vmdawi
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06 pymxit%
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08 xbaw g`wi% Xbivi |acc fi xbi ~mxiexa`c jmv dycxa~ci
09 Gmddaxxiiw% Xbaw ~`vxagyc`v gmddaxxii b`w mei jmgyw xb`x xbiq
0: b`zi% Ax |acc gvi`xi ` cmx mj xiewame aj xbiq `vi me xbi
0< Gmddaxxii# `w b`w fiie ~vm~mwih% Xbie xbiq `vi |axbae xbi
02 Gmddaxxii% Xbiq g`e v`awi xbi awwyiw xb`x xbiq b`zi gmegivew
01 |axb# wi~`v`xi `eh `~`vx jvmd xbi mei awwyi |i kem| xbivi |acc
6> fi caxal`xame mziv% @eq mxbiv awwyiw xb`x xbiq b`zi# xbiq‑vi
60 |icgmdi xm `eh iegmyv`lih xm v`awi xbid xm xbi Gmddaxxii# `eh
66 xbi Gmddaxxii |acc gmewahiv xbid `eh x`ki `~~vm~va`xi `gxame%
67 Qmyv Bmemv# `w j`v `w xbi xiwxadmeq xb`x |i‑zi bi`vh# A
68 fil xm hajjiv |axb gmyewic‑w gb`v`gxiva`xame mj ax# fig`ywi
69 xbi |axeiww gmegihih xb`x xbiq hm b`zi ` waelci awwyi% Xb`x
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0>6
0 xbiav jmgyw aw me lixxael xbiwi jyehw xb`x xbiq xbaek xbiq `vi
6 iexaxcih xm% @eh xb`x xbiq hme‑x b`zi `e awwyi |axb `eqxbael
7 icwi xb`x xbi Yewigyvih Gvihaxmvw aw hmael% Em|# A `~~viga`xi
8 xb`x xbi |axeiww aw emx ` c`|qiv# `eh baw c`|qiv d`q b`zi mxbiv
9 zai|w# fyx# Qmyv Bmemv# xbaw aw ` waelci jmgyw% @eh xbaw aw
: xbi lm`c% @eh xbivi aw em vi`wme |bq xbaw Iwx`xi wbmych jyeh
< xbaw caxal`xame mv `eq mxbiv caxal`xame xb`x aw `hzivwi xm xbi
2 Iwx`xi mv xm Gvihaxmvw% Xbivi `vi ` |bmci bmwx# A‑d wyvi# mj
1 awwyiw myx xbivi |bivi Gvihaxmvw `vi `hzivwi xm xbi Iwx`xi%
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00 `hipy`xicq vi~viwiexih% A |`ex xbaw Iwx`xi xm jyeh dq cil`c
06 jiiw%— Xbiq b`zi v`awih wmdi dmeiq% Xbi ~im~ci |bm xbiq‑vi
07 x`ckael `fmyx# `vi ~im~ci |bm `vi `x xbi balbiv cizic mj aegmdi
08 ae xbaw gmd~`eq# fmxb jmvdiv `eh ~viwiex id~cmqiiw%
09 @eh ax wiidw wyv~vawael xm di xb`x aj xbiq ficaizi xb`x
0: xbiq `vi gmvvigx# `eh xbaw aw emx v`ffa xvywx# `eh xbiq `vi
0< iexaxcih xm xbmwi jyehw `eh xb`x xbiq `vi emx wyfoigx xm xbi
02 lieiv`c gc`adw mj Gvihaxmvw# xbie A |mych xbaek xb`x aj xbiq‑vi
01 d`kael aegmdi `x xbi cizic xb`x xbiq `vi xm ~yx ae xb`x kaeh mj
6> dmeiq aexm ` xvywx# xb`x xbiq |mych fi `fci xm l`xbiv iemylb
60 viwmyvgiw xmlixbiv xm jyeh caxal`xame% @cxive`xazicq# xbivi
66 `vi ‗$
67 XBI GMYVX? A bi`v ae xb`x ̀ vlydiex igbmiw mj ̀ H$A$
68 ^ Ciehiv wiikael xm cadax xbi `dmyex mj aeziwxal`xame gmwxw
69 xb`x ` Gmddaxxii dalbx aegyv# `eh fi viadfyvwih jmv myx mj axw
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0>7
0 g`wb gmcc`xiv`c mv cm`e ~vmgiihw%
6 DW% J@XIC? Qmyv Bmemv# xbi ~maex A |`exih xm ̀ hh aw
7 xb`x xbiq b`zi emx ~yvwyih mxbiv m~xamew% Xbiq b`zi emx
8 gmewahivih gmdael ae jmv ` waleajag`ex gmexvafyxame
9 viadfyvwidiex% Xbiq b`zi emx cmmkih `x ‗$
: XBI GMYVX? \icc ‗$
< DW% J@XIC? ‗$ gc`ww ̀ gxame# ix gixiv`%
2 XBI GMYVX? ‗$ cix di ‗$ cix‑w x`ck ̀ fmyx xb`x jmv ̀
1 daeyxi%
0> DW% J@XIC? Mk`q%
00 XBI GMYVX? Aj xbiq |ae ae xbiav ~mwaxame# aw ax
06 gmegiaz`fci xb`x xbi Iwx`xi wbmych ~`q xbiav jiiw=
07 DW% J@XIC? A hme‑x kem| |bq xbi Iwx`xi |mych ~`q
08 xbiav jiiw aj xbiq |ae%
09 XBI GMYVX? @eh xb`x‑w |bq 9>7# A xbaek# lmiw ̀ |`q
0: `w ` ~mxiexa`c wmyvgi mj vigmzivq%
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02 daccame# ~mxiexa`ccq% Ax wiidw xm di xb`x xb`x jyeh wbmych fi
01 `fci xm gmziv xbiav cil`c jiiw%
6> XBI GMYVX? Ax d`q zivq |icc% @cc A‑d w`qael aw
60 xb`x aj xbiq |ae# A hme‑x wii bm| vicaij yehiv 9>7 gmych fi
66 lv`exih% Fyx d`qfi A‑d dawwael wmdixbael%
67 DW% J@XIC? \icc# em% Xbi ~maex A |`exih xm ̀ hh#
68 Qmyv Bmemv# aw aj xbiq hme‑x |ae# `eh xbiq b`zi xbiav m|e
69 Gmddaxxii $$
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0>8
0 XBI GMYVX? Xb`x‑w ‗$
6 DW% J@XIC? ‗$ xbie ̀ ! xbiq‑vi hy~cag`xazi mj xbi
7 Gvihaxmvw Gmddaxxii; `eh f! aj xbiq hm `hh z`cyi# xbiq b`zi `e
8 `zieyi xm gmdi ae `eh `wk jmv viadfyvwidiex jmv xbiav ir~iewiw%
9 XBI GMYVX? Xbi mecq |`q xbiq ̀ hh z`cyi xm xbi
: Iwx`xi aw fq cmwael# ax wiidw xm di# `vly`fcq%
< DW% J@XIC? \icc# A xbaek xb`x‑w |bivi |i gmdi myx#
2 Qmyv Bmemv% @eh xb`x‑w |b`x‑w wm xvmyfcael `fmyx xbaw% \i‑vi
1 `wkael ‗$ |i‑vi fiael `wkih fq ` waelci lvmy~ mj Gvihaxmvw xm
0> jyeh caxal`xame xb`x |acc fi `hzivwi xm xbi Iwx`xi# `eh |acc#
00 aj xbiq `vi gmvvigx# ieyvi wmcicq xm xbiav fieijax% \i oywx
06 hme‑x wii xb`x xbi c`| wy~~mvxw xb`x xbi Gmyvx wbmych irivgawi
07 axw hawgvixame `eh `~~maex ` Gmddaxxii jmv xb`x ~yv~mwi% Xb`ek
08 qmy%
09 XBI GMYVX? Xb`ek qmy%
0: DV% DGD@BME? Qmyv Bmemv# lmmh ̀ jxivemme# Omwi~b
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02 `eh oywx lm mziv wmdi mj xbi ~vmgihyv`c wxi~w |bagb mggyvvih y~
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6> dmxame% Qmyv Bmemv# |i jacih ‗$ irgywi di ‗$ myv mjjagi jmvdih
60 `e Mjjaga`c Gmddaxxii mj Yewigyvih Gvihaxmvw me xbi javwx
66 Dmeh`q ae @~vac% @eh `w ax‑w emxih ae xbi dmxame# Dv%
67 Wgbvmihiv# A ficaizi# wyfdaxxih ` pyiwxamee`avi me fib`cj mj
68 badwicj aehazahy`ccq# `eh `cwm me fib`cj mj xbi @h Bmg Lvmy~#
69 bm|iziv hijaeih mv yehijaeih ax |`w `w mj xb`x h`xi# jmv
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0>9
0 vi~viwiex`xame me xbi Gmddaxxii%
6 Xbiq g`di xm xbi x`fci wiikael wi`xw me xbi Mjjaga`c
7 Gmddaxxii mj Yewigyvih Gvihaxmvw% Xbivi‑w em pyiwxame `fmyx
8 xb`x% @eh myv mjjagi `~~maexih ` <$didfiv Gmddaxxii% @eh
