Opinion
2:22-cv-01942-GMN-VCF
12-19-2022
SFR INVESTMENTS POOL 1, LLC, Plaintiff, v. FEDERAL NATIONAL MORTGAGE ASSOCIATION; NEWREZ LLC DBA SHELLPOINT MORTGAGE SERVICING; DOES I through X; and ROE BUSINESS ENTITIES I through X, inclusive, Defendants.
AKERMAN LLP ARIEL E. STERN, ESQ. MELANIE D. MORGAN, ESQ. PAIGE L. MAGASTER, ESQ. Attorneys for Federal National Mortgage Association and Newrez LLC dba Shellpoint Mortgage Servicing HANKS LAW GROUP KAREN L. HANKS, ESQ. CHANTEL M. SCHIMMING, ESQ. Attorneys for SFR Investments Pool 1, LLC
AKERMAN LLP ARIEL E. STERN, ESQ. MELANIE D. MORGAN, ESQ. PAIGE L. MAGASTER, ESQ. Attorneys for Federal National Mortgage Association and Newrez LLC dba Shellpoint Mortgage Servicing
HANKS LAW GROUP KAREN L. HANKS, ESQ. CHANTEL M. SCHIMMING, ESQ. Attorneys for SFR Investments Pool 1, LLC
STIPULATION AND ORDER FOR EXTENSION OF TIME TO RESPOND TO AMENDED COMPLAINT
(THIRD REQUEST)
Defendants Federal National Mortgage Association (Fannie Mae) and NewRez LLC dba Shellpoint Mortgage Servicing (Shellpoint) (collectively defendants), and plaintiff SFR Investments Pool 1, LLC, hereby stipulate and agree that defendants shall have an additional fifteen (15) days, up to and including January 3, 2023, to file their response to SFR's amended complaint. Defendants' responsive pleading is currently due on December 19, 2022.
Good cause exists to grant the requested extension. Because Fannie Mae, which is under conservatorship with the Federal Finance Housing Agency (FHFA), is a named party in the litigation, filings on its behalf are subject to multiple levels of review, including review by the FHFA. The parties are currently negotiating settlement in good faith in six other substantially similar matters, and an offer is pending from SFR to Fannie Mae in this matter. An extension of two weeks is being requested out of an abundance of caution given the upcoming holidays. The office of defendants' counsel will be closed December 23 and 26, 2022, as well as January 2, 2023.
This is the parties' third stipulation for an extension of time for defendants to respond to SFR's amended complaint. The extension is requested in good faith and is not for purposes of delay or prejudice to any party.
ORDER
IT IS SO ORDERED.