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1201 Third Avenue, Suite 4900 EMAIL: clientacct@perkinscoie.

com
Seattle, Washington 98101 ACCOUNTING: 206.359.3143
PHONE: 206.359.8000 FAX: 206.359.9000

INVOICE # BILL DATE

5117416 February 27, 2014

ACCOUNT # DUE DATE

Mortgage Resolution Servicing, LLC 111616.0001 March 29, 2014


Attn: Larry Schneider
Mortgage Resolution Servicing, LLC
c/o Walker & Di Marco, P.C.
350 Main Street, First Floor
Malden, MA 02148

Matter Number / Name 111616.0001 / Dispute with Chase Home Finance, LLC

SERVICES DISBURSEMENTS LATE CHARGES TOTAL


$61,779.25 $2,438.18 $64,217.43

UNALLOCATED APPLIED
$(20,000.00)

PAYMENT APPLIED
$(40,000.00)

TOTAL NET TOTAL NET TOTAL NET BALANCE OF


SERVICES DISBURSEMENTS LATE CHARGES INVOICE
$61,779.25 $2,438.18 $4,217.43

Payment due in U.S. Currency

INFORMATION MAY BE SUBJECT TO ATTORNEY-CLIENT PRIVILEGE

TAX ID#: 91-0591206

For CHECK REMITTANCE make checks payable to For WIRE REMITTANCE please direct to
Perkins Coie LLP Perkins Coie LLP
Attn: Client Accounting US Bank
1201 Third Avenue, Suite 4900 Bank ABA # 125000105
Seattle, WA 98101 Account # 1 535 5592 1235
Please reference: Swift Code # US BK US 44I MT
Perkins Coie Account No. 111616 and Invoice 5117416 Please reference:
Perkins Coie Account No. 111616 and Invoice 5117416
1201 Third Avenue, Suite 4900 EMAIL: clientacct@perkinscoie.com
Seattle, Washington 98101 ACCOUNTING: 206.359.3143
PHONE: 206.359.8000 FAX: 206.359.9000

After 30 days, a monthly late charge of 1% per month from the invoice date (or such lower rate as required by applicable law) will be due. Should a collection action or
proceeding be necessary, attorneys' fees and costs for such collection effort will also be due . Page 1
INVOICE #: 5117416

Mortgage Resolution Servicing, LLC

111616.0001 / Dispute with Chase Home Finance, LLC

FOR SERVICES THROUGH 02/26/14

DATE ATTORNEY/ASSISTANT HOURS DESCRIPTION OF SERVICES

10/04/13 R. Sarubbi 0.50 Conference call with G. Eisenberg, MRS - Larry Schneider & Walker & Di
Marco - Jen Walker, Roberto Di Marco regarding background and strategy
moving forward;

10/24/13 G. Eisenberg 2.00 Meet with L. Schneider, R. DiMarco, J. Walker and R. Sarubbi on potential
scope of claims in connection with representation adverse to JP Morgan;

10/24/13 R. Sarubbi 3.00 In-office meeting and lunch with G. Eisenberg and Mortgage Resolution
Servicing, LLC - L. Schneider & J. Walker;

10/25/13 R. Sarubbi 2.50 Meeting with G. Eisenberg and Mortgage Resolution Servicing, LLC - Jen
Walker, Larry Schneider;

10/28/13 F. Rivera 0.50 Telephone conference with R. Sarubbi regarding client meeting; review
related email communication;

11/11/13 G. Eisenberg 0.90 Examine various statutes regarding potential violations of law by JP Morgan
in connection with loan sale agreement;

11/12/13 M. Thimmig 1.70 Phone conference with R. Sarubbi to discuss breach of loan representation
and warranty claims; review Mortgage Loan Purchase Agreement relating to
breach of rep and warranty claims and background description regarding
factual time line of events and potential claims;

11/12/13 J. Shuchat 1.20 Review memo in preparation for meeting with client;

11/13/13 G. Eisenberg 7.30 Prepare for and participate in conference with L. Schneider, Boston counsel
and Perkins team regarding chronology of events and scope of potential
claims; consider structure of letter to JP Morgan to be drafted;

11/13/13 R. Sarubbi 7.00 In-office meeting with Walker and Di Marco - Rob Di Marco, Jen Walker, Jen
Foster, Mortgage Resolution Servicing - L. Schneider, G. Eisenberg, J.
Shucat, M. Thimmig and F. Rivera regarding letter to JPM Chase;

11/13/13 M. Thimmig 5.60 Participate in video conference with MRS, counsel for MRS, G. Eisenberg, R.
Sarubbi and F. Rivera to discuss numerous claims by MRS against Chase
Mortgage relating to various loan pools, including breach of contract and
loan representation and warranty claims form Mortgage Loan Purchase
Agreement from February 2009 and discuss background including factual
time line of events and potential claims; phone conference with F. Rivera to
discuss potential claims and damages and strategy for drafing demand
letter;

11/13/13 J. Shuchat 7.00 Meeting with client, R. DiMarco, J. Martin Foster, R. Sarubbi, G. Eisenberg to
review claims and timeline;