9 eiaxbiv Dv% Wgbvmihiv emv `eq mxbiv @h Bmg Gmddaxxii didfivw
: |ivi `~~maexih xm xbi Gmddaxxii `x xb`x xadi%
< @ ji| h`qw c`xiv# |i vigiazih ` cixxiv jvmd xbi ~c`e
2 Fieijaga`vaiw xbvmylb Dv% Ki`gb% @eh ax‑w `xx`gbih `w `e
1 irbafax xm myv mfoigxame% @eh xb`x cixxiv vipyiwxih
0> `~~maexdiex mj xbaw Gmddaxxii mecq% Xbi ahi` mj lixxael ` wi`x
00 me xbi Mjjaga`c Gmddaxxii mj Yewigyvih Gvihaxmvw b`h `~~`viexcq
06 fiie `f`ehmeih fq xbi ~c`e Fieijaga`vaiw% Wm `w aw myv xq~ag`c
07 gmyvwi mj `gxame ae xbiwi xq~iw mj gavgydwx`egiw# myv mjjagi
08 jmv|`vhih xb`x gmvviw~mehiegi xm# `eh A‑cc g`cc ax# xbi Gmyvx
09 mj Gmewxaxyiegaiw ae xbi g`wi# xbi Hifxmvw# xbi Mjjaga`c
0: Gmddaxxii mj Yewigyvih Gvihaxmvw# `eh `cwm xbi H$A$^ Ciehivw#
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6> m~~mvxyeaxq xm vizai| xbmwi viw~mewiw ~vi$jacael% Wm# Qmyv
60 Bmemv# myv ~`~iv c`qw myx# A xbaek# |b`x myv iwwiexa`c ~mwaxame
66 aw me xbi cil`c awwyiw |axb viw~igx xm `hipy`xi vi~viwiex`xame
67 `eh |bixbiv xbaw Gmyvx wbmych irivgawi axw hawgvixame ae xivdw
68 mj ̀ ~~maexael ̀ Gmddaxxii%
69 A‑h caki xm `hhviww ` ji| ~maexw xb`x xbi Gmyvx v`awih ae
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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0> hieq xbi vicaij |axbmyx ~vioyhagi `eh `wk xb`x gmyewic gmejiv
00 `eh wyfdax `e mvhiv yehiv givxajag`xame |bagb ~vmzahiw jmv xbaw
06 vycael xb`x A d`hi jmv xbi vi`wmew A,zi wx`xih me xbi vigmvh#
07 `eh xm xbi irxiex xb`x xbi Dmz`exw |awb xm b`zi ax# xm aegcyhi
08 ` ~vmzawame xb`x aehag`xiw xbi jyehw wbmych vid`ae wilvil`xih
09 yexac jyvxbiv mvhiv mj xbaw Gmyvx% @vi xbivi `eq pyiwxamew
0: `fmyx |b`x wbmych lm ae xbi mvhiv=
0< DV% KI@GB? Em# Qmyv Bmemv# ̀ eh |i givx`aecq |mych
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6> XBI GMYVX? @cc valbx# xb`ek qmy% Cix,w dmzi me xm
60 xbi eirx d`xxiv% Mv cix di `wk xbaw# `x |b`x ~maex hah |i |`ex
66 xm hm myv xici~bmei |axeiww ae gmeeigxame |axb xbi w`ci=
67 DV% BYWXME? ^`vhme di# Qmyv Bmemv $$
68 XBI GMYVX? Qiw# Dv% Bywxme%
69 DV% BYWXME? $$ Omwi~b Bywxme me fib`cj mj xbi
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00:
0 Hijivvih Gmd~% Gc`ad`exw% Xbivi `vi wmdi $$ dq jmckw b`zi wmdi
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7 fywaeiww aw gmegcyhih% D`q |i fi irgywih=
8 XBI GMYVX? Qmy d`q%
9 DV% BYWXME? Xb`ek qmy zivq dygb%
: DW% YBC@EH? Qmyv Bmemv# A xbaek |i g`e hm $$
< `hhviww xbi Lviie|agb W`ci Mvhiv em|% A xbaek |i g`e hm xb`x
2 v`xbiv pyagkcq%
1 XBI GMYVX? Mk`q%
0> DW% YBC@EH? Bmch me mei wigmeh% @cc valbx# Qmyv
00 Bmemv# |i em| b`zi xbi mvalae`c vijcigxael xbi gb`eliw |i
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07 Dv% Kizae H|qiv me xbi xici~bmei%
08 DV% H\QIV? Qiw# A,d me# Wy`eei%
09 DW% YBC@EH? Xb`ek qmy%
0: XBI GMYVX? Cix di oywx $$ hm qmy kem| Dv% H|qiv#
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02 DW% YBC@EH? Qiw# A hm%
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6> baw zmagi=
60 DW% YBC@EH? A g`e# Qmyv Bmemv%
66 XBI GMYVX? @cc valbx# cixw b`zi bad w|mve ae xbie%
67 KIZAE H\QIV# HIFXMVW, \AXEIWW# W\MVE
68 XBI GCIVK? ^ci`wi wx`xi qmyv jycc e`di ̀ eh w~icc
69 qmyv c`wx e`di jmv xbi Gmyvx%
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00<
0 DV% H\QIV? Kizae Omwi~b H|qiv# H$\$Q$I$V%
6 XBI GCIVK? Xb`ek qmy%
7 DW% YBC@EH? Qmyv Bmemv# xm j`gacax`xi baw
8 xiwxadmeq# A |`w lmael xm ~vmjjiv xbi gmexiexw mj baw xiwxadmeq
9 `eh xbie d`ki bad `z`ac`fci jmv gvmww `eh jmv pyiwxamew mj xbi
: Gmyvx%
< XBI GMYVX? @cc valbx# lm ̀ bi`h%
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0> Ei| Giexyvq Dmvxl`li Gmv~mv`xame `eh b`w fiie waegi Wi~xidfiv
00 mj 6>>9# `eh xb`x bi aw xbi Zagi ^viwahiex |axb viw~mewafacaxq
06 jmv xbi Hifxmvw, wigmeh`vq d`vkix m~iv`xamew% Bi |mych jyvxbiv
07 xiwxajq xb`x bi aw j`daca`v |axb xbi Hifxmvw, `gxazaxaiw |axb
08 viw~igx xm xbi w`ci mj axw cm`ew# aegcyhael axw cm`ew emx
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0: xm axw viwahy`cw `eh w`ci mj xbmwi viwahy`cw%
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01 Lviie|agb @wwix ^yvgb`wi @lviidiex# aegcyhael ae xb`x viw~igx
6> vizai|ael xbi vi~viwiex`xamew d`hi fq xbi Hifxmv ae gmeeigxame
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68 vizai|ih xbi @wwix ^yvgb`wi @lviidiex ~vm~mwih xm fi iexivih
69 aexm fix|iie xbi Hifxmvw `eh Iccaelxme# aegcyhael xbi gb`eliw
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002
0 d`hi fq Iccaelxme xm xbi vi~viwiex`xamew xb`x b`h ~vizamywcq $$
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7 Dv% H|qiv |mych jyvxbiv xiwxajq xb`x xbi vi~viwiex`xamew
8 `eh |`vv`exaiw mj xbi wicciv wix jmvxb ae wigxame $$ irgywi di#
9 @vxagci 8 mj xbmwi $$ mj xb`x `lviidiex `vi xvyi `eh gmvvigx `w
: mj xbi h`xi d`hi% Bi |mych jyvxbiv xiwxajq |axb viw~igx xm xbi
< ~yvgb`wih `wwixw xb`x xbi Hifxmvw m|e xbi ~yvgb`wih `wwixw
2 ahiexajaih ae xbi @wwix ^yvgb`wi @lviidiex `w hijaeih xbiviae#
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0> |bagb di`ew xbi Hifxmv,w aexiviwxw# valbxw `eh xaxciw xm xbi
00 viwahy`cw wix jmvxb me xbi wgbihyci xm xbi @wwix ^yvgb`wi
06 @lviidiex `eh xbi vic`xih wigyvaxa`xame gci`e$y~w g`ccw xm xbi
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08 viwahy`cw% @eh xb`x |mych gmegcyhi Dv% H|qiv,w xiwxadmeq |axb
