Opinion
2:22-cv-00415-APG-VCF
10-27-2022
SFR INVESTMENTS POOL 1, LLC, Plaintiff, v. NEWREZ LLC dba SHELLPOINT MORTGAGE SERVICING; DOES I through X, inclusive; and ROE BUSINESS ENTITIES I through X, inclusive, Defendants. NEWREZ LLC dba SHELLPOINT MORTGAGE SERVICING, Counterclaimant, v. SFR INVESTMENTS POOL 1, LLC; DOES I through X, inclusive; and ROE CORPORATIONS I through X, inclusive, Counter-Defendant.
AKERMAN LLP ARIEL E. STERN, ESQ. NEVADA BAR NO. 8276 NATALIE L. WINSLOW, ESQ. NEVADA BAR NO. 12125 PAIGE L. MAGASTER, ESQ. NEVADA BAR NO. 15557 ATTORNEYS FOR NEWREZ LLC DBA SHELLPOINT MORTGAGE SERVICING HANKS LAW GROUP KAREN L. HANKS, ESQ. NEVADA BAR NO. 9578 CHANTEL M. SCHIMMING, ESQ. NEVADA BAR NO. 8886 ATTORNEYS FOR SFR INVESTMENTS POOL 1, LLC
AKERMAN LLP ARIEL E. STERN, ESQ. NEVADA BAR NO. 8276 NATALIE L. WINSLOW, ESQ. NEVADA BAR NO. 12125 PAIGE L. MAGASTER, ESQ. NEVADA BAR NO. 15557 ATTORNEYS FOR NEWREZ LLC DBA SHELLPOINT MORTGAGE SERVICING
HANKS LAW GROUP KAREN L. HANKS, ESQ. NEVADA BAR NO. 9578 CHANTEL M. SCHIMMING, ESQ. NEVADA BAR NO. 8886 ATTORNEYS FOR SFR INVESTMENTS POOL 1, LLC
STIPULATION AND ORDER TO EXTEND DEADLINE TO RESPOND TO FIRST AMENDED COMPLAINT (ECF NO. 60) (FIRST REQUEST)
NewRez LLC dba Shellpoint Mortgage Servicing and SFR Investments Pool 1, LLC, hereby stipulate and agree that Shellpoint shall have an additional thirty (30) days, up to and including November 25, 2022, to file its response to SFR's first amended complaint, which is currently due October 26, 2022. SFR's first amended complaint was filed on October 12, 2022 [ECF No. 60].
Good cause exists to grant the requested extension. The subject loan is owned by Federal National Mortgage Association (Fannie Mae). Fannie Mae is under conservatorship with the Federal Finance Housing Agency (FHFA). SFR has brought a claim for wrongful foreclosure/violation of NRS 40.462, alleging it is entitled to damages based on the amount paid by a third-party purchaser at the deed of trust foreclosure sale on May 20, 2022. [ECF No. 60 at 4, 6]. Because Fannie Mae owns the loan, the response to SFR's complaint as amended is subject to multiple levels of review, including review by the FHFA. This necessitates additional time, and is good cause for the court to grant the requested extension. This is the parties' first request for an extension of these deadlines and is not intended to cause any delay or prejudice to any party.
ORDER
IT IS SO ORDERED.