11/13/13 F. Rivera 2.00 Attend conference with client regarding background; review and analyze
servicing and servicing sale documents;

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INVOICE #: 5117416

Mortgage Resolution Servicing, LLC

111616.0001 / Dispute with Chase Home Finance, LLC

DATE ATTORNEY/ASSISTANT HOURS DESCRIPTION OF SERVICES

11/17/13 G. Eisenberg 1.30 Continue review and analysis of documents provided by L. Schneider in
support of claims and in connection with drafting of letter to JP Morgan;
conference with M. Thimmig regarding collection agency use and law
compliance warranty;

11/19/13 G. Eisenberg 1.40 Continue preparation of draft letter to JPMorgan regarding breaches of
agreement with MRS; exchange correspondence with F. Rivera regarding
potential causes of action;

11/20/13 G. Eisenberg 2.70 Continue preparation of initial letter to JP Morgan regarding assertion of
claims;

11/21/13 G. Eisenberg 3.30 Participate in conference call with L. Schneider, J. Walker, R. DeMarco and
R. Sarubbi regarding additional claims, impact of settlement on pursuit of
course of action and suggested revisions to letter; prepare revisions to draft
letter;

11/21/13 R. Sarubbi 1.00 Conference call with working group;

11/22/13 G. Eisenberg 0.20 Exchange correspondence with R. Sarubbi regarding draft letter to
JPMorgan; consider further revisions to letter;

11/24/13 G. Eisenberg 1.10 Review and analyze additional emails forwarded by L. Schneider, including
settlement agreement;

11/25/13 G. Eisenberg 2.70 Prepare revisions to draft letter and exhibits; further review and analysis of
emails provided by L. Schneider; conference with M. Thimmig regarding
servicing standards, breaches by Chase and licensing requirements;

11/26/13 G. Eisenberg 2.80 Conference with R. DiMarco and R. Sarubbi regarding draft letter; prepare
revisions to draft letter; consider input from F. Rivera regarding strategy for
assertions of causes of action;

11/30/13 R. Sarubbi 0.25 Review DiMarco edits to draft letter to JPM;

12/02/13 G. Eisenberg 2.30 Prepare revisions to exhibits to letter; review comments from R. DiMarco to
draft letter; further review of supporting email for exhibits to letter;

12/03/13 G. Eisenberg 4.20 Prepare revisions to draft letter and exhibits; conference with R. DiMarco, J.
Walker and R. Sarubbi regarding revisions to letter and exhibits; examine
emails underlying various exhibits;

12/03/13 R. Sarubbi 0.25 Conference call with working group regarding revised draft letter;

12/03/13 A. Fang 0.30 Conference with G. Eisenberg regarding background of case and research
assignment;

12/04/13 G. Eisenberg 2.80 Review revised draft letter from R. DiMarco; participate in conference call
with R. DiMarco, J. Walker, R. Sarubbi regarding strategy for revisions to
letter and exhibits; prepare revisions to letter; consider scope of counsel list
for service;

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INVOICE #: 5117416

Mortgage Resolution Servicing, LLC

111616.0001 / Dispute with Chase Home Finance, LLC

DATE ATTORNEY/ASSISTANT HOURS DESCRIPTION OF SERVICES

12/04/13 R. Sarubbi 1.50 Conference with G. Eisenberg, conference call with working group regarding
final drafting session on letter to JPMorgan;

12/04/13 A. Fang 2.40 Review background materials on regulations pertaining to servicing of


subprime residential mortgages; research assignment regarding whether
there are restrictions on a financial institution's ability to use collection
agencies for the servicing of loans, and whether statutes governing
servicers apply to collection agencies; conference with G. Eisenberg
regarding whether there are restrictions on a financial institution's ability to
use collection agencies for the servicing of loans, and whether statutes
governing servicers apply to collection agencies; research regarding
attorney general opinions on the use of collection agencies for servicing of
mortgages;

12/05/13 A. Fang 2.30 Research regarding attorney general opinions on the use of collection
agencies for servicing of mortgages; conference with G. Eisenberg
regarding Attorney General opinions research regarding state statutes
governing the licensing of servicers and potential application to facts of our
case; conference with G. Eisenberg regarding state statutes governing
licensing of servicers;

12/08/13 G. Eisenberg 3.30 Prepare revisions to exhibits in support of letter;

12/08/13 R. Sarubbi 0.25 Reviewed revised exhibits to JPM letter;

12/10/13 G. Eisenberg 1.70 Conference with R. DiMarco; J. Walker, J. Foster and R. Sarubbi regarding
revisions to letter and exhibits, together with strategy for timing on delivery of
letter; prepare revisions to exhibits;

12/10/13 R. Sarubbi 0.75 Reviewed revised draft letter to JPMorgan Chase, conference call with
working group;

12/12/13 G. Eisenberg 0.40 Prepare revisions to slides; prepare email to R. DiMarco and partners
regarding revised slides;

12/19/13 G. Eisenberg 0.40 Conference with R. DiMarco and R. Sarubbi regarding letter drafting and
delivery timing strategy;