09 viw~igx xm xbi `ggyv`gq mj xbi vi~viwiex`xamew `eh |`vv`exaiw%
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60 vi~viwiex`xamew |ivi xvyi `eh gmvvigx `w mj xbi h`xi xbiq |ivi
66 d`hi%
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69 oywx gmejavd |axb Dv% H|qiv xb`x xbiq `vi $$ A hme‑x kem| aj A
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001
0 g`e `wk ̀ havigx pyiwxame=
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7 DW% YBC@EH? Dv% H|qiv# ̀ vi xbi vi~viwiex`xamew ̀ eh
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9 h`xi=
: DV% H\QIV? Qiw# xbiq ̀ vi%
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1 xb`ek qmy zivq dygb%
0> DV% H\QIV? Qmy‑vi |icgmdi# Qmyv Bmemv# xb`ek qmy%
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07 xbi @wwix W`ci Mvhiv# aj A d`q ~`ww ax y~=
08 XBI GMYVX? Qiw# qmy d`q% A ̀ wwydi mxbivw b`zi b`h
09 ` gb`egi xm vizai| ax ̀ x xbaw ~maex=
0: DW% YBC@EH? Qiw# xbiq b`zi# Qmyv Bmemv%
0< XBI GMYVX? @cc valbx% Hmiw ̀ eqmei g`vi xm fi bi`vh
02 me xbi jae`c vizawih hv`jx mj xbi Jmvd mj Mvhiv=
01 @CC? "Em zivf`c viw~mewi!%
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60 waleih%
66 DW% YBC@EH? Xb`ek qmy# Qmyv Bmemv%
67 "^`ywi ae ~vmgiihaelw!
68 DW% YBC@EH? Qmyv Bmemv# |i,h em| caki xm xyve xm
69 xbi Vixiexame `eh Aegiexazi ^c`e Dmxame%
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06>
0 XBI GMYVX? @cc valbx% Dv% DgD`bme=
6 DV% DGD@BME? Qmyv Bmemv# lmmh ̀ jxivemme% Omwi~b
7 DgD`bme `l`ae% Qmyv Bmemv# |i `~~vm`gb xmh`q |axb ` bi`vael me
8 xbi Yeaxih Wx`xiw Xvywxii,w Dmxame xm Gmexaeyi xbi Bi`vael me
9 xbaw ~`vxagyc`v dmxame# xbi Aegiexazi Vixiexame ^c`e Dmxame#
: wgbihycih `w ~iv Jvah`q,w xicigmejiviegi% @eh Qmyv Bmemv
< aehag`xih xb`x bi |`exih xm bi`v xbi jycc izahiexa`vq vigmvh
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07 `vi fiael ~viwiexih xm xbi Gmyvx; `eh dq yehivwx`ehael aw xbi
08 Gmyvx b`h emx iaxbiv%
09 Qmyv Bmemv# A vigiazih xbi id~cmqii lvah# |bagb fvi`kw
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6> Fieijaga`vaiw, gmyewic# A |acc vi~viwiex xm xbi Gmyvx xb`x A
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66 xb`x A,zi fiie ~viwiexih |axb% Hm A lieiv`ccq yehivwx`eh xbi
67 j`gx xb`x xbiq $$ xbi eilmxa`xamew ~vmgiihih ae ` d`eeiv xb`x
68 xbi Gmddaxxii eilmxa`xih wmdi `hhaxame`c gb`eliw xb`x `vi
69 ~viwyd`fcq j`zmv`fci xm xbi Hifxmvw, iwx`xiw wygb xb`x xbi
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060
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6 b`w fiie vihygih= Qiw# A hm yehivwx`eh xb`x% Fyx `l`ae# aj
7 xbi pyiwxame fiael ~mwih xm myv mjjagi aw |mych |i `~~viga`xi
8 xbi `hhaxame`c xadi xm vizai| xbi ~c`ew xm hawgyww xbid
9 aexive`ccq# ~ivb`~w xm gmddyeag`xi |axb xbi vi~viwiex`xaziw mj
: xbi iwx`xiw vil`vhael xbi ~c`ew# |i |mych% Xb`x,w f`wag`ccq
< |bivi myv mjjagi wx`ehw me xbaw awwyi%
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00 gb`eliw xb`x |ivi d`hi xm xbi ~c`ew% Mei aw xbi gmexaeyael
06 eilmxa`xamew |axb xbi Gvihaxmvw Gmddaxxii xm ~vmzahi xbid
07 gmegiwwamew% Xbi mxbiv vi`wme xb`x xbi ~c`ew |ivi hajjagycx xm
08 gb`eli aw xbi ~c`e xmx`cw higvi`wi `w xbi eydfiv mj
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02 eydfiv mj id~cmqiiw# aegcyhael ialbx mv eaei mj xbi ~c`e
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60 kii~ xv`gk mj xbi ~im~ci |bm `vi fiael cmwx aw xbi ~vad`vq
66 vi`wme xb`x |i |ivi ye`fci xm lix xbi gmd~cixih vizawih vmwxiv
67 xm Dv% DgD`bme fijmvi xmh`q% A,d zivq gmegiveih xb`x xbi
68 Hifxmvw# |bm `vi ae hiw~iv`xi eiih mj xbiav id~cmqiiw# emx fi
69 ~yeawbih jmv xbi j`gx xb`x xbiq# qmy kem|# `vi `cvi`hq cmwael
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066
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7 d`kael igmemdag gmegiwwamew |axb xbi Gvihaxmvw Gmddaxxii#
8 wmdixbael |mych wiid wmvx mj gmexv`vq xm wmvx mj xbi ~yv~mwi
9 xbi Hifxmvw `eh Gvihaxmvw Gmddaxxii omaexcq zai|# qmy kem|# xbi
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< vi`wmew# xbi igmemdag gmegiwwamew `eh xbi cmww mj ~`vxaga~`exw
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08 xbi Gmyvx |axb wmdi `hhaxame`c irbafaxw-Gcajj Emxi zivwamew mj
09 xbi ~c`ew# ax dalbx fi dmvi vi`h`fci# `eh ir~c`ae xm xbi Gmyvx
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66 mxbiv ~vad`vq mfoigxame vic`xiw xm gc`vajqael xbi aewahiv
67 wx`xyw mj xbi ~`vxaga~`exw xm iewyvi gmd~ca`egi |axb 9>7% Me
68 fmxb mj xbmwi ~maexw# Qmyv Bmemv# xbi Hifxmvw `l`ae jiic xb`x
69 xbiwi ~c`ew `vi yegb`elih jvmd xbmwi jacih c`wx |iik# `eh
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067
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6 xbvmylb havigx xiwxadmeq xb`x Dv% Wxive mj Vagb`vhw C`qxme,w
7 lmael xm fi b`ehcael xbi |axeiwwiw wigmeh% Wm A,h caki xm x`ki
8 wmdi xadi lmael xbvmylb xbi wxvygxyvi mj xbi ~c`ew `eh xbie
9 ~viwiexael fmxb mj xbmwi awwyiw xbvmylb xbi |axeiww xiwxadmeq%
: \i,cc fi b`zael Dw% Bmccq Ixcae mj @cir ^`vxeivw xiwxajqael me
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2 gmd~iew`xame ir~ivx# `cwm xiwxajqael me xbi ~c`e wxvygxyvi%
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07 wx`vx# A,h ~vm~mwi xm b`eh y~ `eh d`ki `z`ac`fci xm xbi ~`vxaiw
08 ae xbi Gmyvxvmmd ` fvaij wydd`vq mj xbi xivdw mj xbi ~c`e `w
09 xbiq gyvviexcq wx`eh%
0: "^`ywi ae ~vmgiihaelw!
