Reyes et al v. Nationstar Mortgage LLC
Filing
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ORDER Referring Case to ADR Unit for Assessment Telephone Conference. Signed by Magistrate Judge Howard R. Lloyd on 3/17/2015. (hrllc1, COURT STAFF) (Filed on 3/17/2015)
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*E-Filed: March 17, 2015*
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IN THE UNITED STATES DISTRICT COURT
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FOR THE NORTHERN DISTRICT OF CALIFORNIA
United States District Court
For the Northern District of California
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MARTIN REYES, et al.,
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Plaintiffs,
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v.
No. C15-01109 HRL
ORDER REFERRING CASE TO
ADR UNIT FOR ASSESSMENT
TELEPHONE CONFERENCE
NATIONSTAR MORTGAGE LLC,
Defendant.
________________________________/
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Pursuant to Civil Local Rule 16-8 and ADR Local Rule 2-3, the
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Court refers this foreclosure-related action to the Alternative
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Dispute Resolution (ADR) Unit for a telephone conference to assess
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this case=s suitability for mediation or a settlement conference.
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Plaintiffs’ counsel and Defendants= counsel shall participate in a
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telephone conference, to be scheduled by the ADR Unit as soon as
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possible but no later than April 6, 2015.
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Plaintiffs’ counsel and Defendants= counsel shall be prepared
to discuss the following subjects:
(1)
Identification and description of claims and
alleged defects in loan documents.
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(2)
Prospects for loan modification.
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(3)
Prospects for settlement.
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The parties need not submit written materials to the ADR Unit for
the telephone conference.
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In preparation for the telephone conference, Plaintiffs shall
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do the following:
(1)
United States District Court
For the Northern District of California
If Plaintiffs are seeking a loan modification to
resolve all or some of the claims, Plaintiffs shall
prepare a current, accurate financial statement and
gather all of the information and documents
customarily needed to support a loan modification
request. Further, Plaintiffs shall immediately
notify Defendants= counsel of the request for a loan
modification.
(3)
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Review relevant loan documents and investigate the
claims to determine whether they have merit.
(2)
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Provide counsel for Defendants with information
necessary to evaluate the prospects for loan
modification, in the form of a financial statement,
worksheet or application customarily used by
financial institutions.
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In preparation for the telephone conference, counsel for
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Defendants shall do the following.
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(1)
If Defendants are unable or unwilling to do a loan
modification after receiving notice of Plaintiffs’
request, counsel for Defendants shall promptly
notify Plaintiffs to that effect.
(2)
Arrange for a representative of each Defendant with
full settlement authority to participate in the
telephone conference.
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The ADR Unit will notify the parties of the date and time
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the telephone conference will be held.
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After the telephone
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conference, the ADR Unit will advise the Court of its
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recommendation for further ADR proceedings.
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IT IS SO ORDERED.
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Dated: March 17, 2015
Hon. Howard R. Lloyd
United States Magistrate Judge
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United States District Court
For the Northern District of California
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