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V Countrywide Depo

V Countrywide Depo

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Published by Foreclosure Fraud

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Published by: Foreclosure Fraud on Dec 21, 2012
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08/20/2013

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R. GLENN HUBBARD - CONFIDENTIAL

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14:21:03

MR. APFEL: Objection.

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14:21:03

A. That's not true. If you had

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an interest in simulating some other

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price change I can use my estimated model

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to do that. I thought reality would be

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more interesting, but you could certainly

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do that.

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14:21:16

Q. The relationships in your

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model though are only derived from

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performance during the housing crisis,

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correct?

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14:21:22

MR. APFEL: Objection.

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14:21:23

A. More or less. Up -- some is

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before the housing crisis, but that time

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period, yes.

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14:22:01

Q. Would you please turn to

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Exhibit 32A of your initial report.

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14:22:11

A. Yes, sir.

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Q. This shows the results of your

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pool level analysis for the closed end

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second liens, correct?

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14:22:16

A. That's correct.

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14:22:18

Q. And 32B shows the results of

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14:22:21

your pool level analysis for the HELOC

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