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01 XBI GMYVX? Qmy d`q%
6> "Xbi Gmyvx vigiaziw hmgydiex!
60 XBI GMYVX? Xb`ek qmy%
66 "^`ywi ae ~vmgiihaelw!
67 DW% YBC@EH? Qmyv Bmemv# |bie xbi Hifxmvw mvalae`ccq
68 gmewxvygxih xbiwi ~c`ew# xbiq gmewxvygxih xbid wygb xb`x xbi
69 ~`vxaga~`exw ae xbi ~c`ew |mych fq dmxaz`xih xm `wwawx `eh
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068
0 ~`vxaga~`xi `eh d`radai z`cyi ae xbi Hifxmvw, w`ci ~vmgiww%
6 Jyvxbiv# |axb viw~igx xm xbi cm|iv cizic id~cmqiiw xb`x |ivi
7 ~`vxaga~`exw ae xbi ~c`e# xbi Hifxmvw ~vm~mwih xm d`ki
8 vixiexame ~`qdiexw% Fijmvi lixxael xm xbiwi ~c`ew xb`x |ivi
9 jacih c`wx |iik# fix|iie xbi xadi xbiq |ivi mvalae`ccq jacih
: `eh xbi xadi |i jacih xbid c`wx |iik# |i d`hi xbvii ad~mvx`ex
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06:
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 087
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 088
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 089
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 08:
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 08<
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 082
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 081
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 090
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 098
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 099
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 09:
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 091
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 0:0
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 0:7
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 0:8
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 0:9
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 0:1
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Havigx 0<>
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Ixcae $ Havigx 0<0
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 0<2
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 0<1
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69 wahi= Mk`q# Y%W% Xvywxii%
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Ixcae $ Gvmww 02>
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Ixcae $ Gvmww 020
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Ixcae $ Gvmww 026
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69 P% Mk`q% Em|# xbi ~c`ew |ivi ~viwiexih xm xbi Gmd~iew`xame
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Ixcae $ Gvmww 027
0 Gmddaxxii ae xbi jmvd mj ` ~vm~mw`c# A ~viwydi# gmvvigx=
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Ixcae $ Gvmww 028
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69 ycxad`xicq iehih y~ ae xbi ~c`e |axb vil`vh xm xbi id~cmqiiw
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Ixcae $ Gvmww 029
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Ixcae $ Gvmww 02:
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 02<
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 022
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69 irigyxih ` gmejahiexa`caxq `lviidiex |axb viw~igx xm axw
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 021
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69 xbie d`kael xbmwi `z`ac`fci ae `e mvl`eaih jmvd xm xbi z`vamyw
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 01>
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69 oywx f`wih me cmmkael `x xbi dmxame# `w @~vac 00xb# aj xb`x
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 010
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69 xbmwi `vi xbi fmwwiw mj xbi ~im~ci |bm |mvk `x xbi gmd~`eq%
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 016
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69 xb`x xbiq ~vmzahih xbid% A xbaek xb`x xbiq b`h wyfwx`exa`c
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 017
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 018
0 ~vmzahi wmdimei |axb `e aegiexazi `eh xicc xbid xb`x aj xbiq
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 019
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67 `eq mxbiv j`gxmvw xb`x xbi gmd~`eq gmewahivih ae hixivdaeael
68 |bixbiv xm hiwale`xi wmdimei `w ` ~c`e ~`vxaga~`ex=
69 @% Xbi $$ `eh A‑cc oywx lm xbvmylb xbid jvmd xm~ xm fmxxmd# `w
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 01:
0 A g`e‑x vididfiv ir`gxcq |bagb x|m j`gxmvw |i‑zi `cvi`hq
6 ~vizamywcq hawgywwih% W~iga`caih kem|cihli aw mei# |bagb aw
7 w~iga`caih kem|cihli mj xbi aehywxvq% Xbivi‑w `cwm
8 `ggydyc`xih bawxmvag`c kem|cihli |axb vil`vh xm xbiav omf
9 jyegxame |axbae xbi gmd~`eq `eh xbi xv`ew`gxamew `eh z`vamyw
: `gxazaxaiw xb`x ~`wwih mziv xbiav hiwk# |bivi xbi hmgydiexw
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0> kem|cihli jvmd xbi myxwahi wbmych xb`x id~cmqii gbmmwi xm x`ki
00 ` omf icwi|bivi `eh xbi `jjigx xb`x dalbx b`zi me xbi w`ci
06 ~vmgiww# fmxb `w xm xadael `eh ~mxiexa`ccq `w xm `dmyex fig`ywi
07 mj xbi gmexaeliegaiw `wwmga`xih |axb xb`x% A xbaek xbmwi |mych
08 fi xbi ~vad`vq j`gxmvw% Xbivi d`q fi mxbivw% A g`e‑x
09 w~igajag`ccq vig`cc `w A wax bivi xmh`q%
0: P% @cc valbx% A b`zi ` ji| dmvi pyiwxamew jmv qmy# Dw% Ixcae%
0< Javwx# |mych ax fi j`av xm gb`v`gxivai xbiwi f`ekvy~xgq g`wiw
02 `w capyah`xael Gb`~xiv 00 g`wiw# f`wih y~me qmyv ir~ivaiegi=
01 @% Qiw# |i‑vi `xxid~xael $$ A di`e# xbivi‑w mfzamywcq ` fvm`h
6> z`vaixq mj capyah`xael Gb`~xiv 00,w% \i‑vi `xxid~xael xm wicc
60 `w dygb `w `e m~iv`xael fywaeiww `eh xm ~viwivzi id~cmqii omfw
66 `w ~mwwafci# fyx xb`x givx`aecq j`ccw yehiv xb`x fvm`h
67 g`xilmvq%
68 P% Mk`q% @eh xbi Hifxmvw $$ qmy xiwxajaih xbi Hifxmvw b`zi
69 vix`aeih C``vh% Xbiq‑vi gmd~iew`xael C``vh# |b`x# wmdi
