UNITED STATES OF AMERICABEFORE THEBOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEMWASHINGTON DC.In the Matter of
THE GOLDMAN SACHS GROUP,
New York, New York andGOLDMAN SACHS BANK USANew York, New York.Docket No.:11-112-B-HC.11-112-B-SM.
WHEREAS, The Goldman Sachs Group, Inc., New York, New York ("Goldman
a registered bank holding company, owns and controls Goldman Sachs Bank USA, NewYork, New York (the "Bank"), a state-chartered bank that is a member of the Federal ReserveSystem, and the Bank until September 1, 2011 indirectly owned Litton Loan Servicing LP,Houston, Texas ("Litton");WHEREAS, prior to September 1, 2011, Goldman Sachs engaged in the business of servicing residential mortgage loans in the United States through Litton. Goldman Sachs,through Litton, serviced residential mortgage loans that are held in the portfolios of
asubsidiary of the Bank; (b) the Federal National Mortgage Association, the Federal Home LoanMortgage Corporation, and the Government National Mortgage Association (collectively, the
and (c) various investors, including securitization trusts pursuant to Pooling andServicing Agreements and similar agreements (collectively, the "Servicing Portfolio"). Goldman.PAGE BREAK.