John Morgan

From: Sent: To: Subject: Follow Up Flag: Flag Status: Carrie Levine Thursday, July 18, 2013 9:15 AM John Morgan FW: Acknowledgement Letter F-2013-00360 Follow up Flagged

Isthisyou?

CarrieLevine
ResearchDirector CitizensforResponsibilityandEthicsinWashington 1400EyeSt.,N.W.Suite450 Washington,D.C.20005 2024085565ext.109 www.citizensforethics.org

From: Anne Weismann Sent: Thursday, July 18, 2013 9:14 AM To: Carrie Levine Subject: FW: Acknowledgement Letter F-2013-00360

From: Kathy Kelly [mailto:kathy.kelly@frb.gov] On Behalf Of FOI Requests Sent: Thursday, July 18, 2013 8:53 AM To: scotthodes@infoprivacylaw.com Cc: Anne Weismann Subject: Acknowledgement Letter F-2013-00360

July 18, 2013 VIA EMAIL TO: scotthodes@infoprivacylaw.com; cc: aweismann@citizensforethics.org Please verify receipt of this acknowledgment letter via email message. Scott Hodes Scott A. Hodes, Attorney At Law 1

P.O. Box 42002 Washington, DC 20015 FOIA Request No. F-2013-00360 Dear Mr. Hodes, This will acknowledge receipt of your letter dated and received by the Board's Freedom of Information Office on July 3, 2013, in which you request, pursuant to the Freedom of Information Act ("FOIA"), 5 U.S.C. 552, records pertaining to the following:

1) records relating to the error rates found by the Independent Foreclosure Review (IFR), conducted in 2011 re: foreclosures that occurred between January 1, 2009 and December 31, 2010. Specifically CREW requests data provided to the Federal Reserve by Promontory Financial Group, Price Waterhouse Coopers, Ernst & Young, Deloitte & Touche and any other contracted independent consultant regarding error rates made during the IFR for any mortgage servicers and their subsidiaries regulated by the Federal Reserve, including Ally Financial, SunTrust Banks, Inc., HSBC North America Holdings, Inc., Goldman Sachs (Litton Loan Servicing LP), Morgan Stanley (Saxon Morgan Services, Inc.) and JP Morgan Case & Co. (EMC Mortgage Corp.). Error rates are defined as the percentage of errors misrepresentations, or other deficiencies in the foreclosure process found by the independent consultants.; 2) records that reflect communications between the Federal Reserve and any of the contracted independent consultants concerning the consultants' deficient performance in conducting the IFR; 3) records that reflect communications between the Federal Reserve and either the Office of the Comptroller of the Currency (OCC) or the Office of Thrift Supervision regarding the error rates (as defined above) or deficiencies in the actions of the contracted independent consultants' performance in conducting the IFR. The Board makes every effort to fulfill requests in a timely manner; however, there may be delays in fulfilling complex requests or those that require consultation. Please feel free to contact the Board's FOIA Requester Service Center at (202) 452-3684 to obtain information about the status of your request. Very truly yours, /signed/ Jeanne M. McLaughlin Manager, Freedom of Information Office