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Gvmww 01<
0 jalyvi emvxb mj (9 daccame jmv xbiav |mvk ae ci`hael xbi w`ci
6 ~vmgiwwiw# aw xb`x gmvvigx=
7 @% A lyiww% @l`ae# A |`we‑x ` ~`vxq xm C``vh‑w jii
8 eilmxa`xame% A `wwydi xbiq‑vi lmael xm fi gmd~iew`xih jmv xbi
9 irxiewazi |mvk xbiq‑zi aegyvvih bivi%
: P% Mk`q% Xyveael xm# w~igajag`ccq# xbi Zagi ^viwahiexw `eh
< @wwawx`ex Zagi ^viwahiexw xb`x `vi ~`vx mj xbi vixiexame ~c`ew#
2 hm qmy b`zi `e yehivwx`ehael `w xm |b`x xbiav f`wi w`c`vq
1 v`eliw |ivi ae 6>>:# w`q irgcywazi mj fmeyw gmd~iew`xame=
0> @% Emx xb`x A g`e w~igajag`ccq vig`cc `w A wax bivi xmh`q%
00 P% Mk`q% Hm qmy kem| |b`x xbiav xmx`c gmd~iew`xame
06 `vv`elidiexw |ivi# w`c`vq ~cyw fmeyw=
07 @% Em# aj A g`e‑x vig`cc xbi javwx axid# A givx`aecq g`e‑x
08 vig`cc xbi wigmeh%
09 P% Em|# ae xbi c`wx zivwame mj xbi ~c`ew xb`x |ivi ~vm~mwih xm
0: xbi F`ekvy~xgq Gmyvx# war id~cmqiiw mj xbi |bmciw`ci hazawame
0< |ivi ̀ hhih xm xbi ~c`ew# gmvvigx=
02 @% Xb`x aw gmvvigx% Xbmwi |ivi xbi id~cmqiiw xb`x |ivi
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60 P% Mk`q# wm xbiq |ivi xbi wyfoigx mj xbi $$ A lyiww xbi ~vamv
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67 \`li Dmxame# gmvvigx=
68 @% Qiw# xb`x aw gmvvigx%
69 P% Wm cix di lix xbaw wxv`albx% Xbi Hifxmvw gmdi jmv|`vh xm
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Vihavigx 012
0 xbi F`ekvy~xgq Gmyvx wiikael vicaij% \i mfoigx% Xbi Gmyvx
6 mzivvyciw xb`x vicaij# `eh xbie qmy gmdi f`gk xm xbi Gmyvx `eh
7 qmy ~vm~mwi xb`x xbiq vigiazi aegiexazi gmd~iew`xame# aw xb`x
8 ax= Aw xb`x xbi ~vmlviwwame=
9 @% Wm $$ wav# A |`w ~viwiex ae xbi Gmyvx xb`x h`q# `eh A bi`vh
: |b`x |`w w`ah |axb vil`vh xm xbmwi id~cmqiiw% @eh A# jv`ekcq#
< haw`lvii |axb qmyv gb`v`gxiva`xame% Ax |`w hixivdaeih xb`x
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1 |`w fiael `~~vmzih ae gmeoyegxame |axb xbi Javwx H`q Dmxamew#
0> `eh xbi Hifxmv |`w# A ficaizi ae dq m~aeame# iegmyv`lih xm gmdi
00 f`gk `eh aegcyhi xbid ae wmdi jmvd mj jyvxbiv vixiexame ~c`e#
06 `eh xbi Hifxmv gbmwi xm hm wm%
07 P% Mk`q% Em| $$ wm xbi Hifxmvw `hhih xbiwi aehazahy`cw xm xbi
08 ~c`ew% A ~viwydi xb`x xbiav gmd~iew`xame aw $$ |icc# wxvaki
09 xb`x%
0: DV% DGD@BME? A hme‑x b`zi ̀ eq jyvxbiv pyiwxamew jmv
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01 vihavigx=
6> DV% WXIVE? A xbaek A b`zi oywx xbvii mv jmyv
60 pyiwxamew# Qmyv Bmemv% @eh xbiq‑vi lmael xm fi zivq lieiv`c
66 pyiwxamew# Dw% Ixcae%
67 VIHAVIGX IR@DAE@XAME
68 FQ DV% WXIVE?
69 P% Xbivi |ivi ` cmx mj pyiwxamew `wkih mj qmy `fmyx# A lyiww#
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Vihavigx 011
0 |mvk xb`x C``vh hah ~vamv xm xbi ~ixaxame h`xi% Hm qmy vig`cc
6 wmdi xiwxadmeq me xb`x wyfoigx=
7 @% Qiw%
8 P% Mk`q% Aj C``vh# jmv aewx`egi# |`w ~yxxael ~`gk`liw mj
9 aejmvd`xame xmlixbiv jmv ~vmzahael xm ~mxiexa`c ~yvgb`wivw#
: |bivi |`w C``vh lmael xm lix xb`x aejmvd`xame=
< @% Jvmd xbi gmd~`eq‑w id~cmqiiw `eh jvmd yw% @w ` d`xxiv mj
2 j`gx# xb`x |`w mei mj myv javwx dmwx w~igajag x`wkw |`w xm bic~
1 xbid |axb `e irxv`mvhae`vq zmcydi mj aejmvd`xame xb`x eiihih xm
0> fi mfx`aeih jvmd ` z`vaixq mj gmd~`eq id~cmqiiw |bivi xbivi
00 oywx |`we‑x xadi iemylb ae xbi h`q jmv xbid xm hm ax%
06 P% @eh A xbaek |i `hhviwwih xbaw ~maex ae qmyv havigx# fyx ax
07 d`q fi`v vi~i`xael% @x xbi xadi xbi id~cmqiiw |ivi |mvkael me
08 xbi w`ciw ~vi$~ixaxame# izie aj xbi ~c`ew xbidwicziw |axb `cc
09 xbiav w~igajagw |ivi emx qix me jaci# hm qmy ficaizi xb`x xbi
0: id~cmqiiw |ivi m~iv`xael yehiv ` ficaij xb`x xbiq |mych
0< iziexy`ccq fi ~vmzahih |axb wmdi jmvd mj aegiexazi ~`q=
02 @% Qiw# A hm%
01 P% Mk`q% Hm qmy xbaek xb`x |i eiih xbi id~cmqiiw xb`x b`zi
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60 `gvmww xbi jaeawb caei me xbi w`ciw xb`x b`zi fiie ~vm~mwih=
66 DV% DGD@BME? Mfoigxame# ̀ wkih ̀ eh ̀ ew|ivih%
67 XBI GMYVX? Wywx`aeih%
68 FQ DV% WXIVE?
69 P% Mei mv x|m pyiwxamew me xbi @wwawx`ex Zagi ^viwahiexw `eh
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Ixcae $ Vihavigx 6>>
0 xbi Zagi ^viwahiexw% Xbiwi `vi xbi aehazahy`cw# `w qmy‑cc
6 vig`cc# |bm b`zi fiie ~vm~mwih jmv xbi vixiexame ~c`e# mk`q#
7 xbi vixiexame ~mvxame mj xbi ~c`e% Xbivi d`q mv d`q emx fi
8 wmdi aegiexazi gmd~iew`xame jmv wmdi mj xbid# fyx izie xbmylb
9 qmy hme‑x kem| xbiav ir`gx gmd~iew`xame# `cc 62 mj xbid# `vi
: xbiwi @wwawx`ex Z^‑w `eh Z^‑w `dmel xbi dmwx balbcq gmd~iew`xih
< aehazahy`cw `x xbi Hifxmvw=
2 @% Em% @w ` d`xxiv mj j`gx# A ~vizamywcq gb`v`gxivaih xbid
1 `w xbi aehazahy`cw xb`x |mych mjxie fi`v# ae mxbiv gmd~`eaiw
0> xb`x A‑zi |mvkih |axb# xbi wy~ivzawmv xaxci% Xbiq‑vi dahhci
00 d`e`lidiex xm cm|iv dahhci d`e`lidiex aehazahy`cw%
06 P% Aj A |ivi xm wylliwx ` v`eli mj `~~vmrad`xicq 89#>>> xm
07 6>>#>>> |mych xb`x bic~ xm vijviwb qmyv vigmccigxame `w xm
08 `~~vmrad`xicq xbi w`c`vaiw mj xbiwi aehazahy`cw=
09 DV% DGD@BME? Mfoigxame% Xbi |axeiww ~vizamywcq
0: xiwxajaih wbi hmiwe‑x kem|%
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02 `fci xm%
01 @% Xb`x |mych# jmv xb`x cizic mj id~cmqii $$ `eh `l`ae# `fmyx
6> ` xbavh mj xbid A‑zi `gxy`ccq b`h ~ivwme`c aexiv`gxame |axb `x
60 xbaw ~maex# `eh wm# qmy kem|# A |mych ir~igx xb`x xb`x |mych fi
66 wmvx mj xbi emvd`c gmd~iew`xame v`eli jmv wmdifmhq mj xb`x
67 cizic mj xbi gmd~`eq% Fyx `l`ae# A b`zi $$ `w A xiwxajaih
68 ~vizamywcq# A b`zi em w~igajag kem|cihli mj |b`x xbiq `gxy`ccq
69 d`ki%
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Zmav Havi 6>0
0 DV% WXIVE? Em jyvxbiv pyiwxamew# Qmyv Bmemv%
6 XBI GMYVX? Mk`q% Aw xbivi ̀ eq vigvmww=
7 DV% DGD@BME? Em# Qmyv Bmemv%
8 XBI GMYVX? @cc valbx# xb`ek qmy% Qmy d`q wxi~
9 hm|e% \i‑cc x`ki ` 0> daeyxi vigiww `eh viwydi |axb xbi eirx
: |axeiww%
< "Gmyvx ae vigiww!
