Case 1:15-cv-00293-LTS-RWL Document 428-27 Filed 09/30/19 Page 1 of 6

PLAINTIFF’S EXHIBIT 27
 Case 1:15-cv-00293-LTS-RWL Document 428-27 Filed 09/30/19 Page 2 of 6
From: Larry
To: jason.m.oquendo@jpmchase.com
Sent: 10/17/2008 7:49:52 PM
Subject: Loan Pool
Attachments: _; _1; _2; _3; _4; 1st Fidelity Loan Serving Agreement of Sale 3-27-08.doc; Chase- 1st Fidelity Note Sales.pdf; Filing
Confirmation_021108.pdf; Master Mortgage Loan Sale Agreement Chase - S & A.pdf; References.docx

Hey Jason.

The entity that I would acquire the loan pool in is 1 st Fidelity Loan Servicing. This entity was started
in February 2008 when I acquired a $30MM loan pool from Radian Group. The pool consisted of approximately
800 loans, all of which were non performing seconds behind non performing first mortgages . I have
included the executed note sale agreement for that deal as well as the Word file in case you needed a
template for our deal. Also enclosed are two note sale agreements between 1 st Fidelity Loan Servicing and
Chase Home Finance for $35,000 and $200,000 for loans that I have already purchased from Chase in this
entity's name. 1 st Fidelity Loan Servicing is owned 99 by myself personally and 1 by the managing
member, Real Estate & Finance, Inc which I am the only officer and 100 owner. The first loan pool will
be funded with personal financial resources. If we are able to work out a monthly loan pool purchase
program, we will utilize the financial resources of several high net worth individuals and small hedge
funds whom I know personally and that have expressed interest in investing in our business.

Since this is a fairly new entity, the financial statements do not show an accurate picture of the
Company. Since all of the loans purchased are non performing at the time of acquisition, a large
percentage will be lost through a foreclosure by the 1 st mortgage in the first year. This Company will
show a long stream of positive cash flow as loans are modified, payment arrangements are made and
borrowers enter into Chapter 13 bankruptcy plans. The Company currently grosses $50,000/month with little
expense as there is no debt owed. The company has been funded through shareholder loans from myself. 1 st

CONFIDENTIAL TREATMENT REQUESTED BY JPMC JPMC-MRS-00007918

Fidelity currently has Case 1:15-cv-00293-LTS-RWL
around $17MM in mortgagesDocument 428-27 Filed 09/30/19
with approximately $6.5MM Page 3 of 6
performing. Financials to
follow.

Most of the loans that we purchase through Chase are in the name of S & A Capital Partners. I have
enclosed a copy of the Master Mortgage Loan Sale Agreement between S & A Capital Partners and Chase Home
Finance, LLC from April 2005. I believe there is an earlier version but I can't find it in my records.
We have purchased approximately 500 loans from Chase loss mitigation in this name. S & A Capital Partners
was started in 2003 by myself and Brad Axel as 50/50 partners and I am the president of the Company. We
have been acquiring loans primarily from Chase, Radian Group(Millennia Asset Recovery), Guaranty Bank and
HomEq Servicing(Barclays, First Union). Chase Home Finance Loss Mitigation Department has relied on our
firm to help achieve individual and team end of month goals as we have always dedicated the time and
resources necessary to make quick decisions and fund within moments of note sale approvals.

Both entities currently utilize The Mortgage Office Servicing platform for our loan servicing operations
as well as proprietary loan tracking programs . We are familiar with RESPA requirements, bankruptcy laws
and follow all government procedures regarding our responsibilities. Our staff is well trained in loss
mitigation techniques and offers creative solutions which typically aren't available through large
financial institutions.

Please let me know if there is anything else I can provide besides the financials which will be
forthcoming.

Thank you,

CONFIDENTIAL TREATMENT REQUESTED BY JPMC JPMC-MRS-00007919

 Case 1:15-cv-00293-LTS-RWL Document 428-27 Filed 09/30/19 Page 4 of 6

Larry Schneider

1 st Fidelity Loan Servicing

2101 NW Corporate Blvd

Suite 320

Boca Raton, FL 33431

Tel: (561) 893-9805

Fax: (866) 522-4547

From: jason.m.oquendo@jpmchase.com [mailto:jason.m.oquendo@jpmchase.com]

Sent: Thursday, October 16, 2008 5:33 PM

To: larryschneider@bellsouth.net

Subject:

CONFIDENTIAL TREATMENT REQUESTED BY JPMC JPMC-MRS-00007920

 Case 1:15-cv-00293-LTS-RWL Document 428-27 Filed 09/30/19 Page 5 of 6

Hi Larry,

It was good speaking with you. Below is a list of information that I will need to receive from your
company in order to review your request to purchase our paper.

0 Company History/ Time in Business/ Buying History

0 History/ Background of Principles

0 Financial Statements (1 year preferably audited)

0 Source of Funding

0 Verification of Company Standing (Dept of Commerce, D&B, BB Bureau, MARI)

0 References (3)

If you have any questions about the process, please let me know.

Thanks!

Jason Oquendo

Chase Home Finance/ Recovery Group

Recovery Agency Supervisor

602.627.8150 office

480.414.3216 cell

602.680.1592 fax

jason.m.oquendo@chase.com

CONFIDENTIAL TREATMENT REQUESTED BY JPMC JPMC-MRS-00007921

 Case 1:15-cv-00293-LTS-RWL Document 428-27 Filed 09/30/19 Page 6 of 6

This communication is for informational purposes only. It is not intended as an offer or solicitation for
the purchase or sale of any financial instrument or as an official confirmation of any transaction. All
market prices, data and other information are not warranted as to completeness or accuracy and are subject
to change without notice. Any comments or statements made herein do not necessarily reflect those of
JPMorgan Chase & Co., its subsidiaries and affiliates. This transmission may contain information that is
privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you
are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use
of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this
transmission and any attachments are believed to be free of any virus or other defect that might affect
any computer system into which it is received and opened, it is the responsibility of the recipient to
ensure that it is virus free and no responsibility is accepted by JPMorgan Chase & Co., its subsidiaries
and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received
this transmission in error, please immediately contact the sender and destroy the material in its
entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com

/pages/disclosures for disclosures relating to UK legal entities.

□□□□□

CONFIDENTIAL TREATMENT REQUESTED BY JPMC JPMC-MRS-00007922