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(15-00293 424-33) Fox Email 10-29-08
(15-00293 424-33) Fox Email 10-29-08
EXHIBIT 33
From: victor.b.fox@chase.com
To: eddie.s.guerrero@chase.com
CC: chad.g.paxton@jpmchase.com; john.c.jones@chase.com
Sent: 10/29/2008 2:09:29 PM
Subject: Re: First Lien Walks
Victor B. Fox
Vice President
Real Estate Recovery
Chase Home Finance
8333 Ridgepoint Drive
Irving, TX 75063
Office - 972-443-2767
Cell - 440-552-5750
e-F AX-469-519-9527
To [chad G Paxton/JPMCHASE@JPMCHASE
Eddie S Guerrero/JPMCHASE cc !Victor B Fox/JPMCHASE@JPMCHASE, John C Jones/JPMCHASE@JPMCHASE
Hey Chad,
I have a possible remedy for finding out how many of the 4000+ first lien walk accounts are still secured. Our investor from S&A Capital is willing to scrub the file and let us know which accounts are unsecured, but
he would also like the opportunity to bid on the accounts as one off note sales. I think as long as the list is submitted to at least one other investor we can justify allowing him to purchase some of those notes. This
not only saves us the time and money of scrubbing these accounts, but it may actually help us realize a profit from our efforts. Let me know your thoughts. I know John had an investor who was interested in buying
first liens and we may be able to send the list to other investors as well.
Thank you,
Eddie S. Guerrero
Real Estate Recovery Supervisor
"I find that the harder I work, the more luck I seem to have."
- Thomas Jefferson