2 DV% WXIVE? $$ ̀ ~~viga`xi xbi Gmyvx,w aehycliegi%
1 Xbi eirx |axeiww |acc fi ` cmx wbmvxiv `eh xbie |i,cc bm~ijyccq
0> ~vmgiih xm `vlydiex%
00 XBI GMYVX? Zivq |icc%
06 DV% WXIVE? Qmyv Bmemv# Hifxmv‑w g`cc Jv`ek
07 Lc`wweiv%
08 JV@EK F% LC@WWEIV# HIFXMV‑W \AXEIWW# W\MVE
09 XBI GCIVK? Gmych qmy wx`xi qmyv jycc e`di ̀ eh w~icc
0: qmyv c`wx e`di jmv xbi vigmvh%
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02 W$W$E$I$V%
01 XBI GCIVK? Xb`ek qmy%
6> ZMAV HAVI
60 FQ DV% WXIVE?
66 P% Dv% Lc`wweiv fq |bmd `vi qmy id~cmqih=
67 @% Gmd~iew`xame Hiwale Lvmy~%
68 P% Aj A vijiv xm xb`x iexaxq `w GHL# |acc qmy kem| |b`x A‑d
69 x`ckael `fmyx=
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Zmav Havi 6>6
0 @% Qiw# A |mych%
6 P% Mk`q# |b`x‑w qmyv ~mwaxame ̀ x GHL=
7 @% A‑d xbi Gbaij Irigyxazi Mjjagiv `eh `cwm xbi ci`hiv mj xbi
8 Irigyxazi ^`q ^v`gxagi%
9 P% Wav# hah qmy jmyeh GHL=
: @% Qiw# A hah%
< P% @eh |bie |`w xb`x=
2 @% Xb`x |`w 0110%
1 P% @eh qmy b`zi fiie |axb GHL waegi 0110=
0> @% Qiw# A b`zi%
00 P% \b`x hmiw GHL hm=
06 @% Gmd~iew`xame Hiwale Lvmy~ aw ` gmd~iew`xame gmewycxael
07 javd%
08 P% Hmiw GHL b`zi `eq `vi`w mj w~iga`cxq=
09 @% Qiw# ax hmiw% Ae xbi jaich mj irigyxazi ~`q# aegiexazi
0: ~`q# |`li `eh w`c`vq `hdaeawxv`xame# ~ivjmvd`egi d`e`lidiex#
0< ~ivjmvd`egi `~~v`aw`c `w ax vic`xiw xm gmd~iew`xame ~vmlv`dw#
02 w`ciw `eh d`vkixael aegiexaziw# `eh fm`vh mj havigxmvw ~`q `eh
01 gmd~iew`xame awwyiw `w ax vic`xiw xm ` fm`vh mj havigxmvw%
6> P% Wav# |bivi |ivi qmy id~cmqih fijmvi GHL=
60 @% @x Hicmaxxi * Xmygbi%
66 P% Bm| d`eq qi`vw |ivi qmy xbivi=
67 @% @~~vmrad`xicq jmyv%
68 P% @eh |b`x |`w qmyv c`wx ~mwaxame `x Hicmaxxi * Xmygbi=
69 @% A b`h ` H Javdw Lcmf`c Vi|`vhw ^v`gxagi%
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Zmav Havi 6>7
0 P% @eh |b`x |`w xbi Hicmaxxi * Xmygbi Lcmf`c Vi|`vhw ^v`gxagi=
6 @% Ax |`w xbi gmd~iew`xame ~v`gxagi%
7 P% \bivi |ivi qmy id~cmqih fijmvi Hicmaxxi * Xmygbi=
8 @% K^DL ^ixi D`v|agk%
9 P% @eh bm| d`eq qi`vw |ivi qmy xbivi=
: @% @~~vmrad`xicq jazi%
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2 @% Xbi bi`h mj xbi \iwxive Y%W% `eh @wa` ^`gajag Gmd~iew`xame
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0> P% Wav# aj dq d`xb aw gmvvigx# qmy‑zi w~iex xbi c`wx 7> ~cyw
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06 Gmewycxael# aw xb`x gmvvigx=
07 @% Qiw# wav%
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6> xbvmylb vimvl`ea`xamew# b`zi qmy b`h=
60 @% @~~vmrad`xicq 69%
66 P% Mk`q% B`w ` wyfwx`exa`c ~mvxame mj qmyv gmewycxael
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68 gmd~iew`xame `eh aegiexazi ~c`ew=
69 @% Qiw%
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Havigx 6>8
0 P% Hm qmy gmewahiv qmyvwicj xm fi `e ir~ivx ae xbi hizicm~diex
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9 @% A‑zi w~iex xbi fixxiv ~`vx# aj emx dq iexavi g`viiv# hmael
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08 @% Xbi Wx`xi mj G`cajmvea` Wy~ivamv Gmyvx J`dacq C`| Hazawame%
09 DV% WXIVE? Qmyv Bmemv# Hifxmv‑w ~vmjjiv Dv%
0: Lc`wweiv `w `e ir~ivx me gmd~iew`xame `eh aegiexazi ~c`ew%
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02 DV% DGD@BME? Em mfoigxame jvmd xbi Y%W% Xvywxii#
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6> XBI GMYVX? Qmy d`q ~vmgiih%
60 DV% WXIVE? Xb`ek qmy# Qmyv Bmemv%
66 HAVIGX IR@DAE@XAME
67 FQ DV% WXIVE?
68 P% Dv% Lc`wweiv# b`w GHL ~vizamywcq ~vmzahih gmd~iew`xame
69 gmewycxael wivzagiw xm xbi Hifxmvw=
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Havigx 6>9
0 @% Qiw%
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7 @% @~~vmrad`xicq 6>>7%
8 P% @eh b`zi qmy# ~ivwme`ccq# ~vmzahih gmd~iew`xame $$ irgywi
9 di# b`zi qmy ~ivwme`ccq ~vmzahih `hzagi xm xbi Hifxmvw waegi
: 6>>7=
< @% Qiw%
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0> @% @hzagi ae xbi jaich mj axw irigyxazi ~`q ~c`ew# wicigx
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06 gmd~iew`xame awwyiw `w ax vic`xiw xm `hzawael xbi Gmd~iew`xame
07 Gmddaxxii%
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6> @% Qiw%
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Gvmww 6>2
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Gvmww 6>1
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Gvmww 600
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Lc`wweiv $ Gvmww 608
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Lc`wweiv $ Gvmww 609
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Gvmww 60:
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69 @% Xm xbi hilvii xb`x |i |ivi `hzawih mj xbmwi dixvagw# qiw#
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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Lc`wweiv $ Gvmww 60<
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07 DV% WXIVE? A‑d wmvvq# xbivi‑w ̀ dmxame xb`x‑w ̀ e
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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69 gixiv`%# fmxb gmd~`eaiw |ivi vi~viwiexih `x xbi fm`vh cizic `eh
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Gcmwael @vlydiex $ Dv% Wxive 660
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7 xbmwi |ivi mfzamyw% Xm xbi hilvii xb`x gmd~`eaiw ywi mei
8 gmewycxael javd xm `hzawi# mv A wbmych w`q ` ~yfcag gmd~`eq
9 ywael mei gmewycxael javd xm `hzawi fmxb xbi fm`vh mv havigxmvw
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69 Xvywxii$0 `eh `cwm b`zi xbi Gmyvx x`ki oyhaga`c emxagi mj xbi
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Gcmwael @vlydiex $ Dv% Wxive 666
0 Hifxmv‑w @~~cag`xame xm Id~cmq C``vh ae xbi Vixiexame Mvhiv%
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9 ~maex%
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69 mfoigxamew# Qmyv Bmemv# iwwiexa`ccq j`cc aexm xbvii fygkixw%
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667
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69 pyiwxame aw# `eh `w A xbaek Qmyv Bmemv# badwicj# b`w ~vizamywcq
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668
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669
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06 Bmemv# wiccael xbiwi `wwixw aw emx caki wiccael ` g`v# |bivi
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08 Em| ` wadac`v aegiexazi ~c`e# xm xbi ~c`ew fijmvi xbi
09 Gmyvx# Qmyv Bmemv# |`w `~~vmzih fq Oyhli Lvmww ae xbi Lcmf`c
0: Bmdi ^vmhygxw g`wi# |bagb |i gaxi ae myv dmxame% @eh xbi mvhiv
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02 fix|iie xbi ~c`ew% @eh A‑h oywx caki xm x`ki ` dmdiex `eh b`eh
01 y~ ` gm~q mj xb`x mvhiv fig`ywi aj |`ck xbvmylb ax |i‑cc# ae
6> j`gx# wii xb`x xbivi |`w wadac`vaxaiw ae xbi ~c`e ae xb`x g`wi
60 `eh xbi meiw xb`x |ivi wiikael xm b`zi `~~vmzih xmh`q% G`e A
66 b`eh y~ xbi gm~q mj xbi mvhiv# Qmyv Bmemv=
67 XBI GMYVX? Qiw%
68 "Xbi Gmyvx vigiaziw hmgydiex!
