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borrowers, incident reports and associated narratives, questionable activity reports, fraud flag

Date
2023-03-06

Summary

Exhibit A, filed March 6, 2023 as Doc 608-2 in Case 22-10951-CTG, is a two-page list of document requests and deposition topics concerning Customers Bank borrowers serviced by the Debtor. Its eleven document requests seek loan files, servicing files, borrower communications, fraud reviews including KYC and KYB investigations and screening results, borrower payment records, SBA guaranty purchase submissions and forgiveness applications. Other requests cover loans affected by the SBA's "excess loan amount" hold, communications with the SBA on that issue, third party audit requirements, and plans for transitioning servicing from the Debtor to Customers Bank. The two deposition topics are the requested documents and the location, transfer status and transferability of the data needed to move loan servicing to Customers Bank.

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Full text

             Case 22-10951-CTG          Doc 608-2     Filed 03/06/23     Page 1 of 2




                                              EXHIBIT A


       I.      Document Requests


       1. All documents constituting the loan files of Customers Bank borrowers serviced by

the Debtor, including without limitation applications, tax forms, resolution to borrower forms,

notes, and supporting borrower documents.


       2. All documents constituting the servicing file(s) for Customers Bank borrowers

serviced by the Debtor.


       3. All documents evidencing communications between the Debtor and Customers Bank

borrowers, including without limitation emails and recorded calls and billing and payment

information for loans with a remaining balance.


       4. All documents evidencing fraud reviews performed by the Debtor with respect to

Customers Bank borrowers, including without limitation Know Your Customer (“KYC”) and/or

Know Your Business (“KYB”) investigations made by the Debtor regarding Customers Bank

borrowers, incident reports and associated narratives, questionable activity reports, fraud flag

categories and flag explanations, and results of screening procedures (such as Threatmetrix,

Lexis/Nexis, Experian, GIAC).


       5. All documents evidencing borrower payments, including without limitation ACH

detail for payments.


       6. All documents evidencing SBA guaranty purchase submissions and underlying

eligibility documents and transcript assignment forms.
              Case 22-10951-CTG         Doc 608-2      Filed 03/06/23      Page 2 of 2




       7. All documents regarding forgiveness applications submitted to the SBA for Customers

Bank borrowers, including without limitation the data extract from the Biz2Credit platform.


       8. All documents evidencing which Customers Bank loans are impacted by the SBA’s

“excess loan amount” hold, including without limitation reports with loan level detail on actions

taken by Kabbage on the “excess loan amount issue.”


       9. All documents evidencing communications with the SBA regarding processing

forgiveness and/or guaranty on loans with an “excess loan amount” issue, including without

limitation any SBA requirements for processing forgiveness and guaranty on the “excess loan”

population.


       10. All documents evidencing third party audit and governance requirements and

communications with respect to the Debtor’s servicing of the Customers Bank loans.


       11. All plans, timelines, or statements of work regarding the transition of servicing from

the Debtor to Customers Bank.


       II.     Deposition Topics


       1. The documents requested above.


       2. The location, transfer status, technical specifications, and transferability of the data:

(a) necessary to transfer the loan servicing to Customers Bank; and (b) requested by Customers

Bank from the Debtor to effect the transfer of loan servicing to Customers Bank.




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gov.uscourts.deb.188293.608.2.pdf
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gov.uscourts.deb.188293.608.2.pdf
Original
archive.org
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