12/19/13 R. Sarubbi 0.50 Conference call with G. Eisenberg & Rob DiMarco regarding JPM letter;

01/14/14 G. Eisenberg 0.90 Conference with L. Schneider and counsel regarding qui tam and impact on
strategy for enforcing rights under MLPA;

01/14/14 R. Sarubbi 1.50 Conference call with working group regarding revised JPM letter in light of
new information about Qui Tam proceeding; reviewed Eisenberg draft with
respect to additional information to be incorporated in our letter;

01/15/14 G. Eisenberg 1.80 Prepare revised draft letter in light of qui tam decision by government;

01/15/14 R. Sarubbi 1.00 Reviewed Schneider e-mail and revised draft letter to JPMorgan Chase;
revised and sent JPMorgan letter to working group;

Page 4
INVOICE #: 5117416

Mortgage Resolution Servicing, LLC

111616.0001 / Dispute with Chase Home Finance, LLC

DATE ATTORNEY/ASSISTANT HOURS DESCRIPTION OF SERVICES

01/28/14 G. Eisenberg 0.50 Conferences with R. Sarubbi and R. DiMarco regarding status of revisions to
letter;

01/28/14 R. Sarubbi 0.25 Conference call with G. Eisenberg and R. DiMarco regarding revisions to
JPM letter;

02/04/14 R. Sarubbi 1.00 Conference call with working group regarding revisions to JPM letter;
telephone calls with G. Eisenberg;

02/10/14 G. Eisenberg 0.40 Conference with R. DiMarco regarding additional items to be included in
letter to JPMorgan;

02/17/14 G. Eisenberg 1.30 Review materials from R. DiMarco regarding servicing regulations; prepare
email to R. DiMarco regarding impact of new regulations on "not in
accordance with applicable law" claims; review additional correspondence
provided by L. Schneider regarding continuing breaches of servicing and
settlement agreement obligations;

02/25/14 G. Eisenberg 1.20 Conference with L. Schneider, R. DiMarco, J. Walker and R. Sarubbi
regarding order regarding unsealing of complaints; review order and
analyze effect on time for service of complaint; conference with R. DiMarco
regarding continued ability to serve complaint;

02/25/14 R. Sarubbi 0.50 Conference call with G. Eisenberg & working group regarding JPM letter,
unsealing of Qui Tam;

02/26/14 G. Eisenberg 1.90 Conference with F. Rivera and R. Sarubbi regarding latest factual
developments relating to mortgage loan purchase agreement breaches;
review and consider revisions to revised draft letter outlining breaches of
agreement;

02/26/14 R. Sarubbi 1.50 Reviewed revised JPM letter, conference with G. Eisenberg;

TOTAL HOURS

95.05

SERVICES

$61,779.25

Page 5
INVOICE #: 5117416

Mortgage Resolution Servicing, LLC

111616.0001 / Dispute with Chase Home Finance, LLC

FOR DISBURSEMENTS THROUGH 02/26/14

DESCRIPTION AMOUNT

Conference meals - Seamless North America, LLC - Conference meals - R. Sarubbi, R. $137.69
DeMarco, B. Walker, et. al., 11/13

Conference meals - Seamless North America, LLC - Conference meals - R. Sarubbi, R. $16.72
DiMarco, B. Walker, et. al., 11/12

Conference meals - Seamless North America, LLC - Conference meals - R. Sarubbi, R. $140.48
DiMarco, B. Walker, et. al., 11/12

Conference meals - Seamless North America, LLC - Conference meals - R. Sarubbi, R. $16.44
DeMarco, B. Walker, et. al., 11/13

Photocopies and printing $2.00

Telephone conference calls $42.19

Computer research - Lexis/WestLaw $2,082.66

TOTAL FOR DISBURSEMENTS

$2,438.18

SUMMARY OF SERVICES THROUGH 02/26/14

ATTORNEY/ASSISTANT HOURS RATE AMOUNT

G. Eisenberg 48.80 649.10 31,676.00


F. Rivera 2.50 620.00 1,550.00
R. Sarubbi 23.25 687.37 15,981.25
M. Thimmig 7.30 700.00 5,110.00
J. Shuchat 8.20 660.00 5,412.00
A. Fang 5.00 410.00 2,050.00

Total 95.05 $61,779.25

TOTAL DUE THIS INVOICE


$44,217.43

Page 6
INVOICE #: 5117416

Mortgage Resolution Servicing, LLC

111616.0001 / Dispute with Chase Home Finance, LLC

ACCOUNTS RECEIVABLE AGING INFORMATION

0 - 30 31 - 60 61 - 90 91 - 120 121+ TOTAL

Fees: $41,779.25 $0.00 $0.00 $0.00 $0.00 $41,779.25


Costs: $2,438.18 $0.00 $0.00 $0.00 $0.00 $2,438.18
Other: $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Late Charges: $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Total: $44,217.43 $0.00 $0.00 $0.00 $0.00 $44,217.43

The Accounts Receivable Total may not include all late charges on outstanding invoices . Late charges accrue based on
the terms of your Letter of Engagement.

Page 7

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