69 DV% WXIVE? Cix‑w iwwiexa`ccq |`ck xbvmylb xbi
8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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7 bmyv xb`x A d`q xyve aexm dywb dmyxb# fyx A‑cc hm dq fiwx emx
8 xm%
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08 ~vm~mwih ` lmael gmegiveih w`ci mj wyfwx`exa`ccq `cc `wwixw mj
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02 Fyvew w`ci id~cmqiiw xm iewyvi xb`x xbiq vid`ae dmxaz`xih xm
01 ~ivjmvd xbi vipyawaxi x`wkw xm ijjigxy`xi ` lmael gmegiveih
6> w`ci mj xbi Fyvew Lvmy~# Hifxmvw# lazie xbi iemvdmyw `hhaxame`c
60 fyvhiew ~c`gih me xbi Fyvew w`ci id~cmqiiw jvmd xbi xadi mj xbi
66 higawame xm wicc xbi `wwixw xbvmylb xbi `~~vmz`c mj xbi w`ci
67 ~vmgihyviw# `eh xb`x |acc fi vipyavih mj xbmwi id~cmqiiw
68 xbvmylb xbi gcmwael mj xbi w`ci%—
69 DV% DGD@BME? Qmyv Bmemv# Omwi~b DgD`bme# oywx mei
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7 xbi ~maex aw xvqael xm fi d`hi# mxbiv xb`e me mei h`q ae xbaw
8 hawxvagx ` ~c`e |`w `~~vmzih% Fyx |i hme‑x b`zi xbi yehivcqael
9 dmxame# |i hme‑x kem| |b`x xbi dixvagw `vi% A xbaek# `x `
: daeadyd# ax‑w `~~vm~va`xi xm cadax |b`xiziv emxagi xb`x xbi
< Gmyvx aw x`kael |axb viw~igx xm |b`x |`w oywx lazie xm qmy%
2 XBI GMYVX? Gmddiexw ̀ vi emxih%
1 DV% WXIVE? Qmyv Bmemv# A |mych emxi# wad~cq# xb`x
0> xbaw mvhiv |`w ir~viwwcq gaxih ae myv dmxame# wm ax wbmyche‑x
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08 |b`x |i lmx%
09 Fyx `eq|`q# Oyhli Lvmww lmiw me xm w`q –xbi Hifxmvw b`zi
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02 ~c`e `vi j`av `eh vi`wme`fci# yehiv xbi gavgydwx`egiw# `eh
01 ~vmzahi ` wyfwx`exa`c fieijax xm xbi iwx`xiw% @eh xbi dmhajaih
6> aegiexazi ~c`e aw ` ~ivjmvd`egi f`wih ~c`e xb`x aw emx wyfoigx
60 xm xbi cadax`xamew me vixiexame `eh wiziv`egi ~c`ew wix jmvxb
66 ae Wigxame 9>7"g! mj xbi F`ekvy~xgq Gmhi%—
67 A ~vmzahi xbaw# wad~cq# `w `e ir`d~ci fig`ywi |bie mei
68 vi`hw xbi Y%W% Xvywxii‑w mfoigxame# mei |mych xbaek xb`x xbi
69 xq~i mj ~c`e |i `vi ~vm~mwael aw zivq yeywy`c% Ae j`gx# ax aw
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7 oywx b`ehih y~ xm xbi Gmyvx ae Lcmf`c Bmdi ^vmhygxw# |bie qmy
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9 c`wx ~`li# A di`e# xbaw ~c`e aw v`xbiv vagb# xbi ~c`e ae Lcmf`c
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2 @eh `eq|`q# `w bivi# xbi aegiexazi ~`q ae Lcmf`c Bmdi |`w
1 gmehaxameih me gcmwael mj ` lmael gmegiveih w`ci `cvi`hq ae
0> b`eh% @w bivi# xbi aegiexazi ~`q ae Lcmf`c Bmdi |`w hiwaleih
00 xm dmxaz`xi id~cmqiiw xm gmd~cixi ` w`ci `cvi`hq ae b`eh% @eh
06 Oyhli Lvmww vycih xb`x xbi ~c`e |`w emx vixiexame `eh
07 wiziv`egi# mv wiziv`egi# `eh bi `~~vmzih xbi ~c`e%
08 Em|# Qmyv Bmemv# xbi ~maex bivi aw xbivi aw emxbael
09 yeywy`c `fmyx myv aegiexazi ~c`ew% @x xbi ieh mj xbi h`q# megi
0: `l`ae# ax‑w ` d`xxiv mj |b`x `vi xbi j`gxw# |b`x `vi xbi
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02 |i ficaizi xbi j`gxw `eh xbi gavgydwx`egiw xb`x |i‑zi ~viwiexih
01 xm xbi Gmyvx xmh`q gci`vcq hidmewxv`xi xb`x xbaw aw `e
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60 Qmyv Bmemv# xbi f`waw mj xbi wigmeh mfoigxame xb`x xbi
66 Y%W% Xvywxii b`w v`awih $$ j`av iemylb# Dw% Ybc`eh vidaehw di
67 xb`x b`cj mj myv aegiexazi ~c`e hmiwe‑x izie b`zi ` wx`ckael
68 bmvwi% Xb`ek qmy zivq dygb%
69 Xyve xm xbi wigmeh mfoigxame# Qmyv Bmemv% Xbaw b`w xm hm
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6 |acc vigiazi vixiexame ~`qdiexw yehiv xbi Kiq Id~cmqii
7 Aegiexazi Vixiexame ^c`e% @eh xbi pyiwxame aw# `vi xbiq
8 mjjagivw# `eh `w ` viwycx# aewahivw# yehiv xbi F`ekvy~xgq Gmhi=
9 Em| xbi Y%W% Xvywxii w`qw xbaw aw ` em$fv`aeiv# Qmyv Bmemv%
: Vil`vhciww mj xbi j`gxw `eh gavgydwx`egiw mj xbi g`wi mv xbi
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06 ` waelci g`wi# Iwwiexa`c Xbiv`~iyxagw# higahih ae ` hajjiviex
07 gmexirx |bixbiv `e id~cmqii |`w ` hawaexiviwxih ~ivwme yehiv
08 Wigxame 0>008 jmv ~yv~mwiw mj vixiexame yehiv Wigxame 76<"`!
09 `eh me hajjiviex j`gxw% Xbi id~cmqii |`w ` gmv~mv`xi
0: wigvix`vq# |bagb aj qmy vizai|ih iemylb fqc`|w qmy kem| xb`x
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01 hyxaiw ̀ x xbi gmv~mv`xi cizic%
6> Em| givx`aecq xbi Y%W% Xvywxii# Qmyv Bmemv# gaxiw em
60 ~vigihiexa`c Xbavh Gavgyax mv izie Hawxvagx mj Hic`|`vi g`wi
66 xb`x aewxvygxw qmy xb`x qmy dywx gmegcyhi xb`x `cc ~mwaxamew
67 xb`x `vi cawxih `w mjjagivw ae xbi fqc`|w dywx fi hiidih
68 mjjagivw `eh# xbivijmvi# aewahivw yehiv xbi F`ekvy~xgq Gmhi ae
69 `cc gavgydwx`egiw jmv izivq ~yv~mwi% A |mych viw~igxjyccq
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0 wyfdax# Qmyv Bmemv# xb`x xbi Y%W% Xvywxii‑w ~mwaxame aw xb`x
6 xbi Gmyvx wbmych alemvi xbi j`gxw `eh gavgydwx`egiw mj xbi g`wi
7 `eh oywx cmmk `x xbi fqc`|w% Fyx A‑h caki $$
8 XBI GMYVX? A xbaek xbiav ~mwaxame aw A wbmych vi`h
9 xbi F`ekvy~xgq Gmhi ae ax‑w ~c`ae di`eael%
: DV% WXIVE? \icc xbi F`ekvy~xgq Gmhi# ae axw ~c`ae
< di`eael# oywx w`qw –mjjagivw#— ax hmiwe‑x xicc qmy |bm `vi
2 mjjagivw jmv ~yv~mwiw mj xbi F`ekvy~xgq Gmhi% Ax‑w emx ae xbi
1 cilawc`xazi bawxmvq# ax‑w emx ir~viwwcq hijaeih ae xbi wx`xyxi%
0> Ax oywx w`qw –mjjagivw%— Xbivi `vi `e`cmlaiw xm fi hv`|e# `eh
00 A‑cc x`ck `fmyx xbid ae ` dmdiex# xm Wigyvaxaiw C`| `eh g`wiw
06 higahih |bivi mjjagivw‑ jahyga`vq hyxaiw `vi `x b`eh% @eh ae
07 fmxb mj xbmwi gavgydwx`egiw `w |icc# |bagb A‑cc lix xm ae `
08 dmdiex# izie mjjagivw $$ `eh xb`x ~mwaxame aw diexameih yehiv
09 xbi Wigyvaxaiw C`|w# xbi Gmyvxw iel`li ae ` j`gxw `eh
0: gavgydwx`egiw `e`cqwaw xm hixivdaei |b`x aw di`ex fq mjjagivw
0< jmv `~~cag`xame mj ` Wigyvaxaiw C`|w# xbiq hme‑x oywx cmmk `x
02 xbi fqc`|w% @eh |i‑vi lmee` gmdi xm xb`x ae oywx ` daeyxi
01 fig`ywi A |`ex xm x`ck# javwx# `fmyx xbi ad~cag`xamew mj xbi
6> ~mwaxame xbi Y%W% Xvywxii aw `hzmg`xael aj xbi Gmyvx |ivi xm
60 `hm~x xbid xmh`q% Aj qmy w~iex `eq ~`vx mj qmyv cil`c g`viiv
66 ae xbi xv`haxame`c gmv~mv`xi ~v`gxagi# |bagb jv`ekcq aw |bivi A
67 w~iex xbi javwx hig`hi mj daei# Qmyv Bmemv# qmy‑h kem| |bivi
68 dmwx fqc`|w gmdi jvmd% C`| javdw b`zi jmvd fqc`|w waxxael me
69 xbiav gmd~yxiv wqwxidw% @eh |bie ` c`| javd aw `wkih xm wix y~
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0 ` gmv~mv`xame# xbiq lix ` g`cc jvmd wmdimei w`qael |i |`ex xm
6 wix y~ ` gmv~mv`xame# xbi `xxmveiq aezmczih g`ccw y~ xbi jmvd
7 fqc`|w me xbi gmd~yxiv# aewivxw xbi gmd~`eq‑w e`di# d`qfi d`kiw
8 ` ji| mxbiv x|i`kw ~`vxagyc`v xm xb`x gmd~`eq# wiehw myx xbi
9 fqc`|w# `eh xbiq xq~ag`ccq lix `hm~xih%
: Em| cix‑w `wwydi xb`x xbi Gmyvx |ivi xm `hm~x xbi Y%W%
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1 aewahivw# yehiv xbi F`ekvy~xgq Gmhi% @wwydi xb`x‑w Qmyv
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00 |`ck f`gk xm dq mjjagi# aj `eq mj dq ~`vxeivw `vi wxacc xbivi#
06 A‑d lmael xm wiik myx mei mj dq gmv~mv`xi ~`vxeivw# `eh A‑d
07 lmee` `wk xm wii dq javdw jmvd fqc`|w% A‑d lmee` x`ki myx dq
08 vih ~ie `eh A‑d lmee` b`gk myx xbi vijiviegi xm Zagi ^viwahiexw
09 `eh xb`x‑w lmee` fi myv ei| jmvd fqc`|w% Wm ` ji| qi`vw jvmd
0: em|# |bie |i‑vi f`gk fijmvi xbi Gmyvx# ~ivb`~w |axb wmdi
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01 dmxame `eh xbivi aw Z%^%‑w `eh @wwawx`ex Z%^%‑w mj xb`x gmd~`eq
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60 xbi F`ekvy~xgq Gmhi fig`ywi A wxvygk xbmwi ~mwaxamew jvmd xbi
66 fqc`|w% @eh xb`x |mych fi xbi g`wi# yehiv xbi Xvywxii‑w
67 `e`cqwaw# izie aj xbmwi Zagi ^viwahiexw `eh @wwawx`ex Zagi
68 ^viwahiexw# ae myv bq~mxbixag`c gmd~`eq xbvii qi`vw jvmd em|#
69 |ivi ~ivjmvdael xbi ir`gx w`di jyegxamew `w xbi Zagi
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7 xmh`q% Em| xb`x viwycx vi`ccq hmiwe‑x d`ki `eq wiewi# fyx xb`x
8 aw xbi e`xyv`c gmewipyiegi mj xbi Y%W% Xvywxii‑w ~mwaxame%
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00 ycxad`xicq# 9>7%
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07 iwwiexa`ccq xicc yw ~vigawicq xbaw% Ae mvhiv xm hixivdaei
08 |bixbiv `e id~cmqii aw `e mjjagiv yehiv xbi F`ekvy~xgq Gmhi#
09 xbi Gmyvx eiihw xm jmgyw me xbi j`gxw `eh gavgydwx`egiw mj xbi
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01 jahyga`vq hyxq awwyiw aw xbi EDA g`wi xb`x aw gaxih ae myv
6> dmxame# `eh A xbaek xb`x‑w ~`vxagyc`vcq aewxvygxazi% Ae xbi
60 EDA g`wi# |bagb fq xbi |`q |`w higahih fq xbi F`ekvy~xgq Gmyvx
66 ae xbi Hawxvagx mj H%G% ae 0119# xbi Gmyvx |`w iz`cy`xael
67 aewahiv wx`xyw jmv ~yv~mwiw mj Wigxame 98<% @eh xbi aehazahy`c
68 Hijieh`ex |bm |`w aezmczih |`w ` Zagi ^viwahiex% Xbi Gmyvx
69 w`ah ` gmy~ci mj xbaelw xb`x A ficaizi `vi bic~jyc% Xbi Gmyvx
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8 `~~caiw bivi% Em|# mj gmyvwi# fig`ywi xbi F`ekvy~xgq Gmhi hmiw
9 emx hijaei xbi |mvh mjjagiv jmv lyah`egi xbi Gmyvx ae xbi EDA
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00 `x |bixbiv xbi id~cmqii Hijieh`ex# xbi Zagi ^viwahiex# |`w
06 ~vazq xm gmejahiexa`c aewahi aejmvd`xame jmv ~yv~mwiw mj
07 `e`cqael $$ mv `e`cmlaael xbi wigyvaxaiw c`|w# mv |`w `gxazi
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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69 vixiexame gmd~iew`xame mv \@VE @gx gc`adw% Xbiwi ~c`ew# Qmyv
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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6:>
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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6:0
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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6:6
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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6:7
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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6:8
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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6
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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7
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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2
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1
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00
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8/2/2019 3 Transcripts from New Century Mortgage Bankruptcy Hearings from 2007 Includes Holly Etlin and Missal
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06
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07
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02
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01
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66
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67
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77
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78
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7:
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71
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80
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86
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